Why Investing In Apprenticeship Makes Good Dollars And Sense #Forbes

Published by Reuben Armstrong on

1st November 2016  |  forbes.com  |  by Nicholas Wyman  |

In a highly polarized election cycle, it is hard to find a topic on which presidential candidates Hillary Clinton and Donald Trump agree. But there is at least one area of common ground: both candidates know that the strength of the economy depends on getting more people into good jobs.

Whether it’s creating more jobs or filling the millions of job vacancies that exist, tackling unemployment depends on effective training and education. As Clinton stated in her acceptance speech at the Democratic convention, “College is crucial, but a four-year degree should not be the only path to a good job. We’re going to help more people learn a skill or practice a trade and make a good living doing it.”

Clinton’s workforce and skills agenda  specifically calls for a tax credit for businesses that hire apprentices, and a bonus on that credit for hiring people under 25. Apprenticeship is a time-tested career-training model that is seeing more and more bipartisan support.

While Trump has never presented a formal agenda on workforce development, he has promised to increase access to higher education and skills training, and to invest in job training and education for veterans.

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