October 28, 2010

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Oct. 23, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 21,000 from the previous week's revised figure of 455,000. The 4-week moving average was 453,250, a decrease of 5,500 from the previous week's revised average of 458,750.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Oct. 16, a decrease of 0.1 percentage point from the prior week's revised rate of 3.6 percent.

October 28, 2010

US Labor Department sues president of defunct Dover, Del., printing company for failing to forward employee contributions to 401(k) plan

DOVER, Del. – The U.S. Department of Labor has sued David Owen, the former president of defunct Owen Printing Dover Inc., for failure to remit employee contributions to the company’s 401(k) plan in violation of the Employee Retirement Income Security Act.

October 26, 2010

US Department of Labor approves standards for direct support professional occupation under national Registered Apprenticeship system

WASHINGTON – The U.S. Department of Labor's Employment and Training Administration has approved national guidelines for apprenticeship standards for the occupation of direct support professional. These standards will enable employers to use ETA's Registered Apprenticeship program to train workers for careers in the long-term care sector of the health care industry.

October 25, 2010

US Labor Departments OSHA fines New Hampshire gun powder manufacturer $1.2 million, issues 54 citations after deadly explosion

WASHINGTON – The U.S. Department of Labor's Occupational Safety and Health Administration has issued 54 workplace safety and health citations with penalties totaling $1.2 million to gun powder substitute manufacturer Black Mag LLC, following an investigation into the causes of a deadly explosion in May at the company's worksite in Colebrook, N.H. The explosion took the lives of two workers who had been on the job for only a month.

October 25, 2010

US Department of Labor announces grant to assist Native Americans affected by fishing industry layoffs in Washington State

WASHINGTON – The U.S. Department of Labor today announced a $3,390,568 grant to assist about 300 workers affected by fishing industry layoffs in the Lummi Nation, located near Bellingham, Wash.

October 25, 2010

US Department of Labor announces continued re-employment assistance to support Minnesota workers impacted by defense industry layoffs

WASHINGTON – The U.S. Department of Labor today announced a $64,499 National Emergency Grant supplemental award to continue to provide services to 198 workers affected by layoffs at BAE Systems Inc. in Fridley, Minn.

"Continued access to quality training and job search services is a crucial component in helping Minnesotans find re-employment in today's challenging labor market," said Jane Oates, assistant secretary for the department's Employment and Training Administration.

October 21, 2010

Statement of Labor Secretary Hilda L. Solis on reported decline in workplace injuries and illnesses

WASHINGTON – The U.S. Department of Labor's Bureau of Labor Statistics today announced that nonfatal workplace injuries and illnesses among private industry employers declined in 2009 to a rate of 3.6 cases per 100 equivalent full-time workers, down from a total case rate of 3.9 in 2008. BLS also reported a decline in the total number of cases from 3.7 million in 2008 to 3.3 million in 2009. Secretary of Labor Hilda L. Solis issued the following statement:

October 21, 2010

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Oct. 16, the advance figure for seasonally adjusted initial claims was 452,000, a decrease of 23,000 from the previous week's revised figure of 475,000. The 4-week moving average was 458,000, a decrease of 4,250 from the previous week's revised average of 462,250.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Oct. 9, unchanged from the prior week's unrevised rate of 3.5 percent.

October 21, 2010

US Labor Department settles hiring discrimination case with Tyson Refrigerated Processed Meats in Vernon, Texas

VERNON, Texas The U.S. Department of Labor's Office of Federal Contract Compliance Programs has announced that Tyson Refrigerated Processed Meats Inc. has agreed to settle findings of hiring discrimination against 157 African-American and 375 Caucasian applicants for laborer positions at the company's bacon processing plant in Vernon.

October 21, 2010

US Department of Labor and AICPA sponsor website highlighting small business retirement solutions

Washington – The U.S. Department of Labor and the American Institute of Certified Public Accountants today launched a new, interactive website to help small businesses select a retirement plan suitable for their employees.

The website, "Choosing A Retirement Solution for Your Small Business" – available at http://www.choosingaretirementsolution.org. – was jointly developed and is co-sponsored by the Labor Department's Employee Benefits Security Administration and the AICPA.

