DEFINITION of 'Employment And Training Administration - ETA'

A federal agency that operates under the U.S. Department of Labor. The agency's responsibilities include monitoring and administering information to the U.S. labor market. It is focused on employee development and training, increasing employment opportunities and helping manage local and state unemployment insurance.

BREAKING DOWN 'Employment And Training Administration - ETA'

The ETA is by far the most important agency in helping individuals find and retain meaningful work in the United States. Currently, the system is focused on providing employment for the country's highest growing and newest industries. Such a system requires a large investment in education and training for individuals just out of high school. Subsequently, for 2006 the agency was appropriated a budget of $10.63 billion to implement this system and other initiatives.

RELATED TERMS
  1. Electronic Transfer Account - ETA

    A bank account for federal payment recipients who do not have ...
  2. Department Of Labor (DOL)

    The Department of Labor is a U.S government cabinet body responsible ...
  3. Employment Agency Fees

    An employment agency works to match employers with suitable employees. ...
  4. Combination Agency

    A type of agency which combines segments that are normally separate. ...
  5. Administrative Charge

    A fee charged by an insurer or other agency responsible for administering ...
  6. Employment Situation Report

    A monthly report compiling a set of surveys in an attempt to ...
Related Articles
  1. Taxes

    6 Reasons to Use a Household Help Agency

    It's not just because they find you well-qualified workers. Agencies spare you the paperwork and taxes required when you hire on your own.
  2. Insights

    How Education And Training Affect The Economy

    Education and training benefit not only the worker, but also the employer and the country as a whole.
  3. Trading

    Financial Regulators: Who They Are And What They Do

    Find out how these government agencies govern the financial markets.
  4. Personal Finance

    How Education And Training Affect The Economy

    Economically successful countries hold competitive advantages over other economies in the global marketplace. Education and training are big reasons why.
  5. Small Business

    Hiring? Regulations Small Businesses Need to Know

    When a small business becomes an employer, it has new responsibilities. Make sure you familiarize yourself with regulatory requirements.
  6. Personal Finance

    Understanding the Unemployment Rate

    The unemployment rate is the percentage of people in the labor force who are unemployed but seeking a job.
  7. Financial Advisor

    How Labor Force Participation Rate Affects U.S. Unemployment

    While a falling unemployment rate sounds like a good thing, it can actually be indicative of people leaving the labor force because they can't find a job.
  8. Insights

    Leading Economic Indicators: U.S. Bureau of Labor Monthly Stats

    The Bureau of Labor Statistics' monthly employment figures are a key economic indicator. Here's how they work.
  9. Investing

    Agency Bonds: Limited Risk And Higher Return

    Discover these safe alternatives to Treasury bonds.
  10. Personal Finance

    America’s Labor Market: Hidden Distortions and Uncertain Forecasts

    Employment reports released by the Bureau of Labor Statistics have a profound impact on political, business, consumer, and investor behavior.
RELATED FAQS
  1. What are some of the major regulatory agencies responsible for overseeing financial ...

    Discover the specific responsibilities of some of the major regulatory agencies that oversee financial institutions in the ... Read Answer >>
  2. Why some insurance policies are more expensive than others?

    There are several reasons that an insurance policy can cost more or less at different agencies. Some of the more common reasons ... Read Answer >>
  3. What does the Bureau of Labor Statistics do?

    By collecting, analyzing and reporting on important economic data, the Bureau of Labor Statistics has become a critical information ... Read Answer >>
  4. How does the U.S. Bureau of Labor Statistics calculate the unemployment rate published ...

    Understand the process used by the U.S. Bureau of Labor Statistics to determine the official unemployment rate for the United ... Read Answer >>
  5. How does the Bureau of Labor Statistics determine the unemployment rate?

    Learn how estimates of the unemployment rate are made based on monthly surveys of American households that are conducted ... Read Answer >>
  6. How do modern corporations deal with agency problems?

    Learn about ways that capitalist investment markets regulate the principal-agent problems that arise with corporate management ... Read Answer >>
Hot Definitions
  1. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  2. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  3. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  4. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  5. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  6. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
Trading Center