February 19, 2013
Harkin Announces Trade Assistance for Iowa Workers
WASHINGTON, D.C. – Senator Tom Harkin (D-IA) announced today that displaced workers from the Hostess Brands, Inc. plant in Waterloo – as well as stores and depots throughout Iowa – are now eligible for Trade Adjustment Assistance (TAA). The announcement came from the U.S. Department of Labor (DOL) after an investigation found that increased imports of baked products affected company sales. Hostess went out of business in November 2012. Harkin is the Chairman of the Senate Committee on Health, Education, Labor and Pensions.
“Today’s funding will offer much needed support and job training for Iowans affected by the Hostess baked goods company closing. Through this training and support, these displaced workers across the state can learn new skills, get back on their feet, and continue to support their families,” said Harkin. “This is precisely the kind of investment in local, American workers that we need during difficult economic times.”
As a result of this declaration, workers are now eligible for federal assistance including income support similar to extended unemployment insurance, training assistance, case management services, out-of-area job search and relocation allowances, wage insurance for workers over 50 years old, and a tax credit for health insurance premiums.