Labor Department Announces Help for Self-Employed

The Department of Labor for the United States recently made an announcement about available funding that will be used to help promote assistance programs that are available for those who are self-employed. There is $35 million worth of funds for the enhancement of such programs, which will go to the different programs in each of the different states in America. The announcement made was just one of several innovative ways to help assist with the Unemployment Insurance program, which has been made possible because of the Middle Class Tax Relief and Job Creation Act, developed in 2012 and signed by the current President, Sir Barack Obama, during the month of February.

The Secretary of Labor, Hilda L. Solis, says that the assistance for self-employment has been quite valuable to many different people, especially since unemployed individuals often dream of being able to own their own business but are not sure how to get started on the right foot with developing their business. The funding will only continue to help this program to grow and expand, reaching more individuals with hopes of owning their own business and helping the economy to get stronger. The program will also help people to create their own businesses which will then result in more jobs created, more employment for everyone, and much lower unemployment rates. Overall, the funding will do plenty of good for all of the different areas in the United States.

Those who choose to participate in such programs get help with their finances along with getting help and training on being an entrepreneur and running their own business. This type of training is generally important in order for these individuals to have the utmost success. When these individuals build their businesses with the right training and skills, they have more potential and that potential leads to more jobs created.

The grant money for each state can be used in one of two ways, either to create a new program for the self-employed or to improve the programs that the state already has for those who have chosen self-employment. The grants can also help states to promote the use of these programs so that people who are interested in running their own business will have options when it comes to gaining the skills and training they need to have the most success. There are several different states that already have active programs for self-employment assistance, which includes New Jersey, New York, Delaware, and Maine. Many other states have been advised to follow suit, as these programs only continue to help improve the economy. The Labor Department will work with any of the states that are interested in creating their own programs for the self-employed.