What is the purpose of the Davis-Bacon Act in labor law?

The Davis-Bacon Act is an important piece of labor law in Washington and the United States more broadly. It is a federal law that requires contractors and subcontractors performing work on federally-funded or federally-assisted construction projects to pay their laborers a "prevailing wage," which is the local wage rate paid to the majority of workers in similar occupations in the area. By doing this, the Act helps ensure that all workers on federally-funded projects are paid fairly and competitively. The Act was signed into law by President Herbert Hoover in 1931 in an effort to protect the wages of construction workers and prevent contractors from undercutting the existing wages being paid in the area. The Act also helps to ensure that local employers have a more level playing field when competing for government contracts, since they all must abide by the Act’s prevailing wage rate. The Davis-Bacon Act is an important piece of labor law that helps workers in Washington and across the United States get paid fair and competitive wages, which helps promote the overall stability of the economy. It has been widely praised by economists and labor unions for helping to protect workers from exploitation and ensuring that all workers, regardless of their skills or experience, are paid competitively.

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What is the purpose of the Davis-Bacon Act in labor law?

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