Instead of racking up debt while going to college, apprentices start earning money within their first year in the classroom.
According to a recent report published by the office of Occupational Statistics and Employment Projections, enrolling in an apprenticeship program can be a cost effective way to boost earnings while gaining the job training you need.
Most of these programs require apprentices to train with an experienced professional for at least 2,000 hours as well as completing classes. At the end of the program, apprentices receive a nationally recognized certificate of completion, either from the Department of Labor or from an approved state agency.
There were more than 358,000 registered apprentices in more than 21,000 apprenticeship programs in 2012, according to the DOL’s website, mostly in construction, manufacturing, and health-care industries.
Popular programs include electricians (four years), cabinetmakers (four years), mine inspectors (four years), firefighters (three years), paramedics (two years), pharmacy support staff (one year), correctional officers (one year), and dental assistants (one year).
Chosen excerpts by Job Market Monitor. Read the whole story at
Many people work and learn at the same time In the US. But in addition to getting a paycheck, apprentices like Schmitt are also getting a career boost: their on-the-job experience and technical instruction are part of a formal program to help them master an occupation Continue reading »
Almost 6 million young people are neither in school nor working, according to a study by The Opportunity Nation coalition Continue reading »
How to best prepare non-college bound youth for the labor market? asks Matthias Parey in Vocational Schooling versus Apprenticeship Training — Evidence from Vacancy Data on cep.lse.ac.uk (Adapted chosen excerpts by Job Market Monitor to follow). Different approaches compete in this field, including firm-based apprenticeships, full-time vocational schooling, and on-the-job learning. Little is known about how effective these … Continue reading »
Kudos to David Leonhardt for calling attention to the staggeringly high American youth unemployment rate — 26.6 percent — compared to rates in Europe and Japan. I just want to add that in addition to overall sluggish job creation, one of the problems is that American employers tend to avoid job training and seek workers who … Continue reading »
On Tuesday, January 29th, the German Embassy in Washington, DC hosted “The German Skills Initiative” with many heads of both U.S. and German corporations in attendance. Alongside German Ambassador Peter Ammon, the speakers included U.S. Secretary of Commerce Dr. Rebecca Blank, German Deputy Chief Executive of International Economic Affairs Dr. Volker Treir, CEO of Siemens … Continue reading »
In a world of high youth unemployment, where the supply of skilled labor often fails to match employer demand, Germany believes help can be found in its Dual Vocational Training System (TVET)—a time-tested economic model now incorporated into the Federal Republic’s law. This program, many supporters believe, is the reason why Germany has the lowest jobless rate among … Continue reading »
In a provocative paper, Hermann Gartner[i] and Christian Merkl[ii] attribute the so-called German miracle to its “wage moderation” that was the result of labour-market policies in the years preceding the global crisis – a point that is often ignored in the public debate. It could well be that apprenticeship is not the only factor. “While the US … Continue reading »
Apprenticeship schemes can be the driver for the most disadvantaged young people to gain employment, but they need to be made simpler and more accessible, according to Barclays HR director Lynne Atkin. Atkin, who has been HRD of Barclays since 2009 and this year helped launch its first £20 million apprenticeship scheme, believes one of … Continue reading »
HR magazine’s first HR Lunchtime Debate, brought to you in Réapprentissage conjunction with Commsight (an Opinion Matters service), is an online TV show that brings together experts to discuss the whys and wherefores of setting up an apprenticeship scheme. During the live debate you will hear from Jason Holt, CEO of the Holts Group, who led the … Continue reading »
The protracted European debt crisis and austerity measures have made career prospects for many of the continent’s youth bleaker than ever. In Spain and Greece, nearly half of all those under age 25 are unemployed. But … that’s not the case in Germany. In stark contrast, Germany’s youth employment is the highest in Europe, with … Continue reading »
Apprenticeships face ‘identity crisis’, according to Forum of Private Business writes HR Magazine The Forum of Private Business yesterday warned a group of MPs that apprenticeships are facing an ‘identity crisis’, with business owners in certain sectors concerned that shorter schemes do not provide the same value as longer courses. The Forum’s senior policy adviser Alex … Continue reading »
Youth guarantees Programmes that guarantee young people will get a job, education or training have shown good results in a number of countries. In Finland, the success rate of the youth guarantee scheme is estimated at more than 80 per cent. A registered youth has to be offered a job, academic education, vocational training, or … Continue reading »