New Employment and Training Programs for Unemployed and Underemployed Individuals
This act aims to create new employment and training opportunities for unemployed or underemployed individuals, including those affected by the COVID-19 pandemic. These programs will help people re-enter the workforce by offering subsidized jobs, training, and support, as well as incentives for employers to hire these individuals.
Key points
New Subsidized Jobs: Programs will offer financial support to employers hiring unemployed individuals, covering a portion of wages and payroll taxes.
Training and Support: In addition to employment, participants will gain access to vocational training, education, and supportive services like legal aid or job coaching.
Support for Individuals with Barriers: The act focuses on assisting individuals facing employment barriers, such as the long-term unemployed, those with criminal records, or former foster youth.
Flexibility for Local Programs: States, Indian tribes, and local governments can tailor programs to meet the specific needs of their communities and local labor markets.
Tax Credits for Employers: Employers who retain individuals from these programs for longer periods may receive additional tax credits after the subsidized employment ends.
Expired
Additional Information
Print number: 117_S_784
Sponsor: Sen. Wyden, Ron [D-OR]
Process start date: 2021-03-17