Employment and Economic Growth Act

[AI summary unavailable — showing source text] Employment and Economic Growth Act - Directs the Secretary of Labor (the Secretary) to make grants to States and service delivery areas (SDAs) to assist local job projects. Requires that 90 percent of appropriations for this Act for each fiscal year be allotted to States for allocation to SDAs on the basis of: (1) relative number of unemployed individuals residing in areas of substantial unemployment within each SDA; and (2) relative number of economically disadvantaged individuals within areas of substantial poverty in each SDA. Requires that the remaining ten percent of appropriations be distributed by the Secretary on a competitive basis to SDAs experiencing long-term or high unemployment or poverty. Requires expenditure of the following minimum portions of each SDA allocation: (1) at least 70 percent for employment projects, including wages and benefits, for individuals employed in public service or public works jobs; and (2) at least 15 percent for employment benefits. Limits the maximum portion of such allocation which may be expended for: (1) on-the-job training contracts to 25 percent; (2) supplies, tools, and equipment to ten percent; (3) administration, intake, and assess…