March 7, 2024

Prevailing Wages and U.S. Industrial Policy: Conflicting or Complementary Ends?

Internal Employment Lawyer
Timothy Taylor | Mary Kate Nicholson

Labor and employment attorney Timothy Taylor and Tax attorney Mary Kate Nicholson co-authored an article featured in International Employment Lawyer examining the United States' renewed centralized industrial strategy. This strategy focuses on domestic sourcing for defense and transitioning to low-carbon energy, supported by recent legislation with financial incentives for alignment with federal goals. However, the incorporation of prevailing wage requirements brings about challenges, including increased costs and compliance complexity, raising questions about how these measures affect the broader goals of enhancing domestic activity and clean energy adoption.

READ: Prevailing Wages and U.S. industrial policy: Conflicting or Complementary Ends? (Subscription required)

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