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February 06, 2012

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Wills & Trusts News

U.S. Labor Department Announces $4.4 Million Grant To Assist Mississippi Workers

The U.S. Department of Labor today announced a $4,433,754 grant, with an initial release of $1,477,077, to provide employment-related assistance to approximately 1,200 workers who lost their jobs as a result of the closing of the Sara Lee Industries facility located in West Point, Miss.

"This $4.4 million grant will provide these dislocated Mississippi workers with skills training and other reemployment services to help them find new jobs in growing industries," said Secretary of Labor Elaine L. Chao.

In January 2007, Sara Lee Industries announced that the West Point facility would be shut down permanently as of March 30. On February 20, Rapid Response activities were conducted to inform affected workers about assistance available through the public workforce investment system. Read more at dol.gov.

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	Eeoc Settles Sex Bias Suit Against Auto Dealer Jeff Wyler Eastgate, Inc. For $2.3 Million The U.S. Equal Employment Opportunity Commission (EEOC) announced today that it has resolved its lawsuit charging that Jeff Wyler Eastgate, Inc. an... Read more > Almost no Upstate job growth for 2005 Upstate New York barely produced any net new jobs in 2005, the state Labor Department reported with release of revised figures for the end of ... Read more > OSHA Fines Company $138,200 For Workplace Safety Violations CLEVELAND -- The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has proposed $138,200 in fines against Florand Co.... Read more > More News >

Common Terms

Today's Terms

National Association of Securities Dealers Automated Quotation system (Nasdaq)

Definition:
An automated information network that provides brokers and dealers with price quotations on the approximately 5,000 most active securities traded over the counter.

Capital market

Definition:
The market in which corporate equity and longer-term debt securities (those maturing in more than one year) are issued and traded.

Salting

Definition:
This term refers to union organizers that obtain jobs with non-union workers in order to then form a union with those new co-workers.

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