October 21, 2010

US Department of Labor sues New York-based investment managers and advisors over plan investments with Bernard Madoff

New York – The U.S. Department of Labor has sued Beacon Associates Management Corp., Andover Associates Management Corp., Ivy Asset Management LLC, J.P. Jeanneret Associates Inc. and the principals of the four companies for causing dozens of pension, health and other employee benefit plan clients to lose hundreds of millions of dollars through investments with Bernard L. Madoff and his firm.

October 21, 2010

US Labor Department proposes rule defining 'fiduciaries' of employee benefit plans

Washington – The U.S. Department of Labor's Employee Benefits Security Administration today announced a proposed rule to update the definition of "fiduciary" to more broadly define the term as a person who provides investment advice to plans for a fee or other compensation.

October 20, 2010

US Department of Labor announces grant to help Virginians looking for work cover health insurance payments

WASHINGTON – The U.S. Department of Labor today announced a $3,008,790 grant to provide an estimated 1,868 jobless workers in Virginia with partial premium payments for health insurance coverage.

October 20, 2010

Assistant Secretary of Labor Phyllis C. Borzi to discuss proposed regulation amending definition of ‘fiduciary’

WASHINGTON – Phyllis C. Borzi, assistant secretary of the U.S. Department of Labor’s Employee Benefits Security Administration, will hold an Oct. 21 conference call with members of the media to discuss a proposed rule to amend the regulatory definition of the term “fiduciary” under section 3(21) of the Employee Retirement Income Security Act. The proposed amendment would better reflect the current practices of investment advisers and the expectations of plan officials and participants who receive investment advice.

October 19, 2010

MSHA issues more than 550 violations during September impact inspections

ARLINGTON, Va. The U.S. Department of Labor's Mine Safety and Health Administration today announced that federal inspectors issued 499 citations, 61 orders and three safeguards during special impact inspections conducted at 15 coal and 15 metal/nonmetal mine operations last month.

October 19, 2010

US Labor Department announces more than $1.3 million in unemployment insurance modernization incentive funds to US Virgin Islands

WASHINGTON – The U.S. Department of Labor today certified for release $1,335,274 in unemployment insurance modernization incentive funds to the U.S. Virgin Islands. The territory qualified for these funds, which account for the remaining two-thirds of its share of the funds available under the American Recovery and Reinvestment Act, by making unemployment benefits available to part-time workers and by including certain family-friendly provisions in its UI law.

October 19, 2010

US Department of Labor adds new information to Site Exposure Matrices website about toxic substances at nuclear weapons facilities

WASHINGTON — The U.S. Department of Labor today announced its continued expansion of the Site Exposure Matrices website with the release of information on an additional 23 U.S. Department of Energy nuclear weapons facilities, including Rocky Flats in Colorado.

October 19, 2010

U.S. Department of Labor’s ERISA Advisory Council to meet Nov. 3-4, 2010

WASHINGTON – The Advisory Council on Employee Welfare and Pension Benefit Plans – known as the ERISA Advisory Council – will meet Nov. 3-4, at the U.S. Department of Labor, 200 Constitution Ave. NW, Room C-5515-1A, in Washington, D.C.

October 18, 2010

Judge orders executive of Ohio-based Three Rivers Option Care to repay more than $78,000 to employee SIMPLE IRA plan after US Labor Department investigation

COSHOCTON, Ohio – A federal district court in Columbus, Ohio, has entered a consent order and judgment requiring Barbara Elise Miller, an executive of Three Rivers Option Care in Coshocton, to repay $78,562.81 in employee contributions and lost opportunity costs to the participants and beneficiaries of the company’s savings investment match plan for employees individual retirement account plan. The judgment follows an investigation conducted by the U.S. Department of Labor into alleged violations of the Employee Retirement Income Security Act.

October 14, 2010

MSHA issues proposed rule on lowering miners exposure to respirable coal dust

Aim is to end black lung disease among miners

ARLINGTON, Va. – The U.S. Department of Labor's Mine Safety and Health Administration today announced the release of a proposed rule on lowering miners' exposure to respirable coal dust in all underground and surface coal mines. The proposed rule is the latest element of MSHA's "End Black Lung – Act Now" campaign.