January 7, 2011

US Labor Department sues defunct Portland, Maine, company and former owner to recover misused retirement plan assets

PORTLAND, Maine – The U.S. Department of Labor has sued Larry Chaney and his defunct company, CLRS Enterprises, of Portland for failing to forward approximately $11,000 in employee contributions withheld from employees’ paychecks to the company’s savings incentive match plan for employees individual retirement account, known as a SIMPLE IRA. The company formerly operated as Woodward Thomsen Co.

January 6, 2011

US Labor Department upgrades re-employment Web portal as gateway for information on employment, training, financial help

WASHINGTON – The U.S. Department of Labor has upgraded its re-employment Web portal to provide access to assistance beyond career and job searches. The http://www.CareerOneStop.org/reemployment site now offers a single source for information on jobs, career training, unemployment benefits and assistance with necessities such as food, housing, health care and utility payments.

January 6, 2011

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Jan. 1, the advance figure for seasonally adjusted initial claims was 409,000, an increase of 18,000 from the previous week's revised figure of 391,000. The 4-week moving average was 410,750, a decrease of 3,500 from the previous week's revised average of 414,250.

The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Dec. 25, unchanged from the prior week's unrevised rate of 3.3 percent.

January 6, 2011

US Labor Department sues defunct Cranbury, NJ, company to protect 401(k) plan participants

CRANBURY, N.J. – The U.S. Department of Labor has filed a lawsuit seeking the appointment of an independent fiduciary to oversee the abandoned 401(k) plan of defunct International Business Software Solutions, a company formerly located in Cranbury. The plan covered 31 participants and had $344,692 in assets as of December 2009, the latest data available.

January 6, 2011

US Labor Department obtains order to restore more than $600,000 to Southern California company’s employee stock ownership plan

PASADENA, Calif. – The U.S. Department of Labor has obtained a court order restoring $601,736 to the employee stock ownership plan of defunct Air Transport Manufacturing Co. in Sun Valley, Calif. The company ceased operations and sold its assets in 2008.

January 5, 2011

US Labor Department, Massey Energy reach settlement agreement

Case involved motion for preliminary injunction against Freedom Energy

January 3, 2011

US Labor Department obtains judgment restoring nearly $34,000 in misused assets to 401(k) plan of Newton, Mass., salon

BOSTON – The U.S. Department of Labor has obtained a consent judgment requiring Sylvestre Franc Inc., operator of a salon in Newton, Mass., as well as the company’s owner and the plan trustee, to restore $33,918.73 in misused plan assets to the company’s 401(k) plan.

December 30, 2010

US Department of Labor provides $1 million to continue severe storm recovery efforts in Puerto Rico

WASHINGTON – The U.S. Department of Labor has announced a $1 million National Emergency Grant increment to continue clean-up and recovery efforts in the wake of the severe storms and flooding that struck Puerto Rico in May 2010.

"The floodwaters may have receded, but Puerto Rico is still cleaning up," said Secretary of Labor Hilda L. Solis. "These funds will provide additional assistance to help clean up and repair the affected communities by creating temporary jobs."

December 30, 2010

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Dec. 25, the advance figure for seasonally adjusted initial claims was 388,000, a decrease of 34,000 from the previous week's revised figure of 422,000. The 4-week moving average was 414,000, a decrease of 12,500 from the previous week's revised average of 426,500.

The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Dec. 18, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.2 percent.

December 30, 2010

US Labor Department resolves back wage case against Houston-based CEMEX

Workers in 8 states to recover more than $1.5 million in overtime back wages

HOUSTON — The U.S. Department of Labor announced the filing of a consent judgment in a case against CEMEX Inc. and the recovery of $1,514,449 in overtime back wages for 1,705 current and former ready-mix drivers who worked in eight states.

December 29, 2010

US Department of Labor awards nearly $20 million to combat exploitive child labor in Bolivia, Egypt and Jordan

WASHINGTON — The U.S. Department of Labor today announced nearly $20 million in grants awarded to combat exploitive child labor in Bolivia, Egypt and Jordan.

December 29, 2010

US Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Sherrill, N.Y., employer

NEW YORK – The U.S. Department of Labor has filed a lawsuit in the U.S. District Court for the Northern District of New York seeking the appointment of an independent fiduciary to oversee the abandoned 401(k) plan of the defunct Swigonski Management Group, formerly located in Sherrill, N.Y.

December 23, 2010

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Dec. 18, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week's revised figure of 423,000. The 4-week moving average was 426,000, an increase of 2,500 from the previous week's revised average of 423,500.

The advance seasonally adjusted insured unemployment rate was 3.2 percent for the week ending Dec. 11, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.3 percent.

December 23, 2010

U.S. Labor Department sues former president of Phezer Enterprises to recover former workers’ health care contributions

Crystal Lake, Illinois – The U.S. Department of Labor has filed an adversary complaint against Joseph Phelan, former president and fiduciary of Phezer Enterprises Inc. of Crystal Lake, in order to prevent the discharge of $10,470 from his personal bankruptcy, which is owed to the company’s employee health plan.

December 23, 2010

U.S. Labor Department obtains judgment against former West Palm Beach, Florida, ceramic tile contractor to restore funds to company’s pension plan

West Palm Beach, Florida – A federal court in West Palm Beach, Florida, has approved a consent judgment between the U.S. Department of Labor and officers of Bonnie Tile Corp. to restore funds to the company’s savings incentive match plan for employees individual retirement account (SIMPLE IRA) plan.

December 22, 2010

MSHA proposes revisions to examination requirements in underground coal mines

Rule underscores mine operators responsibility for conducting safety and health examinations

December 22, 2010

US Labor Departments OSHA acts to protect residential roofing workers

Agency rescinds Clinton-era directive and gives workers more safeguards against falls

December 22, 2010

US Department of Labor announces nearly $3 million to continue serving workers affected by layoffs in south central Kansas

WASHINGTON – The U.S. Department of Labor today announced a $2,994,763 National Emergency Grant increment to continue providing services to workers affected by layoffs from multiple companies in the aviation, construction, health care, manufacturing and retail industries in south central Kansas. The majority of the layoffs were from four companies in the area's aviation manufacturing industry: Boeing, Bombardier Aerospace, Cessna and Hawker Beechcraft Corp.

December 22, 2010

US Department of Labor announces a public hearing on proposed definition of fiduciary regulation

WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration today announced it will hold a public hearing on March 1, 2011 and if necessary, March 2, 2011, in Washington, D.C. on the proposed rule amending the definition of the term “fiduciary.” The proposed rule was published in the Oct. 22, 2010 Federal Register for public comment.

December 21, 2010

MSHA announces results of November impact inspections

ARLINGTON, Va.The U.S. Department of Labor's Mine Safety and Health Administration today announced that federal inspectors issued 250 citations, orders and safeguards during special impact inspections conducted at 12 coal and 10 metal/nonmetal mine operations last month.