Within the limits of its grant, an employment assistance and training entity receiving a grant under AS 23.15.620 - 23.15.660 shall provide services set out in AS 23.15.641 to state residents who, immediately before beginning training or receiving benefits under a grant financed by this program,
(1) are unemployed and
(A) are receiving unemployment insurance benefits; or
(B) have exhausted the right to unemployment insurance benefits within the past three years; or
(2) are employed, but liable to be displaced because of
(A) reductions in overall employment within a business;
(B) elimination of the worker's current job; or
(C) a change in conditions of employment requiring that, to remain employed, the employee must learn substantially different skills that the employee does not now possess.