SEASONALLY ADJUSTED DATA In the week ending July 10, the advance figure for seasonally adjusted initial claims was 429,000, a decrease of 29,000 from the previous week's revised figure of 458,000. The 4-week moving average was 455,250, a decrease of 11,750 from the previous week's revised average of 467,000.

The advance seasonally adjusted insured unemployment rate was 3.7 percent for the week ending July 3, an increase of 0.2 percentage point from the prior week's revised rate of 3.5 percent.

WASHINGTON Secretary of Labor Hilda L. Solis today issued the following statement regarding the unauthorized public dissemination of confidential information collected by state agencies in Utah:

WASHINGTON — The U.S. Department of Labor today announced an interim final rule that will enhance disclosure to fiduciaries of 401(k) and other retirement plans. The rule will assist fiduciaries in determining both the reasonableness of compensation paid to plan service providers and any conflicts of interest that may impact a service provider's performance under a service contract or arrangement.

Savannah, Georgia – The U.S. Department of Labor has sued Savannah attorney Benjamin Eichholz and the Eichholz Law Firm to recover assets belonging to the Eichholz & Associates P.C. Retirement Plan and the Eichholz & Associates P.C. Employees Pension Plan.

WASHINGTON – The U.S. Department of Labor today announced $119.6 million in funding allocations for Trade Adjustment Assistance to states to assist workers who lose their jobs due to outsourcing and foreign trade. These allocations are from the second distribution for fiscal year 2010 and represent, along with previously distributed initial allocation and reserve requests, approximately 90 percent of the total amount available for TAA training for this year.

WASHINGTON – Secretary of Labor Hilda L. Solis today announced second year funding amounting to $66,678,357 to 183 community groups to provide education and training to young people across the United States. The YouthBuild program assists out-of-school youth in obtaining their diplomas or GEDs while providing occupational training in the construction industry. While acquiring leadership skills and participating in community service, at-risk youth build and renovate affordable housing within their communities.

Indianapolis, Indiana – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities,” a free retirement plan seminar in Indianapolis July 22 at the Sheraton Indianapolis City Centre Hotel, 31 W. Ohio St.

Lewes, Delaware — The U.S. District Court for the District of Delaware has issued a default judgment removing defunct Keystone Professional Employers Inc. of Lewes as fiduciary of its 401(k) plan. The judgment resolves a lawsuit filed by the U.S. Department of Labor in January alleging that the company abandoned its plan without distributing the assets when it ceased operations in 2000.

Lewes, Delaware — The U.S. District Court for the District of Delaware has issued a default judgment removing defunct Keystone Professional Employers Inc. of Lewes as fiduciary of its 401(k) plan. The judgment resolves a lawsuit filed by the U.S. Department of Labor in January alleging that the company abandoned its plan without distributing the assets when it ceased operations in 2000.

SEASONALLY ADJUSTED DATA In the week ending July 3, the advance figure for seasonally adjusted initial claims was 454,000, a decrease of 21,000 from the previous week's revised figure of 475,000. The 4-week moving average was 466,000, a decrease of 1,250 from the previous week's revised average of 467,250.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending June 26, a decrease of 0.2 percentage point from the prior week's unrevised rate of 3.6 percent.

WASHINGTON – The U.S. Department of Labor's Employment and Training Administration today announced the release of an industry competency model for geospatial technology. There are now 16 models available on the Competency Model Clearinghouse available through the department's One-Stop Career Centers website.

WASHINGTON – The U.S. Department of Labor today launched an online registry allowing the public to retrieve information about temporary agricultural jobs that fall under the H-2A program. The new tool was developed in compliance with regulations implemented by the department on March 15.

retirement plan

Concord, New Hampshire – The U.S. Department of Labor has obtained a consent judgment ordering Eric C. Mitchell & Associates Inc. and Eric C. Mitchell to restore $20,723 in funds to the Bedford, N.H., company's 401(k) retirement plan. The defendants served, respectively, as the plan's sponsor and administrator, and as its trustee.

WASHINGTON – U.S. Assistant Secretary of Labor for Occupational Safety and Health Dr. David Michaels today issued the following statement regarding training for Gulf Coast oil spill clean-up:

"Employees hired to be supervisors in the onshore and marine cleanup are required to receive extensive training. A rigorous 40-hour program is required under OSHA's Hazardous Waste Operation and Emergency Response Standard.

WASHINGTON – The U.S. Department of Labor's Occupational Safety and Health Administration today announced it has resolved litigation with Imperial Sugar Co. stemming from the February 2008 explosion at its Port Wentworth, Ga., plant and subsequently discovered safety and health violations at the company's Gramercy, La., facility.

WASHINGTON – The U.S. Department of Labor today certified for release $43,625,769 in unemployment insurance modernization incentive funds to the state of Nebraska. Nebraska qualified for its full share of the funds available under the American Recovery and Reinvestment Act by adding new provisions to its UI law that assist recent entrants to the workforce, part-time workers and people who are upgrading their skills.

WASHINGTON – At the direction of Secretary of Labor Hilda L. Solis, July 7 through 9, three U.S. Department of Labor agency heads will travel to Gulf states impacted by the BP Deepwater spill. The delegation will include Assistant Secretary of Labor for Employment and Training Jane Oates, Wage and Hour Division Deputy Administrator Nancy J. Leppink and Office of Federal Contract Compliance Programs Director Patricia A. Shiu.

WASHINGTON – The U.S. Department of Labor's solicitor today filed a complaint against the U.S. Postal Service for electrical work safety violations. The complaint, which asks the Occupational Safety and Health Review Commission to order USPS to correct electrical violations at 350 facilities, marks the first time the department has sought enterprise-wide relief as a remedy.

WASHINGTON – The U.S. Department of Labor's Occupational Safety and Health Administration is soliciting applications for $2.75 million in Susan Harwood Targeted Topic Training Grants to provide training and education programs on safety and health for workers and their employers. For fiscal year 2010, the program offers 28 targeted topic areas including crane safety, combustible dust, maritime, oil and gas, and eye safety.

Washington – Assistant Secretary of Labor Phyllis C. Borzi today issued the following statement regarding the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the premium reduction under the American Recovery and Reinvestment Act (ARRA):