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Commerce Secretary Gina Raimondo Hosts Launch of HBCU CHIPS Network to Build a Skilled and Diverse Workforce in Producing Semiconductors

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Network Expected to Provide Access and Opportunity for Black Americans Coinciding with Black History Month, Commerce Secretary Gina Raimondo hosted the launch of the HBCU CHIPS Network yesterday, a collaboration between several Historically Black Colleges and Universities (HBCUs) and the Georgia Institute of Technology. This collaboration will help coordinate the resources of these colleges and...

By the Numbers: U.S. Economy Adds Over 350,000 Jobs in January Exceeding Expectations

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Hiring Increases Due to Rise in Consumer Confidence and Spending Kicking off 2024, the U.S. Labor Department’s Bureau of Labor Statistics reported last week that the U.S. economy added over 350,000 jobs in January – far exceeding expectations. The unemployment rate was 3.7 percent for the third month in a row coming in below 4% for two straight years – the longest such streak since the 1960s. In...

Commerce’s Bureau of Economic Analysis Reports Outdoor Recreation Economy Tops $1 Trillion in 2022

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Travel and Tourism Leads by Industry, Reflecting Growth in Spending on Transportation, Hotels, and Restaurants People are getting out more and outdoor recreation continues to drive America’s economy. According to last month’s report from the Commerce Department’s U.S. Bureau of Economic Analysis (BEA), the outdoor recreation economy topped $1 trillion for the first time with significant growth in...

Creating a Talented Pipeline of Workers through Apprenticeships and Career Pathways Programs

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Earlier this week, Commerce Secretary Gina Raimondo gave virtual remarks at a National Apprenticeship Week event hosted by Metaverse where she underlined the Biden Administration’s commitment to America’s workforce by creating direct pathways to good-paying jobs. “Thanks to President Biden’s Investing in America agenda, the federal government is investing more than a trillion dollars in...

Veterans are Vital to Our Nation’s Success

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In honor of Veterans Day, the Department of Commerce hosted an event to honor the more than 5,000 veteran employees, their family members, and those who have sacrificed their lives in the line of duty. The event also showcased the Department’s commitment to recruiting and hiring more veterans to the Commerce workforce. During the event, Commerce Secretary Gina Raimondo and Deputy Secretary Don...

Minority Businesses Help Drive America’s Economic Success

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Minority entrepreneurs make critical contributions to our economy generating nearly $2 trillion in revenue each year. However, an equity gap remains between minority and non-minority-owned businesses. Last week, Deputy Commerce Secretary Don Graves spoke about the need to close this equity gap at the 40 th Annual Minority Enterprise Development (MED) Week . Hosted by Commerce’s Minority Business...

Unlocking the Full Potential of Our Economy by Investing in Women and Girls

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Eleven years ago today, the United States joined nations around the world in establishing the International Day of the Girl to acknowledge the struggles facing young girls and strengthen their commitment to expanding resources and opportunities to help girls and women succeed and thrive. Today, First Lady Jill Biden hosted an event to honor 15 girls in the U.S. who are leading change by tackling...

Training a World-Leading and Diverse Manufacturing Workforce

Blog
President Biden is committed to revitalizing American manufacturing and innovation, particularly in the manufacturing of semiconductors or chips. A skilled and diverse pipeline of workers is critical to building a sustainable domestic semiconductor industry. The skilled workers who will fill these jobs have never been in higher demand, and the United States is poised to expand and strengthen the...