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As employers face labor shortages, Biden administration rolls out playbook for training workers, ETHRWorld


hr.economictimes.indiatimes.com | www.ETHRWorld.com

<p>As part of the 2021 pandemic rescue package, state and local governments have committed $11 billion to worker training</p>
As part of the 2021 pandemic rescue package, state and local governments have committed $11 billion to worker training

WASHINGTON : The Biden administration on Friday is expected to release a playbook on best practices for training workers as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs.

Worker shortages have been a frustration for some employers, who upped their investments in new factories and construction projects after President Joe Biden signed into law funding for infrastructure, computer chips and a shift toward renewable energy sources. Finding employees to replace retirees also has become a challenge.

As part of the 2021 pandemic rescue package, state and local governments have committed $11 billion to worker training. The money must be spent by the end of 2026 and the administration is trying to ensure the investments pay off as promised.

“This is a chance to make a once-in-a-generation investment in the skills and well-being of workers in your communities – an investment that will reap benefits well beyond pandemic recovery,” Treasury Department official Veronica Soto says in draft remarks obtained by The Associated Press.

The eight-page playbook being issued in conjunction with the remarks details possible models that the administration believes state and local governments can follow.

The document encourages them…


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