FACT SHEET: Investing $9. Million through Apprenticeship. USA to Expand Proven Pathways into the Middle Class.
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Since the beginning of his Administration, President Obama has focused on creating an economy that works for every American. Under President Obama, our economy has added 1. The jobs available today, and the jobs of the future, are higher- skill jobs that require more education and advanced skills. Job- driven apprenticeships are among the surest pathways to provide American workers from all backgrounds with the skills and knowledge they need to acquire good- paying jobs and grow the economy. In fact, 8. 7 percent of apprentices are employed after completing their programs, with an average starting wage above $5. The return on investment for employers is also impressive — international studies suggest that for every dollar spent on apprenticeship, employers may get an average of $1. As a result, the President has made expanding apprenticeship a priority for his Administration.
Since the President's 2. State of the Union call to action, the U. S. And last year, the President signed into law the first- ever annual funding for apprenticeship in the Fiscal Year 2. President’s budget request. Today, the Department of Labor is announcing the Administration’s latest step to increase access to apprenticeship – using the $9. Apprenticeship. USA to expand apprenticeship in the United States, including: $6. Building on the bipartisan support for apprenticeship, the Department of Labor intends to make multi- year grants and contract awards to winning states, non- profits, workforce intermediaries, and industry associations subject to the availability of funding through the appropriations process using the $9.
FY2. 01. 6 spending bill for the first year of the awards. Investing $6. 0 Million to Support Smart State Strategies to Expand Apprenticeship. Today, the Department of Labor is announcing a first step in investing in state apprenticeship strategies. The Apprenticeship. USA state investments build on the demonstrated success several states have already shown in expanding apprenticeship. The Department of Labor’s investments will help spur similar collaborations across growing, high- skills industries. Expanding Registered Apprenticeship also means opening up opportunities to traditionally underrepresented populations including women, minorities, and people with disabilities, tapping into the full range of America’s talent.
While all of the Apprenticeship. USA investments include a focus on making apprenticeships more inclusive, the Department of Labor, through Apprenticeship.
USA, will invest in strategies specifically focused on building pathways to apprenticeship, expanding recruiting and other strategies for attracting diverse participants, and in national innovations that promote greater access to apprenticeships for traditionally underrepresented groups. These national investments will complement investments made at the state level, ensuring that state strategies embrace diversity in apprenticeship. They will also support national efforts to engage community- based organizations, workforce intermediaries and other non- profits in the development and implementation of pathways to apprenticeship including pre- apprenticeship, supportive services, and youth apprenticeships. In addition, the Department of Labor will invest in national activities to increase access to apprenticeship including strategic marketing and outreach, technology improvements and innovations that make it easier for employers to start apprenticeships and for job- seekers to connect with apprenticeship opportunities. In September 2. 01. Department of Labor announced $1.
The grantees are well on their way to creating and filling more than 3. IT and advanced manufacturing over the next five years. Highlighting the value of apprenticeships through LEADERS.
More than 1. 70 employers, colleges, and labor organizations have signed on to be Apprenticeship. USA LEADERS (Leaders of Excellence in Apprenticeship Development, Education and Research) by starting or expanding their own work- based learning programs and encouraging their peers to follow. Together, employers in the LEADERS program have pledged to create nearly 2. Expanding opportunities for apprentices to earn college credit towards a degree.
More than 2. 00 colleges nationwide have joined the Registered Apprenticeship- College Consortium, which allows graduates of Registered Apprenticeship programs to turn their on- the- job and classroom training into college credits toward an associate or bachelor degree. Directing training investments into job- driven strategies.
Following the Vice President’s Job- Driven Training review, federal agencies have taken actions to make programs serving over 2. Americans every year more effective and accountable for preparing Americans for good jobs that employers need to fill. These actions include ensuring training investments include essential elements that matter most for getting Americans into better jobs— such as strong employer engagement, work- based learning approaches like apprenticeship, better use of labor market information, and accountability for employment outcomes.
More details on the Administration’s progress on Job- Driven Training can be found here.