>

21 Results for Category Apprenticeship

Woman works on vehicle.
Apprenticeships have been a part of the U.S. educational system since long before the country declared its independence. Now apprenticeships are in vogue again. This traditional training method offers several advantages, and many people are wondering if apprenticeship programs are the future of education. 
It's no secret that finding skilled talent is getting harder. For decades, the labor pool had been more of a labor stream. It flowed in a predictable direction and employers knew where the best fishing spots were. Students graduated from high school, went to college, then were hooked by employers who gave them a job and, in many cases, a lifelong career. In this system, schools were responsible for educating and training. All businesses had to do was stand at their trusted fishing spot and catch whatever came by.
When great minds work together they can unravel even the most complex problems. At SXSWEDU, a panel of experts looked at ways to close the skills gap for millions of middle-skills workers and students. Panel members included Penn Foster graduate Markcus Perez, Christine Mikulski of Guild Education, an organization that partners with Penn Foster, Erica Pandey of Axios, and Ivy Love of New America.
The manufacturing industry is currently facing a workforce crisis that could potentially leave millions of lucrative jobs unfilled in years to come. According to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS) reports, there are about 488,000 open manufacturing jobs in the United States. While the number of open jobs has decreased month over month, the number of unfilled manufacturing jobs is projected to continue to rise in the coming years. This trend could have a lasting effect on not only manufacturing in the United States, but also the overall economic growth in our country.
Many businesses are turning to apprenticeship programs to help them train qualified employees. In a tight labor market, where many employers are struggling to find employees who have the right skills, apprenticeship programs just make good business sense. That may be why the number of active apprentices has grown 42% since 2013.
The growing skills gap has been felt across industries, leaving countless job opportunities open because of a lack of skilled talent. One proven practice for upskilling learners to fill those in-demand roles, especially those in the skilled trades, has been apprenticeship programs.
There is a growing movement in today's tight labor market with the resurgence of apprenticeships. A proven practice to prepare individuals for a career in a middle-skilled trade, apprenticeships are coming to the forefront of the job market as an alternative to expensive and time-consuming degrees.
Today's tight labor market has been attributed to the growing skills gap, the increase in retiring baby boomers, high rates of employee turnover, and more. Despite all of these factors, there has not yet been a full shift from the must-have college degree mindset to a learn-and-earn model that could better support employers and employees.
Businesses today are increasingly being faced with a similar challenge: The need for highly talented employees is moving at a much faster pace than the skills development of those employees. Rapid advancements in technology have completely changed the landscape of the modern labor market, and organizations have more of a responsibility than ever to ensure that they're working to help close this skills gap and giving their workers the ability to survive in a highly competitive environment. In Penn Foster's eBook, "Manufacturing Talent: The New Role for Apprenticeships in Today's Labor Market," author Collin Gutman details the work that is being done by several major organizations to pioneer the rebirth of the modern apprenticeship, dispels some common myths about apprenticeships, and offers a blueprint for success for businesses looking to launch their own programs.  
In today's rapidly-evolving labor market, many employers are struggling to attract and retain highly qualified and talented workers. In an article published in Talent Economy, Penn Foster CEO Frank Britt and Innovate+Educate Founder & CEO Jamai Blivin argue that, as a result of recent tax reform, businesses now have a greater opportunity and responsibility to address this growing skills gap by investing in the continuous development of their employees. With the shelf life of skills constantly shrinking and the durability of degrees dwindling, it's becoming increasingly more difficult for workers to keep their skills current.

Search Our Blog Posts

Get the latest on skills, talent, and economic opportunity

Connect With Penn Foster

Human Resources Today