Employment Abundance Act

HR 3893, the Employment Abundance Act, requires federal contractors to review job classifications in their government contracts. Within one year of the law's enactment, contractors must identify positions requiring a bachelor's degree or higher and determine if those requirements are actually necessary for the job. They must then report findings to the Federal Acquisition Regulatory Council, listing positions where degrees aren't needed and proposing alternatives like work experience or skills assessments. Failure to comply could lead to losing future federal contracts.