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. (1) are unemployed and

   1. (A) are receiving unemployment insurance benefits; or
   2. (B) have exhausted the right to unemployment insurance benefits within the past three years; or

2. (2) are employed, but liable to be displaced because of

   1. (A) reductions in overall employment within a business;
   2. (B) elimination of the worker's current job; or
   3. (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.