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US issues new childcare guidance for semiconductor chip subsidy program | – #issues #childcare #guidance #semiconductor #chip #subsidy #program

WASHINGTON, March 27 (Reuters) – On Monday Biden administration USA52 in billion dollars High quality at an affordable price for companies seeking great rewards for their semiconductor manufacturing and research program child will publish new guidance explaining how they should provide care.

Department of Commerce 39 billion plans to begin accepting applications for the dollar production subsidy program at the end of June. Law also 24 billion dollars creates a 25% investment tax credit for the construction of chip factories worth

A workforce guidance document seen by Reuters said the Commerce Department “does not require or expect applicants to provide free care,” but added that those seeking funding should “seriously consider paying for care to make it affordable for low- and moderate-level services.” . income households”.

Project related to departmental construction projects under management labour strongly encourages the use of contracts, and applicants who do not commit to using a contract “will be required to submit workforce continuity plans and demonstrate that they have taken other measures to mitigate the risk of” delays in project delivery.”

Contracts are collective agreements between construction unions and contractors.

The document states that workforce development plans “must include specific commitments to proactively engage and mobilize employers and employees to be competitive. labour the right offer efforts to train and recruit for good jobs, including programs to expand employment opportunities for the economically disadvantaged offer by doing” should reflect the details.

“Unless more American workers have the opportunity to enter these jobs, we will not be able to create the semiconductor workforce we need,” Commerce Secretary Gina Raimondo said in a statement accompanying the guidance.

Some Republicans, including the terms of the Commerce Department child they criticized the maintenance requirements.

Last month, the department said it would require companies to share excess profits in some cases.

Semiconductor companies already have more than 40 new projects to increase local production, including 20They announced private investments close to 0 billion dollars.

Reporting by David Shepardson; Edited by Mark Porter

Our standards: Thomson Reuters Trust Principles.

2023-03-28 07:32:47
Source – reuters

Translation“24 HOURS”

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