The Largest Apprenticeship Investment in U.S. History

Today’s post was shared by US Labor Department and comes from blog.dol.gov

Secretary Perez, right, meets with LeDaya Epps, center, and James Martinez, both apprentices at the Crenshaw/LAX light rail line project office and construction site.
Secretary Perez, right, meets with LeDaya Epps, center, and James Martinez, both apprentices at the Crenshaw/LAX light rail line project office and construction site.

Since Day One, the Obama administration has been focused on building a training and workforce system that serves job seekers and job creators alike. We’re empowering people with the tools to punch their ticket to the middle class, while giving employers a pipeline of skilled workers so they can grow and compete in the 21-century economy.

That’s why we’re doubling down on apprenticeship, a tried and true, earn-while-you-learn model. Every business I visit that has an apprenticeship program swears by it. They talk about the incredible return on investment: greater worker productivity, higher retention rates, reduced injuries and improved morale they see from their apprentices.

And for the themselves, the benefits are undeniable. The average starting salary upon graduation is $50,000. An apprentice will earn an average of $300,000 more in wages and benefits over his or her career than peers who haven’t apprenticed. Apprenticeship offers a smooth pathway to the middle class and to a college degree for those who wish to continue their education and training. I like to call it the other college – without the debt.

President Obama has made it clear that apprenticeships are critical to the strength of our workforce and our economy. Today, at Macomb Community College in Michigan, he announced…

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