fbpx

President Trump’s administration says it has pumped more than $300 million into apprenticeship programs.

allocated more than The Trump administration says it has allocated $300 million toward apprenticeships in 2019.

President Donald Trump has proclaimed Nov. 11-Nov. 17 to be 2019’s National Apprenticeship Week.

“Encouraging the creation and expansion of apprenticeships is a cornerstone of my commitment to helping improve employment prospects for students and workers,” the president said in a statement, adding that his administration has allocated more than $300 million toward apprenticeships in 2019, which helped 240,000 new apprentices get hired through 3,300 new programs.

“We awarded nearly $184 million to the Scaling Apprenticeship Through Sector-Based Strategies grant program to encourage private-public partnerships in high-growth industries, including information technology, advanced manufacturing, and healthcare,” according to the statement. “We have also invested $160 million to expand the number of apprentices in Registered Apprenticeship programs nationwide, helping to increase the number and diversity of apprentices in every state.”

Related: How companies are putting ex-offenders back to work

Through workplace and classroom education, apprentices gain valuable knowledge and credentials, drastically improving their future career trajectory, according to the White House statement, which added that “apprenticeship programs enable Americans to simultaneously earn and learn while avoiding burdensome student loans.”

To date, the statement notes that more than 360 companies have committed to investing in over 14 million students and workers through the administration’s “Pledge to America’s Workers” program. Trump said his administration is also developing standards for industry-recognized apprenticeship programs, “which will assist workers in obtaining the knowledge they need to secure family-sustaining careers by taking advantage of high-quality, demand-driven opportunities.”

Web Editor Michael J. O’Brien has been with HRE for more than a decade and holds a degree in economics from Boston College. He can be reached at [email protected]

Syndication Source