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Agenda - Council - 09/13/2022
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Agenda - Council - 09/13/2022
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Council
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09/13/2022
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working part-time for economic reasons.176 The latter two classifications are types of labor <br />underutilization, or "underemployed" workers.177 Finally, the interim final rule specified that <br />assistance to unemployed workers included both workers who lost their job during the pandemic <br />and resulting recession and workers unemployed when the pandemic began who saw further <br />deterioration of their economic prospects due to the pandemic. <br />Public Comment: Commenters generally supported the inclusion of this enumerated <br />eligible use. One commenter recommended including assistance for underemployed workers <br />who took jobs due to the pandemic that did not fully utilize their skillset or did not provide the <br />hours, wages, or job quality desired. Treasury has also received recipient questions on whether <br />job fairs or grants to businesses to hire underserved workers are eligible uses under this category. <br />Another commenter recommended flexibility in eligible workforce development programs, <br />arguing that rural areas may face particular challenges. <br />Treasury Response: Treasury is maintaining this eligible use in the final rule, including <br />the enumerated eligible services in the interim final rule and subsequent guidance. Treasury is <br />also confirming that job fairs or grants to businesses to hire underserved workers are eligible <br />uses under this section. <br />Treasury is also enumerating that job and workforce training centers are eligible capital <br />expenditures, so long as they adhere to the standards and presumptions detailed in the section <br />Capital Expenditures in General Provisions: Other. <br />The final rule maintains the definition of eligible beneficiaries, which is aligned with the <br />Bureau of Labor Statistics' definitions of unemployed workers and other labor underutilization, <br />17h Bureau of Labor Statistics, Labor Force Statistics from the Current Population Survey: Concepts and Definitions, <br />https://www.bls.gov/cps/definitions.htm (last visited November 9, 2021). <br />177 Id. <br />117 <br />
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