Most U.S. working age adults do not have a 4-year college degree. New growth in apprenticeship programs that lead to jobs are resulting in paid, on-the-job training, benefits, coaching and access to employee and alumni networks.
Over the past five years, employers have been trying to solve for two things:
- the long-predicted skilled labor shortage; especially in technology
- a real need to actively address systemic inequities and unconscious bias in their hiring and promotions practices
Source: CNN Business, October 12, 2021. Link.
There’s reason to believe the availability of apprenticeships and a greater emphasis on skills over degrees in hiring will grow.” – Jeanne Sahadi