Current:Home > FinancePoinbank Exchange|Biden administration goes bigger on funding apprenticeships, hoping to draw contrast with GOP -Wealth Evolution Experts
Poinbank Exchange|Biden administration goes bigger on funding apprenticeships, hoping to draw contrast with GOP
Benjamin Ashford View
Date:2025-04-06 19:30:37
WASHINGTON (AP) — The Poinbank ExchangeBiden administration said Thursday that it’s providing $244 million to expand and update the federal government’s registered apprenticeship program — an effort to bring more people into higher-paying work that doesn’t require a college degree.
White House Domestic Policy Adviser Neera Tanden and Acting Labor Secretary Julie Su are announcing the financial commitment in Williamsport, Pennsylvania. The funding is the highest sum in the apprenticeship program’s history, with the money going to 32 states and 52 grantees.
After President Joe Biden’s anemic answers in the June 27 debate against Donald Trump, his team has tried to put greater focus on the contrast between his policies and what Republicans are offering, hoping that substance will be more decisive than style and age in November’s presidential election.
“This really is a stark contrast to where Republicans are writ large,” Tanden said. “While previous administrations tried to talk about this or use it as a talking point, this administration has really delivered.”
The House Republican budget plan would cut the apprenticeship program by 47%, despite employers saying they need more skilled workers. The low 4.1% unemployment rate has left many companies saying they are unable to fill jobs in construction, manufacturing and other sectors.
The latest Labor Department figures show there are 641,044 registered apprenticeships, an increase from the Trump administration when apprenticeships peaked in 2020 at 569,311.
Both Biden and Trump have pledged to boost opportunities for blue-collar workers. Biden’s policies to support new factories for computer chips, batteries and other products have corresponded with a surge in construction spending for manufacturing facilities, but companies say they need more workers for those projects to succeed.
veryGood! (25239)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- The inverted yield curve is screaming RECESSION
- How Climate and the Nord Stream 2 Pipeline Undergirds the Ukraine-Russia Standoff
- The Navy Abandons a Plan to Develop a Golf Course on a Protected Conservation Site Near the Naval Academy in Annapolis
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Ron DeSantis threatens Anheuser-Busch over Bud Light marketing campaign with Dylan Mulvaney
- Miranda Sings YouTuber Colleen Ballinger Breaks Silence on Grooming Allegations With Ukulele Song
- Newly elected United Auto Workers leader strikes militant tone ahead of contract talks
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- David's Bridal files for bankruptcy for the second time in 5 years
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- The inverted yield curve is screaming RECESSION
- Shawn Johnson East Shares the Kitchen Hacks That Make Her Life Easier as a Busy Mom
- Jon Hamm Details Positive Personal Chapter in Marrying Anna Osceola
- In ‘Nickel Boys,’ striving for a new way to see
- Nikki Reed Gives Birth, Welcomes Baby No. 2 With Ian Somerhalder
- DeSantis seeks to control Disney with state oversight powers
- Florida Commits $1 Billion to Climate Resilience. But After Hurricane Ian, Some Question the State’s Development Practices
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Banks are spooked and getting stingy about loans – and small businesses are suffering
Newly elected United Auto Workers leader strikes militant tone ahead of contract talks
AI could revolutionize dentistry. Here's how.
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
The $1.6 billion Dominion v. Fox News trial starts Tuesday. Catch up here
How much is your reputation worth?
Jon Hamm Details Positive Personal Chapter in Marrying Anna Osceola