U.S. Secretary of Labor Elaine L. Chao Announces $4.2 Billion for Workforce Investment Programs
|
|
|
Monday, March 28, 2005 |
|
|
|
U.S. Secretary of Labor Elaine L. Chao announced allotments of $4.2 billion in Program Year 2005 workforce investment funds. The allocations are made by formula to states and outlying areas as established under the Workforce Investment Act (WIA) and the Wagner-Peyser Act.
These allotments are part of the Fiscal Year 2005 funds appropriated in the Consolidated Appropriations Act, signed by President Bush Dec. 8, 2004. They include $896.6 million for WIA Adult Activities; $1,476.1 million for WIA Dislocated Worker Activities; $986.3 million for WIA Youth Activities; $746.3 million for Wagner-Peyser Employment Service; $34.3 million for Reemployment Services; $37.7 million for Workforce Information Grants; and $17.9 million to administer the Work Opportunity Tax Credit.
The funding levels are being announced now to allow states time to plan expenses under WIA and Wagner-Peyser prior to the beginning of the Program Year July 1, 2005.
The Adult, Youth and Dislocated Worker training programs were established under the Workforce Investment Act of 1998 and the Employment Service program was established under the Wagner-Peyser Act of 1933.
Additional information about these allotments can be found by linking to the Federal Register notice at www.doleta.gov/usworkforce.
|
|
|
|