Department of Labor announces over $20.4 million to expand apprenticeship opportunities
announced over $20.4 million in contract awards to 14 national industry intermediaries and national equity partners to expand apprenticeship opportunities across the U.S. The contracts will support the growth of apprenticeship programs in various industries, including healthcare, construction, transportation and logistics, manufacturing, and information and communications technology; and support increasing demographic diversity and inclusion in apprenticeship among traditionally underrepresented populations. Since 2014, the U.S. has added almost 115,000 new registered apprenticeships – the largest increase in nearly a decade. “Apprenticeship is a tried and true strategy for employers to build the talent they need to compete and grow and for workers to gain the skills and credentials that put them on the path to quality, middle-class careers,” said U.S. Secretary of Labor Thomas E. Perez. “The funding announced today will help ensure that as we grow apprenticeship in America, all workers – including women, people of color, and people with disabilities – have the opportunity to punch their ticket to the middle-class through apprenticeship.” With 68% of employers reporting challenging recruiting conditions, announcements such as this are welcomed by employees and employers alike. In fact, the U.S. Bureau of Labor Statistics has forecast a decreasing overall labor force where replacement needs will exceed new job growth vacancies in four out of five occupations. Investments in employment are critical in creating and sustainable and productive workforce for future generations.]]>
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