By: Irma Esparza Diggs
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The BBBA framework increases the Department of Labor’s annual spending on workforce development by 50% for the next five years. This is a historic investment that looks to close the gap in federal funding for workforce development that has been cut by nearly 40% over the last two decades. Importantly, the framework increases the maximum Pell Grant by $550 and expands access to the program for Dreamers.
It also invests in the critical training needed to meet local labor market demands by supporting community college programs, sector-based training, and registered apprenticeships. The BBBA framework will allow local workers to invest in the skills needed to access the jobs that will support local economic growth. Congress will need to continue this investment in the coming years to truly address labor market conditions at-scale.
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Always Something: Not Your New Normal!! 