Home Economy U.S. Economy Trump Wants 4.5 Million New Apprenticeships In Five Years

Trump Wants 4.5 Million New Apprenticeships In Five Years


President Donald Trump will sign an executive order on Thursday that looks to expand apprenticeships and job-training programs by giving more freedom to third-party companies and schools, according to two senior White House officials.

President Donald Trump acted Thursday to demolish a bureaucratic infrastructure that he said needed to be removed to allow America’s companies to create apprenticeships that will provide jobs for millions.

To do so, he signed an executive order that will more than double the amount of money delegated to apprenticeship programs from $90 million to almost $200 million annually.

Trump also vowed to increase federal grants to support companies that launch apprenticeship programs in fields such as information technology, as well as more traditional areas like the construction trades.

He said the money to support these apprenticeships would come from under-performing job training programs.

“The President will be calling on businesses across the country to embrace apprenticeships and we do not expect that call to go unanswered,” one official said.

Another official said both the President and Ivanka Trump, who is said to have been intimately involved in this executive order, will “use the bully pulpit of the White House … to maintain a focus on this issue.”

Trump wants to create 5 million new apprenticeships over the next five years, which would be almost 10 times the total that exist now.

But the money he has appropriated to apprenticeships is roughly the same as it was under Obama. The budget for fiscal 2016 appropriated $90 million for apprenticeships; that number is set to increase only to $95 million as part of Congress’ omnibus budget for 2017.

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