• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

June 1, 2025

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, June 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    ‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

    June 1, 2025

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Biden Says Infrastructure Bill Will Drive Job Growth. There’s Just One Problem
Business

Biden Says Infrastructure Bill Will Drive Job Growth. There’s Just One Problem

August 21, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
President Biden Delivers Remarks In Salt Lake City On The First Anniversary Of The PACT Act
Share
Facebook Twitter LinkedIn Pinterest Email

President Joe Biden routinely touts the jobs “boom” that he thinks the bipartisan infrastructure law will drive, but the industries set to build the projects the bill will fund are currently having difficulty finding enough workers to actually do so, according to NBC News.

The administration is beginning to shell out nearly $550 billion unlocked by the infrastructure package to subsidize upgrades to America’s ports, roadways, bridges, internet access and more, in many cases with a focus on climate change, according to the White House. While the administration expects the bill to drive the creation of millions of jobs in the coming decade, an apparent lack of blue-collar workers and rising supply costs could hamper projects that the administration has touted as signature achievements of its tenure, NBC News reported.

“I also want to be clear: We are in this to win,” Biden said during a January 2022 speech about the bill in South Carolina. “And, you know, there is — there is a lot of work underway. And it’s going to create a whole lot of jobs.” (RELATED: Dem Rep Tells Reporter She ‘Championed’ Infrastructure Bill Despite Voting Against It)

BIDEN: “We fell to thirt- rated 13th best – eh uh uhm investment in infrastructure.” pic.twitter.com/ob9udBCJy9

— Daily Caller (@DailyCaller) June 28, 2023

“Combined with the President’s Build Back Framework, it will add on average 1.5 million jobs per year for the next 10 years,” the White House said of the bipartisan infrastructure law in November 2021.

The deluge of federal funds are beginning to enter the market as many firms have difficulty finding laborers, especially in some fields that will be crucial for completing subsidized infrastructure projects, such as electricians, welders and broadband internet specialists. There could be a construction worker shortage for 500,000 jobs this year, according to projections by the Association of Builders and Contractors (ABC), a trade association representing the construction industry.

See also  Arm's full-year revenue fell 1% ahead of IPO - source

The unemployment rate remains relatively low, hovering around 3.5%, but that figure only takes into account Americans who are looking for work, and leaves out the nearly 2 million American who have dropped out of the workforce since February 2020, according to the U.S. Chamber of Commerce.

The construction labor shortfall, a years-long trend, is largely attributable to older workers retiring without new workers coming into the trades as replacements, suggested Ben Brubeck, ABC’s vice president of regulatory, labor and state affairs, according to NBC News.

Competition in the labor market between private and public projects may end up delaying projects, as there are only so many workers available to reap higher wages, and supply costs are up by about 40% relative to pre-pandemic times, Brubeck said, according to NBC News.

“There’s a lot of concern that taxpayers aren’t really getting the best bargain for their investments,” Brubeck added, according to NBC News. “There are going to be some serious delays, I think, because there won’t be enough labor in certain markets.”

Some states, such as Ohio, are rolling out job training programs for soon-to-be-released convicts so that they can fill some of the positions once released, NBC News reported.

“There’s a real math problem of where do these workers come from,” Mike Bartlett, program manager for postsecondary and workforce success at the National League of Cities, said, according to NBC News.

The White House did not respond immediately to a request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

See also  Tech Giant To Pay Millions To Settle Claims It Discriminated Against American Citizens

Biden Bill Drive growth Infrastructure Job Problem
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

June 1, 2025

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

NY Professors Say Earth Day Should Be a ‘Religious Holiday’ in Time Magazine Op-Ed

April 27, 2023

WNBA Team Declines Former NBA Star Nick Young’s Request to be Drafted as League’s First ‘Juwanna Mann’

April 15, 2023

Victor Reacts: DISGUSTING! Transgenders Stand Naked In Front of Children on TV! (VIDEO) | The Gateway Pundit

September 27, 2023

Apple moves to defuse French iPhone 12 dispute as EU scrutiny steps up

September 15, 2023
Don't Miss

‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

Business June 1, 2025

Secretary of Commerce Howard Lutnick told “Fox News Sunday” host Shannon Bream that the Trump…

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,137)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Johnson & Johnson Letting Nonprofit Distribute Life-Saving Generic Tuberculosis Drug—Greatly Expanding Access In Poorer Countries

July 16, 2023

Elon Musk Criticizes Threads Rate Limits as ‘Oppressive’ Just Weeks After Adding Them to Twitter

July 19, 2023

HSBC shareholders to vote on spinoff proposal at annual meeting

May 5, 2023
Popular Posts

‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

June 1, 2025

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.