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Detailed text transcripts for TV channel - MSNBC - 20170612:17:44:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170612:17:44:00

>> 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....

Detailed text transcripts for TV channel - MSNBC - 20170612:17:40:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170612:17:40:00

Initiative and take a few questions. >> thank you and good afternoon. i especially want to thank the work that's been done by ivanka trump and the office of american innovation to develop the proposals that we'll be talking about this week. i'll be traveling with her tomorrow to wisconsin where we'll be looking at some excellent programs. her leadership on this issue has been invaluable. as you know by now, the president will be making an important announcement regarding apprenticeships. he'll be visiting the department of labor on wednesday. there are currently 6 million job openings in the u...

Detailed text transcripts for TV channel - MSNBC - 20170612:17:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170612:17:42:00

Programs have an average starting salary of about $60,000 a year. nine out of ten are employed upon completion of the programs. both the starting salary and the employment rate are higher than that of traditional college graduates. apprenticeships are also going to increase to labor productivity. when they start a job, they're more able and productive and tend to be more loyal to the employer. despite the benefits, apprenticeships make up only about 3% of the american workforce. this administration will expand apprentices across most, if not all industries. higher education too should assume r...

Detailed text transcripts for TV channel - MSNBC - 20170612:17:43:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170612:17:43:00

Demands driven, experienced based education can be used in a wide variety of sectors to further expand the workforce. incorporating apprenticeships into two and four-year programs would offer students 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 apprenticeship program. president trump has made clear his commitment to expand job opportunities ...

Detailed text transcripts for TV channel - MSNBC - 20170612:17:45:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170612:17:45:00

Actually focus on demand driven education, to focus education on the skills that business is demanded has worked throughout the economy. >> my question is, where do you see these apprenticeships? because most of the complaints is because it's for low-paying jobs and not the higher education jobs and it amounts to nothing more than indentured servitude. >> that's just factually wrong. if you look at the department of labor data, the average starting salary for an apprentice is $60,000 a year that's higher than a college graduate. i was in michigan at the ford facility and i met with some of the...