are described in clause (i)(II) (in any other case), is equal to or greater than 0.5 percent of the employed population of the metropolitan statistical area (as determined by the Secretary), and (iii) where a loss of employment satisfying the requirements applicable to such notice under clauses (i) and (ii) actually occurs, (B) a nominated area which the Secretary, in consultation with the Secretaries of Labor and Commerce, determines has been or will be seriously impacted by changes in trade through loss of employment (directly or indirectly), taking into account the number of individuals certified as eligible to apply for trade adjustment assistance under chapter 2 of title II of the Trade Act of 1974 or who are receiving benefits under such chapter, or (C) a nominated area which satisfies not less than two of the conditions described in paragraph (2). (2) Conditions described The conditions described in this subparagraph are the following: (A) The area is designated by the governor of the State as an energy-transitioning community. (B) The area, at the time of nomination— (i) has a composite index value, as determined by the Appalachian Regional Commission, among the lowest 10 percent of counties in the State, (ii) is a low-income community (as defined in section 45D(e)), or (iii) has an unemployment rate which is 8 percent or greater, or which is 6.5 percent or greater and is equal to or greater than 125 percent of the average unemployment rate of the State. (C) Tax revenues collected in the area decreased, not due to any changes in tax law or policy, by at least— (i) 7 percent as compared to the preceding year, or (ii) an average of 10 percent over the preceding 3 years. (D) The number of business establishments in the area decreased significantly during the preceding year or on average during the preceding 3 years, as determined by the Secretary. (E) The area is among the 10 percent of counties nationally which have experienced the largest increases in unemployment and the largest decreases in