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Employee Benefits

Commerce Department to require childcare benefits for semiconductor bids

March 01, 2023 Reprints

The U.S. Commerce Department plans to ask companies seeking at least $150 million in funding from a $52 billion semiconductor law to submit a plan for how they will provide affordable childcare benefits for their workers, Reuters reports. Commerce cited data that a lack of affordable and accessible childcare "is one of the largest constraints keeping Americans – and especially women" – out of the labor workforce.

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Commerce Department to require childcare benefits for semiconductor bids

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