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Post by bot on Apr 21, 2016 16:23:34 GMT -5
FACT SHEET: Investing $90 Million through ApprenticeshipUSA to Expand Proven Pathways into the Middle Class by hardcastle Since the beginning of his Administration, President Obama has focused on creating an economy that works for every American. Under President Obama, our economy has added 14.4 million jobs over 73 straight months, the longest streak of job creation on record. The jobs available today, and the jobs of the future, are higher-skill jobs that require more education and advanced skills. Job-driven apprenticeships are among the surest pathways to provide American workers from all backgrounds with the skills and knowledge they need to acquire good-paying jobs and grow the economy. In fact, 87 percent of apprentices are employed after completing their programs, with an average starting wage above $50,000. The return on investment for employers is also impressive — international studies suggest that for every dollar spent on apprenticeship, employers may get an average of $1.47 back in increased productivity, reduced waste and greater front-line innovation. As a result, the President has made expanding apprenticeship a priority for his Administration. www.whitehouse.gov/the-press-office/2016/04/21/fact-sheet-investing-90-million-through-apprenticeshipusa-expand-proven
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