From the Wall Street Journal: Apprenticeships Help Close the Skills Gap. So Why Are They in Decline?

April 28th, 2014

Great article and video from the Wall Street Journal and MONEYBEAT about 21st century apprenticeships, a key to a better-trained workforce.

Ask CEOs and corporate recruiters whether they’re finding the workers they need, and they’ll lament about a skills gap that threatens productivity and growth—not just in their companies but in the economy at large.

Yet employers and state legislators have been decidedly lukewarm about a proven solution to the problem: apprenticeships.

Apprenticeships can offer a precise match between the skills employers want and the training workers receive, says Robert Lerman, an economics professor at American University.

“It’s a great model for transferring skills from one generation to the next,” says John Ladd, director of the Department of Labor’s Office of Apprenticeship.

Read the whole article and watch the video here.

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