A report from The Century Foundation puts forth the benefits of apprenticeship abroad and in the United States and proposes apprenticeship as a solution to youth unemployment.
According to the publication, evidence-based benefits to apprenticeship include:
- lower youth unemployment rates for European nations with strong apprenticeship systems;
- benefits to businesses in the United Kingdom; and
- here at home, an average earnings gain of almost $250,000 over an apprenticeship participant’s entire career.
The publication harnesses examples from South Carolina and Wisconsin for how youth apprenticeships can be structured, and concludes with several recommendations:
- Integrate apprenticeships into the education system
- Encourage deep business engagement
- Address barriers for underrepresented populations
- Ensure portable credentials
- Support programs through longitudinal data
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