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The New York State Trade Adjustment Assistance Center (NYS
TAAC) provides assistance on a cost share basis under the Trade Adjustment
Assistance for Firms (TAA) program sponsored by the U.S. Department of Commerce.
To become certified as eligible for the TAA program, companies must meet the
criteria shown below for employment, sales, and the effects of imports.
Employment
•
A 5% decline in average employment in the most recent 12 month
period
compared
with the same period last year.
or
•
A 5% interim decline in average employment in the most recent 6
month
period
compared with the same 6 month period in the prior year.
Sales
•
A 5% decline in total sales or production in the most recent 12
month
period
compared with the same 12 month period in the prior year.
or
•
A decline in sales or production of a product that accounted for not
less
than
25% of total sales of the firm during the 12 month period preceding
the
most recent 12 month period.
or
•
A 5% interim decline in sales or production for the most recent
6
month
period compared with the same 6 month period in the prior year.
Effects of Imports
•
Increases of imports have attributed to at least 5% of the loss of
sales
in
the most recent 12 month period or 6 month interim period and
demonstrated
by:
–
Customers reducing their purchases in favor of imported products.
or
–
Quotations or bids that were lost in favor of imported products. |