Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Financial Times
  • US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange. This is the latest move by Trump to boost the crypto industry and expunge its past misdeeds. Zhao was prosecuted by the Biden admi – LinkedIn
  • RBI announces draft rules for allowing banks to finance acquisitions
  • Sebi bars mutual funds from pre-IPO placements, limits investments to anchor and public issues
  • Art Basel appoints communications lead Karim Crippa as director of Paris fair – The Art Newspaper
  • The mainstream cryptocurrency yield ecosystem is upgrading: ETC Mining is gaining favor among XRP, BTC, and ETH holders.
  • INTERPOL uncovers how cryptocurrency fraud exploiting Nigerians, others, helped fund terrorism 
  • Paris Challenges London’s Art Crown With Art Basel Paris 2025 Edition At Grand Palais
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Investments»Biden announces more investments in workforce development, apprenticeships
Investments

Biden announces more investments in workforce development, apprenticeships

July 15, 20242 Mins Read


This audio is auto-generated. Please let us know if you have feedback.

The Biden-Harris administration is expanding the Registered Apprenticeship program in certain U.S. industries and investing in workforce development to provide job access to women, people of color, veterans and other historically marginalized workers, according to a July 11 announcement from the White House.

As part of the administration’s broader Investing in America plan, the investments are intended to create training pipelines for in-demand jobs, regardless of college degree.

“To do that, the Administration launched nine Investing in America Workforce Hubs across the country that are bringing together unions, local governments, employers, training providers, schools, community colleges, and other stakeholders to facilitate partnerships to train and connect workers to jobs in high-demand sectors,” according to the announcement.

In 2023, the Biden administration launched five workforce hubs in Augusta, Georgia; Baltimore; Columbus, Ohio; Phoenix; and Pittsburgh, which expanded pre-apprenticeships and registered apprenticeships, trained workers and supported community college programs. This year, four new hubs will start in upstate New York, Michigan, Milwaukee and Philadelphia.

As part of the July announcement, Philadelphia launched new efforts to build workforce development pipelines to attract workers. For instance, the Geographic and Economic Hiring Preference program aims to hire 50% of apprentices and 20% of journeypersons on certain public works projects from economically disadvantaged neighborhoods across the city, ensuring 200 new apprenticeships in underserved communities. 

Nationwide, new investments in pre-apprenticeship programs aim to double the number of people moving into registered apprenticeships and increase apprentice retention rates. The funding is slated to reach communities across 32 states.

Additional funding will support the Registered Apprenticeship program, including public-private partnerships across in-demand fields, such as clean energy, advanced manufacturing, IT and cybersecurity, and K-12 education.

Although apprenticeships remain outside the mainstream in the U.S., they’ve received more attention in recent years, particularly as part of Biden administration expansions. The apprenticeship programs are intended to serve as another avenue to fill talent gaps and build pipelines, particularly in industries that don’t receive high interest from younger workers.

However, earlier in 2024, Republican lawmakers told the U.S. Department of Labor that a proposed rule about the Registered Apprenticeship program would disincentivize small businesses from participating. The lawmakers complained about administrative requirements, including mandatory disclosures and required adoption of a time-based model for apprenticeship completion.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Financial Times

October 24, 2025 Investments

Sebi bars mutual funds from pre-IPO placements, limits investments to anchor and public issues

October 24, 2025 Investments

Live updates: Trump will head to Asia to promote big investments

October 24, 2025 Investments

Intel shares jump as investments, cost cuts catapult turnaround efforts

October 24, 2025 Investments

Malaysia secures RM15bil in digital investments at Singapore International Cyber Week

October 23, 2025 Investments

Green fields, hidden hazards: how to safeguard agricultural investments

October 23, 2025 Investments
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Financial Times

October 24, 2025 Investments 1 Min Read

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark…

US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange. This is the latest move by Trump to boost the crypto industry and expunge its past misdeeds. Zhao was prosecuted by the Biden admi – LinkedIn

October 24, 2025

RBI announces draft rules for allowing banks to finance acquisitions

October 24, 2025

Sebi bars mutual funds from pre-IPO placements, limits investments to anchor and public issues

October 24, 2025
Our Picks

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Financial Times

October 24, 2025

US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange. This is the latest move by Trump to boost the crypto industry and expunge its past misdeeds. Zhao was prosecuted by the Biden admi – LinkedIn

October 24, 2025

RBI announces draft rules for allowing banks to finance acquisitions

October 24, 2025

Sebi bars mutual funds from pre-IPO placements, limits investments to anchor and public issues

October 24, 2025
Our Picks

Unlock the Future of Cryptocurrency with WOA Crypto’s XRP Cloud Mining

October 24, 2025

Cryptocurrency scam leads to $260,000 loss

October 24, 2025

Intel shares jump as investments, cost cuts catapult turnaround efforts

October 24, 2025
Latest updates

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Financial Times

October 24, 2025

US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange. This is the latest move by Trump to boost the crypto industry and expunge its past misdeeds. Zhao was prosecuted by the Biden admi – LinkedIn

October 24, 2025

RBI announces draft rules for allowing banks to finance acquisitions

October 24, 2025
Weekly Updates

Cryptocurrency Faucet – Blockchain Council

August 17, 2024

Cryptocurrency Developments and Insights – Financial News

October 29, 2024

Sebi bars mutual funds from pre-IPO placements, limits investments to anchor and public issues

October 24, 2025
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.