U.S. Department of Commerce Announces $25 Million for Workforce Development Programs
The U.S. Department of Commerce’s Economic Development Administration (EDA) recently announced an additional $25 million in funding for the Good Jobs Challenge program. This initiative aims to support regional workforce training systems and establish partnerships that train and place workers in good-paying jobs. The program, which has already trained and placed over 12,000 American workers, will now expand to 35 states and one territory, with a goal of placing 53,000 workers into jobs.
This announcement is a reminder of the importance of tapping into workforce development opportunities, especially for the lumber and building materials (LBM) industry. With the average age of workers in the LBM industry exceeding 40, our workforce is aging, and it’s critical to keep workforce development front and center. Programs like the Good Jobs Challenge are examples of the types of initiatives we need to pursue to ensure we have the skilled talent required to sustain and grow our industry.
As we look ahead, we will be working with the Northeastern Retail Lumber Association (NRLA) and the Construction Suppliers Association (CSA) to identify programs and funding we can access to improve our already well-established educational programs.
Investing in workforce development not only benefits individual businesses but also strengthens the industry as a whole by creating a sustainable pipeline of skilled workers. ABMA remains committed to advocating for policies and programs that support these efforts and help attract the next generation to the LBM industry.
Key Cabinet Confirmation Hearings Still Pending
Lori Chavez-DeRemer (R-OR), Secretary of Labor
Congresswoman Chavez-DeRemer from Oregon is a well-regarded member of Congress and is expected to face a relatively smooth confirmation process, particularly in contrast to some of the contentious exchanges seen in other hearings this week.
Howard Lutnick, Secretary of Commerce
Howard Lutnick, CEO of Cantor Fitzgerald, is anticipated to play a pivotal role in shaping deregulation and tariff policy if confirmed.
