Lori Chavez-DeRemer on Rescinding DEI Practices and Boosting American Workforce
Forbes Breaking NewsDecember 7, 20255 min980 views
10 connectionsΒ·15 entities in this videoβRebuilding the American Workforce
- π― The Department of Labor, under this administration, has focused on making the American dream a reality for the American workforce, creating over 2 million jobs for native-born workers.
- π Initiatives like 'Make America Skilled Again' and an intentional apprenticeship program aim to train workers for trades crucial to onshoring and reshoring efforts.
- π οΈ There's a significant need for skilled tradespeople, with 700,000 new jobs projected for electricians, construction workers, and machinists.
AI Infrastructure and Business Support
- π‘ The department is investing $86 million in AI infrastructure and jobs to ensure the workforce is proficient and literate in AI, aiming to maintain leadership in the AI race.
- π€ The Department of Labor is acting as an ally to businesses, contrasting with the previous administration's adversarial approach.
- π Efforts are underway to lower healthcare costs through expanded transparency and make pricing more affordable for employers.
Promoting Retirement Security and Worker Protection
- π° Guidance restricting crypto in retirement investments has been rescinded, alongside a supplemental statement discouraging fiduciaries from considering alternative assets for 401ks.
- π« Over 200 investigations have been launched into companies abusing or fraudulently misusing cheap foreign labor at the expense of American workers.
- β Discriminatory DEI practices have been rescinded, saving American businesses nearly $1 billion in compliance costs.
Mission for the Future
- β¨ The core mission is to continue skilling the American workforce faster and more efficiently to help Americans realize the American dream.
- π There is a deep honor in serving this administration and speaking to American workers who believe in the American dream and take pride in their skilled labor.
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Whatβs Discussed
Department of LaborDEI PracticesAmerican WorkforceApprenticeship ProgramsSkilled TradesOnshoringReshoringAI InfrastructureAI RaceBusiness AllyHealthcare CostsRetirement InvestmentsForeign LaborAmerican Worker ProtectionCompliance Costs
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