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Dislocated Worker

Resources › Knowledge › Terms › Dislocated Worker

What is a Dislocated Worker?

A Dislocated Worker is someone that has been laid off for a variety of reasons. The 1998 Workforce Investment Act in the United States defined it as:

  • A person who’s been fired or laid off, or has received notification of their termination from employment.
  • A person that is entitled to unemployment compensation, and they are considered unlikely to return to their job.
  • A person who has been fired or laid off from their job due to the closure of a facility or business.
  • A person who was previously self-employed and is now unemployed due to general economic conditions in the area they live/work or due to natural disasters.

Learn about Dislocated Worker grants: https://www.doleta.gov/DWGs/

Additional Resources

CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore:

 

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