{"id":2985,"date":"2023-09-01T17:40:02","date_gmt":"2023-09-01T17:40:02","guid":{"rendered":"https:\/\/tacdar.com\/news\/?p=2985"},"modified":"2023-09-01T17:40:04","modified_gmt":"2023-09-01T17:40:04","slug":"biden-speaks-on-the-economy-in-rose-garden-ceremony-before-labor-day","status":"publish","type":"post","link":"https:\/\/tacdar.com\/news\/index.php\/2023\/09\/01\/biden-speaks-on-the-economy-in-rose-garden-ceremony-before-labor-day\/","title":{"rendered":"Biden speaks on the economy in Rose Garden ceremony before Labor Day."},"content":{"rendered":"\nngg_shortcode_0_placeholder\n\n\n\n
\"The
FOR IMMEDIATE RELEASE<\/strong>
September 1, 2023
FACT SHEET: Ahead of Labor Day, Biden-Harris Administration Announces New Actions to Empower Workers\u2014 Building on the President’s Historic Support for Workers and Unions<\/strong>
New actions announced this week empower workers to grow the economy from the middle out and the bottom up\u2014a core pillar of Bidenomics<\/em>
President Biden promised to be the most pro-worker and pro-union President in American history, and he has kept that promise. Support for unions is at its highest level in more than half a century, inflation-adjusted income is up 3.5% since the President took office, and the largest wage gains over the last two years have gone to the lowest-paid workers. The unemployment rate is near a 50-year low, and a greater share of working-age people have a job today than at any other time in more than two decades. Under the leadership of the Biden-Harris Administration, all workers\u2014including those who are often left behind in recoveries\u2014are experiencing record-low unemployment rates.\u00a0Under Bidenomics, America is seeing a historic level of public and private investment in manufacturing and new industries that will create good-paying jobs that Americans can raise a family on and build a community around. The President continues to fight to ensure all Americans get fair pay for a hard day\u2019s work and have a free and fair choice to join a union.In advance of Labor Day, the Biden-Harris Administration is announcing new actions this week to empower workers by investing in America\u2019s clean energy workforce, establishing pathways into high-paying and union jobs, demonstrating the benefits of unions, and extending critical wage protections.\u00a0 These actions include:Ensuring Clean Energy Investments Support High-Quality and Union Jobs<\/u><\/strong>Creating good-paying jobs in clean energy. \u00a0The Department of the Treasury and the Internal Revenue Service\u00a0published<\/a>\u00a0a historic proposed rule to support good-paying jobs and workforce development made possible by incentives in the Inflation Reduction Act (IRA).\u00a0 Many of the IRA\u2019s clean energy deployment tax incentives are increased by five times if taxpayers pay workers prevailing wages and use Registered Apprentices. The Notice of Proposed Rulemaking (NPRM) provides clarity about how these incentives work, including penalty and correction provisions for those who fail to meet the requirements, and promotes worker-centric practices. \u00a0The NPRM also encourages the use of qualifying Project Labor Agreements, which guarantee workers good-paying jobs, help construction contractors finish complex projects on time and on budget, and can establish equitable pathways into construction careers.
