Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera
  • Trump pardons Binance founder ‘CZ’ Changpeng Zhao, high-profile cryptocurrency figure
  • Atarah Atkinson Is Building a New Gallery With Old-School Ideals
  • The art of Armani | Daily Mail Online
  • Lloyds Bank vows to fight car finance payouts – The Telegraph
  • Why Digital Art Isn’t Replacing the Gallery
  • Lloyds profits plunge 36% as it feels impact of UK car finance scandal – The Guardian
  • “State Russian Support”: EU Sanctions the Cryptocurrency A7A5
  • 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

Green fields, hidden hazards: how to safeguard agricultural investments

October 23, 2025 Investments

Generational investment, sacrifice in budget

October 22, 2025 Investments

PFRDA Proposes ‘Dual Valuation Framework’ For NPS, APY Investments In Govt Securities; What It Means | Savings and Investments News

October 22, 2025 Investments

Alexandria Real Estate Equities, Inc./Alexandria Venture Investments Receives 2025 Charles A. Sanders, MD, Partnership Award From the Foundation for the National Institutes of Health – Company Announcement – FT.com – Financial Times

October 22, 2025 Investments

Bolivia’s new president courts lithium investments

October 22, 2025 Investments

Deloitte study: most EU financial institutions are in early preparation stage to comply with the new anti-money laundering and countering financing of terrorism requirements and need significant investments to align to the new European framework

October 22, 2025 Investments
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025 Cryptocurrency 1 Min Read

Trump pardons Binance cryptocurrency founder Changpeng Zhao Al JazeeraPresident Trump pardons Binance founder Changpeng Zhao BBCTrump pardons…

Trump pardons Binance founder ‘CZ’ Changpeng Zhao, high-profile cryptocurrency figure

October 23, 2025

Atarah Atkinson Is Building a New Gallery With Old-School Ideals

October 23, 2025

The art of Armani | Daily Mail Online

October 23, 2025
Our Picks

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025

Trump pardons Binance founder ‘CZ’ Changpeng Zhao, high-profile cryptocurrency figure

October 23, 2025

Atarah Atkinson Is Building a New Gallery With Old-School Ideals

October 23, 2025

The art of Armani | Daily Mail Online

October 23, 2025
Our Picks

African Development Bank Group receives $14 million in first funding allocation under Global Agriculture and Food Security Program’s new private sector financing window – African Development Bank Group

October 23, 2025

Mutuum Finance- Sponsored Content | ThePrint

October 23, 2025

Generational investment, sacrifice in budget

October 22, 2025
Latest updates

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025

Trump pardons Binance founder ‘CZ’ Changpeng Zhao, high-profile cryptocurrency figure

October 23, 2025

Atarah Atkinson Is Building a New Gallery With Old-School Ideals

October 23, 2025
Weekly Updates

Cisco launches $1 billion AI fund and makes first investments

June 4, 2024

Why Now Is the Perfect Time to Invest in the Art Market

June 13, 2024

Where to Find the Best Art in Seattle | Observer Arts

June 10, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

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