This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

US Department Of Labor Certifies More Than 18,000 Former Hostess Workers Around The Country As Eligible To Apply For Trade Adjustment Assistance

WASHINGTON, Feb. 19, 2013 /PRNewswire-USNewswire/ -- The U.S. Department of Labor today announced that approximately 18,000 workers laid off in 48 states from 864 Hostess company locations are eligible to apply for Trade Adjustment Assistance. 

"As President Obama said in his State of the Union address, 'to grow our middle class, our citizens must have access to the education and training that today's jobs require,' " said acting Secretary of Labor Seth D. Harris. "Trade Adjustment Assistance enables workers to pursue training in the skills that today's employers need, contributing not just to a stronger middle class, but to a stronger American economy."

This TAA certification was based on a Labor Department investigation to determine whether the layoff event met the group eligibility criteria set forth by the Trade Act of 1974. An investigation found that increased imports of baked products contributed importantly to the company's sales declines and worker separations.

Workers covered by this TAA certification will be contacted by their respective state workforce agencies with instructions on how to apply for individual benefits and services. Those who qualify may receive case management and re-employment services, training in new occupational skills and/or trade readjustment allowances that provide income support for workers enrolled in training. Workers may also receive job search and relocation allowances, and the Health Coverage Tax Credit.

While TAA is open to eligible workers of all ages, workers 50 years of age and older may elect to receive Re-employment Trade Adjustment Assistance instead. If a worker obtains new employment at wages less than $50,000 and less than those earned in the trade-impacted employment, the RTAA program will pay 50 percent of the difference between the old wage and the new wage, up to $10,000 over a two-year period. RTAA participants may also be eligible for retraining and the HCTC.

For more information on TAA and the range of the Department of Labor's employment and training services, visit

U.S. Department of Labor news materials are accessible at The information above is available in large print, Braille or CD from the COAST office upon request by calling 202-693-7828 or TTY 202-693-7755. 

Connect with DOL at

SOURCE U.S. Department of Labor

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,790.19 +13.76 0.08%
S&P 500 1,979.92 -7.13 -0.36%
NASDAQ 4,748.3610 -32.9030 -0.69%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs