Congressman Tim Ryan Announces that Parker Hannifin Employees Will Receive Trade Adjustment Assistance
Youngstown, Ohio – Congressman Tim Ryan is pleased to announce the certification petition for Trade Adjustment Assistance for laid-off workers at Parker Hannifin Corporation who engaged in activities related to the production of hydraulic gear pumps. Trade Adjustment Assistance (TAA) will assist workers in their search for re-employment through income support, training, assistance with healthcare premium costs, employment and case management services, and may include job search and relocation allowances.
“As more and more jobs are moving overseas due to unfair playing fields, we must make it a priority to make sure that hardworking Americans are given the resources necessary to succeed in this global economy. I am pleased that Parker Hannifin employees will now be able to access the services they need to help them land on their feet. Through no fault of their own, these men and women have found themselves in a dire situation, and I am committed to continue to work with the company, union officials and employees to help them through this difficult transition,” said Congressman Ryan.
The Trade Adjustment Assistance (TAA) Program is a federal program that assists US workers who have lost their jobs as a result of foreign trade. The program provides trade-affected workers with opportunities to obtain the skills, resources, and support they need to become reemployed. For example, Trade Readjustment Allowances will provide income support while workers are participating in full-time training, which may include classroom and/or on the-job training, customized training, post-secondary education, prerequisite education or coursework and remedial education. The cost of training is paid to the training provider by the State with TAA Program funds. In addition, the Health Care Tax Credit makes health insurance more affordable for trade-affected workers by paying 72.5% of health insurance premiums.