New action combines two pillars of Bidenomics by ensuring that infrastructure investments in America lead to good-paying, family-sustaining jobs.
Today, Vice President Kamala Harris is announcing that the Labor Department (DOL) will publish a rule that advances the Administration’s economic vision to build the economy from the bottom up and middle out – not the top down – by ensuring investments in America lead to jobs where construction workers are paid fairly, including the 84% of who don’t have a college degree. The rule, which advances President Biden’s Executive Order 14008, will mean thousands of extra dollars per year in workers’ pockets to help put a down payment on a home, save for retirement, or simply have more breathing room.
Vice President Harris, Chair of the White House Task Force on Worker Organizing and Empowerment, is making the announcement in Philadelphia, Pennsylvania alongside Acting Secretary of Labor Julie Su.
The rule will raise wage standards of construction workers by updating prevailing wage regulations issued under the Davis-Bacon and Related Acts, which require payment of locally prevailing wages and fringe benefits to more than one million construction workers delivering $200 billion of federally funded or assisted construction projects. These numbers will continue to grow given that nearly all of the significant construction programs contained in President Biden’s Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction...
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