New Federal Unemployment Program

[Resume Writer]

Hi Everyone,

Below, I am posting a press release from the Department of Labor that was recently issued. This program will allow unemployed workers to dictate their own re-employment resources through allocation of a $3000 grant. What this means to you, is that you will be able to decide, instead of have someone decide for you, what resources you feel you need to get employed again. This could be in the form of career document preparation, career coaching, specific training programs, etc.

From what I can gather from the press release, this is in the infancy stages. They are testing this in 9 states and the states have to apply for this program.

To me, this is one of the BEST programs that they have come up with. The way the system works now, as many of you know, is someone in the unemployment office dictates what THEY think you need, instead of trusting you to know what you need.

I am not certain if this replaces workforce development funds, or if it is in addition to that program. I will be contacting the Department of Labor on Monday to find out exactly how this program will work.

Finally, a bright spot for unemployed or dislocated workers!

Kathy

____________________________________

Press Release
U.S. Department of Labor

U.S. Secretary of Labor Elaine L. Chao Launches $9 Million
Test of Personal Reemployment Accounts in up to
Nine States

MINNEAPOLIS - U.S. Secretary of Labor Elaine L. Chao today
announced a $9 million demonstration project for states
interested in Personal Reemployment Accounts (PRAs)
that will help unemployed workers find new jobs.

"Personal Reemployment Accounts will empower unemployed and
dislocated workers with more control over selecting their
own training and career paths," said U.S. Labor
Secretary Elaine L. Chao. "It's part of the President's
commitment to building an ownership society. That's simply
another way of saying that we trust individual workers to
know
what training courses to choose and to decide what job
options they prefer."

Personal Reemployment Accounts are personally managed funds
that eligible unemployed workers use to purchase job
training and supportive services and products from
either the marketplace or public One-Stop Career Centers.

States that take part will be able to offer individual
accounts of up to $3,000 to unemployed workers most likely
to exhaust their Unemployment Insurance benefits before
finding employment. Personal Reemployment Accounts are
additional benefits and will not affect UI benefits.

Under the demonstration announced today, states wanting to
make use of Personal Reemployment Accounts must send a
letter of commitment to qualify for the pilot program.
Up to nine states will be selected to participate.

States participating also will offer a reemployment bonus
feature. Workers who find employment within 13 weeks of
receiving a Personal Reemployment Account will receive a
bonus payment of 60 percent at the time of employment and 40
percent after staying employed for six month

 

[falcon20driver]

Sounds like a good deal.

The Workforce Investment Act helped me out when I needed it.

 

[cessna_driver2]

So in theory, Would it pay for a new type rating if you were Guaranteed a job if you had that specific type rating?

 

[Resume Writer]

So in theory, Would it pay for a new type rating if you were Guaranteed a job if you had that specific type rating?

I believe that is the way it works now with the current Workforce Investment Act. I would check with your state WIA office.

Kathy