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.