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January 30, 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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	U.S. Labor Department's OSHA Issues Multiple Safety Citations The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has proposed $56,000 in fines against industrial gear manufactu... Read more > 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 > Unemployment Insurance Advisory Council EAU CLAIRE – The public is invited to comment on and to suggest improvements to Wisconsin’s Unemployment Insurance (UI) program at a public hearing... Read more > More News >

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Inflation

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A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)

Federal Reserve Bank

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One of the 12 operating arms of the Federal Reserve System, located throughout the United States, that together with their 25 branches carry out various functions of the U.S. central bank system.

Dividend

Definition:
Money earned on stock holdings; usually, it represents a share of profits paid in proportion to the share of ownership.

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