\u00a0Supporting a fair and just electric vehicle transition.\u00a0 The Department of Energy opened applications for the $2 billion Domestic Manufacturing Conversion Grants program, created by the IRA. The program will provide funding for auto manufacturers transitioning from internal combustion engine vehicles and components to electric vehicles and components. In line with the President\u2019s call for a transition that protects workers, this program will prioritize applications from facilities that are at risk of closing or recently closed and reward applicants that retain existing workers, have strong labor partnerships, pay high wages, and convert facilities while remaining in the same community.\u00a0 The Department of Energy Loan Programs Office is also facilitating access to $10 billion in capital for auto factory conversions.\u00a0 The Office plans to prioritize the review of applications for projects in locations with a long history of auto manufacturing and demonstrate strong workforce practices and labor standards.Strengthening electric vehicle (EV) battery supply chains and supporting high-quality jobs, including for auto workers.\u00a0 The Department of Energy is releasing a second-round Notice of Intent for $3.5 billion for the Battery Manufacturing grant programs under the Bipartisan Infrastructure Law.\u00a0 The program will help expand domestic manufacturing of batteries for electric vehicles and the nation\u2019s grid, as well as for battery materials and components currently imported from other countries.\u00a0 This Notice of Intent outlines the direction for the next phase of the program, which will support communities with experienced auto workers and a history of producing vehicles, applicants with strong workforce practices, and applicants who plan to create high-quality jobs.Demonstrating the Union Advantage<\/u><\/strong>Conducting analysis on how unions benefit the economy.\u00a0\u00a0The Department of the Treasury\u00a0released a first-of-its-kind report<\/a>\u00a0that finds that unions help grow the economy by reducing inequality, raising incomes, increasing savings (including retirement savings), and broadening homeownership. \u00a0According to the report, which was released as part of the White House Task Force on Worker Organizing and Empowerment chaired by Vice President Kamala Harris, union members make higher wages and are more likely to earn critical benefits like retirement, health care, child care, life insurance, and sick leave. \u00a0The report also finds that\u00a0all<\/em>\u00a0workers\u2014even non-union workers and workers who have been laid off\u2014experience gains from greater unionization.Extending Overtime Protections<\/u><\/strong>Proposing new rules that would provide millions of workers with overtime protections.\u00a0 The Department of Labor\u00a0released a proposed rule<\/a>\u00a0to increase the overtime salary threshold from under $36,000 per year to roughly $55,000 per year. \u00a0Under this proposal, more salaried employees making less than $55,000 per year and working more than 40 hours a week would receive at least one and one-half times their regular rates of pay for the overtime hours they work.\u00a0 The proposed rule would extend overtime pay to as many as 3.6 million hardworking Americans.These actions build on historic support for workers and unions since Day One of the Biden-Harris Administration, including:Increasing Wages<\/u><\/strong>Raising wages for construction workers. In August, the Department of Labor (DOL) published a final rule updating the Davis-Bacon Act prevailing wage standards for the first time in nearly 40 years.\u00a0 The rule affects more than one million workers constructing $200 billion in federally funded or assisted projects, who will receive higher wages over time. \u00a0Nearly all of the significant construction programs contained in President Biden\u2019s Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act require or provide strong incentives for the use of Davis-Bacon prevailing wages\u2014which ensures even more workers will benefit from DOL\u2019s new rule.
\u00a0Protecting workers\u2019 pay. \u00a0The Biden-Harris Administration has recovered more than $690 million for more than 440,000 low-paid workers across the nation.\u00a0 The Administration enforces laws that protect these workers from being victims of wage theft and exploitation when they were not paid minimum wages or hard-earned overtime wages, were denied their tips, or were misclassified as independent contractors.Supporting Workers\u2019 Right to Organize<\/u><\/strong>Empowering workers through education.\u00a0 Recently, the Department of Labor relaunched the\u00a0Worker Organizing Resource and Knowledge (WORK) Center<\/a>. \u00a0The WORK Center is the federal government\u2019s premiere online resource center providing information about labor unions and their importance to workers and communities.\u00a0 While more than half of non-union workers say they want a union, only about 10 percent of these workers say they know how to form one.\u00a0 The WORK Center meets the needs of workers who are seeking more information about their labor rights and lack experience in organizing.
