This Labor Day, we honor American workers and celebrate the strength and diversity of our nation’s workforce. The Biden-Harris Administration is committed to ensuring that all workers—including women, people of color, veterans, and those that have been historically left behind—have equitable access to job opportunities and are equipped with the skills needed to secure good-paying jobs. Thanks to...

U.S. Department of Commerce Outlines $1.6 Billion in Proposed Funding to Support Multiple Projects in Texas and Utah to Increase Production of Chips Vital for U.S. Economic and National Security Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Texas Instruments (TI) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $1.6...

Two years ago today, President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in funding to bring semiconductor supply chains back to the U.S, create jobs, support American innovation, and protect our national security. To date, the Commerce Department has announced over $30 billion in proposed CHIPS private sector investments spanning 23...

Today, the U.S. Department of Commerce announced it will hold, with the Council on Foreign Relations, a Supply Chain Summit in Washington, D.C. on September 10, 2024. The Supply Chain Summit will explore efforts taken by government and industry to shift from reacting to global supply chain disruptions to proactively strengthening supply chain resilience. The Summit will gather leaders from...

A collaborative agreement for use of NOAA satellites will help the Interior and Agriculture Departments detect wildfires early, track wildfires in real time, and provide data for public safety and air quality modeling The Biden-Harris Administration today announced it is taking additional steps to safeguard western communities in the face of increasingly dangerous and intense wildland fires by...

Today, U.S. Secretary of Commerce Gina Raimondo and EU Commissioner for Justice and Consumers Didier Reynders made the following statement regarding the first periodic review of the EU-U.S. Data Privacy Framework: Representatives from the United States Government, the European Commission, and EU data protection authorities are meeting in Washington D.C. on July 18 and 19 to conduct the first...

Rising Wages and Historic Small Business Growth Add to Strong American Economy The Labor Department’s Bureau of Labor Statistics reported that consumer prices dropped 0.1% in June, with core inflation being the lowest in more than three years. In addition, BLS reported that the U.S. economy added 206,000 jobs in June, exceeding expectations. In total, a record 15.7 million jobs have been created...

As evidenced by record high jobs and low unemployment, President Biden has placed an important emphasis on creating good quality and high-paying jobs for all Americans. And thanks to funding from the historic CHIPS and Science Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act, construction jobs are in high demand. To fill these jobs, Commerce Secretary Gina Raimondo continues...