DEPARTMENT OF LABOR
Employment and Training Administration
BUSINESS CONFIDENTIAL

TA-W-58,738

JOHN HANCOCK
RETAIL FINANCE DEPARTMENT
BOSTON, MASSACHUSETTS

Negative Determination Regarding Eligibility
To Apply For Worker Adjustment Assistance and
Alternative Trade Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended (19 USC 2273), the Department of Labor herein presents
the results of an investigation regarding certification of
eligibility to apply for worker adjustment assistance.
The investigation was initiated on January 30, 2006 in
response to a petition filed by the State of Massachusetts on
behalf of workers of John Hancock, Retail Finance Department,
Boston, Massachusetts. The workers were engaged in employment
related to financial reporting and data analysis or supported
that financial reporting and data analysis.
The investigation found that John Hancock is a financial
services provider (FSP). An FSP is a company that provides
customers and businesses with, among other things, financial
information and advice in order to increase their net wealth.
John Hancock does not make any products or articles of any kind
in its entire corporate structure.
The investigation revealed that John Hancock, Retail
Finance Department, Boston, Massachusetts, does not produce an
article within the meaning of Section 222(a)(2) of the Act. In
order to be considered eligible to apply for adjustment
assistance under Section 223 of the Trade Act of 1974, the
worker group seeking certification (or on whose behalf
certification is being sought) must work for a "firm" or
appropriate subdivision that produces an article and there must
be a relationship between the workers' work and the article
produced by the workers' firm or appropriate subdivision. The
workers of the subject firm do not support a firm or appropriate
subdivision that produces an article domestically and thus the
worker group can not be considered import impacted or affected
by a shift in production of an article.
In addition, in accordance with Section 246 the Trade Act
of 1974 (26 USC 2813), as amended, the Department of Labor
herein presents the results of its investigation regarding
certification of eligibility to apply for alternative trade
adjustment assistance (ATAA) for older workers.
In order for the Department to issue a certification of
eligibility to apply for ATAA, the worker group must be
certified eligible to apply for trade adjustment assistance
(TAA). Since the workers are denied eligibility to apply for
TAA, the workers cannot be certified eligible for ATAA.
Conclusion
After careful review, of the facts obtained in this
investigation, I determine that all workers of John Hancock,
Retail Finance Department, Boston, Massachusetts are denied
eligibility to apply for adjustment assistance under Section 223
of the Trade Act of 1974, and are denied eligibility to apply
for alternative trade adjustment assistance under Section 246 of
the Trade Act of 1974 as amended.
Signed in Washington, D.C., this 15th day of February, 2006.

/s/ Linda G. Poole
______________________________
LINDA G. POOLE
Certifying Officer, Division of
Trade Adjustment Assistance