(1) Subject to the requirements of this section, training benefits are available to an individual who has exhausted all rights to regular unemployment compensation benefits and who is attending an approved worker training program.
(2) An unemployed individual who is participating and making satisfactory progress in a state-approved training program or a job training program authorized by the Workforce Innovation and Opportunity Act that is necessary for the individual's reemployment is eligible to receive training benefits if, as determined by the department:
(a) the individual was:
(i) separated from a declining occupation; or
(ii) involuntarily and indefinitely separated from employment as a result of a permanent reduction of operations at the individual's place of employment;
(b) the training enhances the individual's marketable skills and earning power; and
(c) the training is targeted to those industries or skills that are in demand within the labor market.
(3) Benefits must be paid under this section at the individual's average weekly benefit amount during the applicable benefit year and under the same terms and conditions as regular benefits.
(4) Benefits are payable under this section only for weeks during which the individual is attending an approved training program.
(5) An employer's account may not be charged for payment of benefits to an individual under this section.