The Importance Of Apprenticeship In The United States

According to the Georgetown University Center on Education and the Workforce, by 2020, the United States is expected to face a shortage of 5 million workers who are equipped with technical certificates and credentials. But the U.S. apprenticeship system is small compared to those of other advanced economies. Consider that England started 510,000 new apprentices in 2012 while the United States started 147,000, despite the U.S. population being roughly six times that of England. Meanwhile, in Switzerland, 7o percent of young people enter the workforce through an apprenticeship. Part of the reason for the disparity is that American companies are not familiar with apprenticeship or its benefits, as discussed in a recent Center for American Progress report, “Training for Success: A Policy to Expand Apprenticeships in the United States.”

According to the labor market data from the January 6, 2017, Current Population Survey, the current adult unemployment rate statistics in the United States by gender, age, and race, are: men (20 and over) 4.8%, women ( 20 and over) 4.7%, Whites 4.2%, Blacks 7.9% and Hispanics 5.9%.

Current government programs that exist to help try to fix this growing national pandemic are, ones like the Unemployment Insurance program, which provides income support through the payment of UC benefits. There are currently only about 125,000 unemployed people getting unemployment insurance. Another program is The Department of Labor's Employment and Training Administration (ETA) which provides information on training programs and other services that are available to assist workers who have been laid off or are about to be laid

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My solution for the current adult unemployment problem is, to find a way for people to get adequate training. Also, to find a way for people to get information on the kinds of jobs that are needed, in today's labor market from job employers.
Another current government program for adult unemployment, is the Employment and Training Administration. This service provides information on training programs, and job training for people that are currently without employment. Studies show that these employment training programs are not as effective as people think. When it came to job knowledge, and skills learned, in a survey conducted by Capital Works LLC. The survey found that Approximately 75 percent of the skills employees use on the job they learned informally, the study found, through discussions with coworkers, supervisors and from there surrounding work environment. With only 25 percent gaining knowledge from formal training methods such as workshops, seminars and synchronous classes.” A program that would help provide unemployed people with adequate carrier training is the Apprenticeship program. Apprenticeships provide people with source of income while they are learning their job skills. Of those students who finish an apprenticeship program, 87.4 percent were employed shortly after they finished. After 6 months 87.9 percent of those students were still employed. Apprenticeships are real jobs and workers earn a paycheck during their apprenticeship—typically starting at 50 percent to 60 percent of their eventual professional wages. A recent survey by the U.S. Department of Labor, showed that a apprentice student earned $ 8,000 a year, and $200,000 more over there life time, then people who did not go thru an apprenticeship program. This will help the economy, which in 2012 Deloitte found that 60,000 manufacturing jobs were unfilled, while 74 percent of business manufacturers said it was because of inadequate talent and skill, which was limiting the expansion of business.
Another current problem that affects adult unemployment in America is, that people are currently experiencing problems with what their educational choices are, versus what labor skills that are in demand in their area. These choices have caused a big problem of job mismatch. The mismatch is caused by a large number of under qualified people, and overqualified people competing for the same type of jobs. Statistics from the Global Agenda Council on Employment, shows that in the year 2014 on average across countries, the wage penalty associated with overqualification is about 13%, and is largest – at or exceeding 18% – in Estonia, Republic of Korea, Poland and the United States (US). By contrast, under qualified workers earn about 9% more than their colleagues who are well-matched in the same job . The solution to the problem is, for the government to provide better job market information, on what jobs are most currently in demand by employers.
There is a greater, and ever more urgent need for more accurate employment information. The labor market needs to the unemployed adults looking for a job. Also, for more programs that provide more precise on the job training, like apprenticeship programs for those adults who are currently unemployed, and are looking for a new job. So unless these changes are made to improve people's job training, and their knowledge of what jobs are in demand out there, the United States current adult unemployment rate will continue to see a steady rise over the years to come.