Assistance to Unemployed Workers and Economically Distressed Communities Prepared by Howard Rosen Executive Director Trade Adjustment Assistance Coalition.

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Assistance to Unemployed Workers and Economically Distressed Communities Prepared by Howard Rosen Executive Director Trade Adjustment Assistance Coalition

December 4, 2003Prepared by Howard Rosen Assistance for Unemployed Workers Unemployment Insurance Workforce Investment Act (WIA) Temporary Assistance for Needy Families Earned Income Tax Credit Trade Adjustment Assistance

December 4, 2003Prepared by Howard Rosen TAA Eligibility Criteria Increase in imports/shift in production Decrease in domestic production and/or employment Increase in imports or shift in production “contributed importantly” to decline in employment

December 4, 2003Prepared by Howard Rosen TAA Program 76 weeks of income support if enrolled in training (in addition to UI) Training Refundable health insurance tax credit Wage insurance Job Search Assistance Relocation Assistance

December 4, 2003Prepared by Howard Rosen 2002 TAA Reform Program simplification Expand criteria to include secondary workers and shifts in production Extend income support by 26 weeks Provide health insurance tax credit Create wage insurance program Increase relocation and job search allowances

December 4, 2003Prepared by Howard Rosen Wage Insurance Eligibility Re-employed full-time, within 26 weeks At least 55 years old Earning not more than $50,000 a year Not employed by previous employer Assistance 50 percent of the difference between old and new wage for up to 2 years, not to exceed $10,000 Health insurance tax credit

December 4, 2003Prepared by Howard Rosen Where Do Jobs Come From? Macroeconomic Policies: Fiscal and Monetary Economic Development Labor Market Policies Level of economic activity Composition and location of investment Productivity and wages

December 4, 2003Prepared by Howard Rosen Economic Development Location of Investment Tax policies Investment incentives Regional policies Education and Training

December 4, 2003Prepared by Howard Rosen “Defense Conversion” Community-based organization Local Redevelopment Authority (LRA) Community-based planning and implementation Larger economic planning grants Transition coordinators

December 4, 2003Prepared by Howard Rosen Economic Adjustment Community Leaders Local Businesses Workers Federal, state and local government