Investing in Tomorrow's Workforce Act of 2023

S 2722 authorizes federal grants to fund demonstration projects that train workers displaced or at risk of displacement due to automation. It targets dislocated workers in industries affected by automation, particularly women, people of color, and low-wage workers, through partnerships with employers, workforce boards, and training providers. The grants support programs like retraining for in-demand tech jobs, upskilling current employees to avoid layoffs, and providing supports like childcare or transportation stipends. Grantees must report on outcomes including job transitions, earnings, and demographic data. The bill also expands existing workforce programs to explicitly include automation-related dislocation as a qualifying factor for training services.