Page 32 - Apprenticeship Programs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Porter >> reporter: is there a n you are focusing on, especially since the unemployment rate -- there are still groups of people, be it by region, race, gender, that still have issues with employment. is your focus going to be in certain regions? >> you are correct that the unemployment rate i believe is 4.3%. the broader unemployment rate is now at 8.4%. we've had discussions with ceos that are looking at these apprenticeship programs, one of the items of discussion is a way to work with communities that you simply don't see going into the stem fields and other fields. part of that discussion...

Succeed. demand driven is not new. it's used to some extent in the health care sector. it can be improved and be used in a wide variety of sectors to further expand the work force. incorporating apprentice ships in two and four year degree programs would off students traditional learns and skills based learning. this is particularly important for those students who learn better by doing. president trump has seen firsthand the success of apprenticeship programs in the building trades where he's very familiar. the building trades invest nearly $1 billion a year of private money into the apprenti...

The office of american ip innovation as this goes forward. questions? >> so how exactly do you plan to expand these apprenticeships? what is the government going to do? i guess it's our understanding that it's not necessarily you're not going to put more money towards these programs so how are these going to expand? >> if you look in the building trades, there's almost $1 billion that's spent every year. that's all private sector money. the building trades have put together labor management organizations that jointly invest in these apprenticeship programs because they know both on the labor s...

Apprenticeship programs have an average starting salary of about $60,000 a year. 9 out of 10 are employed upon completion of the program. both the starting salary and the employment rates are higher than that of traditional college graduates. apprenticeships are also going to increase the labor productivity. apprentices hit the ground running when they start a job, they are more able and more productive and tend to be more loyal to the employer. despite these benefits, apprenticeships take up only 3% of the american workforce. this administration -- higher education should assume responsibilit...

>> so how exactly do you plan to expand these apprenticeships? what is the government going to do? as i understand it, it's not -- you're not going to put more money towards these programs. so how are they going to expand this >> if you look in the building trades, there's almost $1 billion that's spent every year. and that's all private sector money. the building trades have put together labor management organizations that jointly invest in these apprenticeship programs because they know both on the labor side and the management side that a skilled workforce is critical to the building trade....