Washington, D.C. (March 10, 2020)— Today, the U.S. Department of Labor issued its final rule on apprenticeships. In response to the ruling, Elaine Parker, President of the Job Creators Network Foundation released the following statement:
“Today’s significant rule by the Trump Administration to increase mentorship programs and provide new apprenticeship opportunities where they have not previously existed demonstrates a keen understanding of what we need to close the skills gap and further bolster our economy. Its implementation will allow our members to continue to create jobs and have confidence that the workforce will be properly educated and able to execute their responsibilities.
The Job Creators Network Foundation has been advocating for workforce development for years. We know all too well that what small businesses need are qualified applicants to fill vacant jobs. Our nation’s current focus with four years of post-high school education has resulted in insurmountable student debt and 6.4 million unfilled jobs. When students are carrying $1.5 trillion in debt and unqualified for well-paying open jobs, something must change.”