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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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	News Room
	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 > Fatal Accident Proposed Penalties Total $154,800 FORT LAUDERDALE, Fla. -- The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited Aleluya Roofing Co., Miami, ... Read more > U.S. Department of Labor’s June Employment Report “Today’s employment report from the Labor Department shows that for the 34th consecutive month, the economy continues to expand and create job oppo... Read more > More News >

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Stock exchange

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An organized market for the buying and selling of stocks and bonds.

Bear market

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A market in which, in a time of falling prices, shareholders may rush to sell their stock shares, adding to the downward momentum.

Mutual fund

Definition:
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfo

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Louisiana Wills & Trusts Attorney

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