\u00a0Disclosing when federal contractors hire union avoidance advisors.\u00a0\u00a0In July, the Department of Labor published a final regulation updating the LM-10 form, a form that employers must file disclosing whether they pay consultants to persuade workers concerning their organizing and collective bargaining rights or to surveil activities of employees and unions involved in labor disputes. The rule newly requires private-sector employers to indicate whether they are federal contractors or subcontractors, promoting transparency for workers and the federal government into whether contractors hire anti-union consultants.\u00a0Expanding Workforce Development<\/u><\/strong>Making historic investment in Registered Apprenticeships.\u00a0\u00a0All Americans should have a pathway to good-paying jobs, which is why the Biden-Harris Administration invested a historic $285 million in Registered Apprenticeships in fiscal year (FY) 2023 and, in July, awarded\u00a0more than $65 million<\/a>\u00a0in grants to 45 states to expand and diversify Registered Apprenticeships in high-demand industries.\u00a0 The Administration also\u00a0launched<\/a>\u00a0the Apprenticeship Ambassadors Initiative to amplify the Registered Apprenticeship model with private- and public-sector employers.
\u00a0Launching Investing in America Workforce Hubs.\u00a0\u00a0<\/strong>In May, the Biden-Harris Administration\u00a0launched<\/a>\u00a0new initiatives to train and connect more workers to the good-paying jobs\u2014including union jobs\u2014created by the President\u2019s Investing in America investments. Through the Workforce Hubs Initiative, the Administration is partnering with local officials, employers, unions, community colleges, and other stakeholders to ensure a diverse and skilled workforce is ready to meet the demand for labor driven by historic public and private investments in five Hubs\u2014Phoenix, Columbus, Baltimore, Augusta, and Pittsburgh.Fostering Equal Employment Opportunities<\/u><\/strong>Increasing access to good construction jobs for underrepresented workers.\u00a0 In March, the Department of Labor\u00a0launched<\/a>\u00a0the Mega Construction Project (Megaproject) Program, initially designating as Megaprojects 12 Bipartisan Infrastructure Law-funded projects across the country. The Megaprojects Program provides free, continuous, on-the-ground assistance to help construction project owners, contractors, and unions ensure equal employment opportunities for underrepresented workers. Also in March, the Department of Labor announced a $20 million cooperative agreement with TradesFutures for the Scaling Apprenticeship Readiness Across the Building Trades Initiative, in partnership with the National Urban League.\u00a0 This first-of-its-kind initiative aims to substantially increase the number of participants from underrepresented populations and underserved communities in Registered Apprenticeship programs in the construction industry.
\u00a0Expanding access to child care and long-term care. In April, President Biden issued an\u00a0Executive Order<\/a>\u00a0with more than 50 actions to increase access to high-quality care and better support caregivers. The Executive Order directs all cabinet-level agencies with federal job-creation funds\u2014including from his Investing in America agenda\u2014to consider requiring or encouraging grantees to use funds for supportive services, including child care and long-term care, to the maximum extent allowable. This action will help ensure underserved workers can enroll in, remain in, and complete training, and transition to good jobs, including union jobs. This builds on the first-of-its-kind requirement that employers seeking significant federal funds under the CHIPS and Science Act provide a concrete plan to help their employees access affordable child care, enabling more parents from local communities to access good-paying jobs.\u00a0 <\/td><\/tr><\/tbody><\/table><\/figure>\n

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FOR IMMEDIATE RELEASESeptember 1, 2023FACT SHEET: Ahead of Labor Day, Biden-Harris Administration Announces New Actions to Empower Workers\u2014 Building on the President’s Historic Support for Workers and UnionsNew actions announced this week empower workers to grow the economy from the middle out and the bottom up\u2014a core pillar of BidenomicsPresident Biden promised to be the […]<\/p>\n","protected":false},"author":1,"featured_media":2995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biden","entry","has-media"],"jetpack_featured_media_url":"https:\/\/tacdar.com\/news\/wp-content\/uploads\/2023\/09\/DSC02082-scaled.jpg?v=1693590104","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/posts\/2985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/comments?post=2985"}],"version-history":[{"count":1,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/posts\/2985\/revisions"}],"predecessor-version":[{"id":2996,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/posts\/2985\/revisions\/2996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/media\/2995"}],"wp:attachment":[{"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/media?parent=2985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/categories?post=2985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tacdar.com\/news\/index.php\/wp-json\/wp\/v2\/tags?post=2985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}