Define: Adjustment Assistance

Adjustment Assistance
Adjustment Assistance
What is the dictionary definition of Adjustment Assistance?
Dictionary Definition of Adjustment Assistance

Adjustment Assistance refers to a range of programs and support services provided by governments or organisations to help individuals or communities cope with the negative impacts of economic changes, such as job loss or industry restructuring. The aim of adjustment assistance is to facilitate the transition and reintegration of affected individuals into new employment opportunities or industries. This assistance may include job training, retraining, career counseling, financial aid, relocation support, and other resources designed to help individuals adapt to changing economic circumstances and regain their economic stability.

Full Definition Of Adjustment Assistance

Adjustment Assistance refers to a set of programs and benefits provided by the government to help workers who have been adversely affected by international trade. These programs aim to assist workers in finding new employment opportunities and retraining them for different occupations. Adjustment Assistance may include job search and placement services, income support, and training programs. The purpose of Adjustment Assistance is to mitigate the negative impact of trade on workers and facilitate their transition into new industries or occupations.

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This glossary post was last updated: 29th March 2024.

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