Knight Investments LLC Support US Department of Labor 10 Million Contribution To Regulatory Programs

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Recently Knight Investments LLC was briefed on new regulatory programs that resulted from US Secretary of Labor Hilda L. Solis' department announcement of a $10 million contribution to target the root causes of exploitative child labor.

In March of this year, as part of President Obama's Latin America trip, U.S. Secretary of Labor Hilda L. Solis, El Salvador first lady Dr. Vanda Pignato and El Salvador Minister of Labor Victoria Marina Velasquez de Aviles launched a project to help the country combat exploitative child labor by targeting its root causes.

Compliance Officials stated that as a result of this, Secretary Solis announced that the U.S. Department of Labor will contribute $10 million over the next four years to support this ambitious initiative.

"We are confident that this project, which we are coordinating with our partners in El Salvador, will have a positive impact on vulnerable children and their families for years to come," said Secretary Solis.

(SOURCE US DEPARTMENT OF LABOR)

Officials of Knight Investments LLC stated that the US government would be making available much opportunities for compliant project principals.

Regulatory Officials stated that the project, developed through close collaboration with the government of El Salvador, will be implemented by the International Labor Organization (ILO).

Officials stated that the ILO would work at national and local levels across the country in "Comunidades Solidarias," - communities that the Salvadoran government has identified as among the most disadvantaged.

Compliance Officials stated that the project will help raise incomes so that families do not need to depend on child labor. Regulatory Officials stated that the project will focus on the entire family, including both parents and children.

In addition officials stated that the project will help provide vocational training, along with child care for preschoolers, quality education for school aged children and job training for youth. Beneficiaries will gain new skills, basic tools, job placement services and technical help to start small businesses. In each municipality, the program will assess the labor market to match skills with opportunities for employment.

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Knight Investments LLC works as a private compliance firm to invest company assets on the behalf of promoting a vibrant community, low income housing, humanitarian causes, renewable energies, real estate developments, and project compliance solutions.