Trade Adjustment Assistance Equity for Service Workers Act of 2005 - Amends the Trade Act of 1974 to extend trade adjustment assistance (TAA) to workers in a service sector firm or its subdivision or public agency.
Revises group eligibility requirements for TAA to include: (1) a shift, by a public agency to a foreign country, of production of articles or in provision of services, like or directly competitive with articles which are produced, or services which are provided by the workers' firm, subdivision, or public agency; and (2) the situation where the workers' firm, subdivision, or public agency obtains or is likely to obtain such services from a foreign country.
Requires the Secretary of Labor to certify as eligible to apply for TAA any adversely affected secondary workers in a service sector firm or its subdivision or public agency.
Specifies criteria for determination of the existence of increased imports of like or directly competitive articles or services.
Increases from $220 million to $440 million the amount of fiscal year payments for training of adversely affected workers under the Act.
Authorizes the Secretary of Labor to provide technical assistance for the establishment of industrywide programs for new service development.
Modifies the trade monitoring system to include imports of services.