Employers commit to Trump job training initiative

Nearly two dozen companies and trade organizations have signed a pledge to provide job training and apprenticeship programs to help boost the U.S. economy.

The pledge, it is hoped, will help train about 3.8 million students and workers for new jobs and rewarding careers.

One of the companies that signed the pledge, Apple, says it alone will provide additional training to 10,000 people as part of its ongoing initiatives with community colleges.

Those that signed the pledge plan to expand apprenticeship programs, increase on-the-job training, and educate both students and workers throughout their careers.

President Trump has been pressing U.S. companies and trade associations to bolster their job training opportunities as employers search for qualified skilled workers to fill vacancies.

There are currently more job openings than unemployed workers in the U.S., and companies are having a hard time finding enough workers with the right skills.

The additional workers who receive training under the pledge could help fill 6.6 million open jobs, a near-record high and more than the number of unemployed workers.

The president’s 2016 campaign included a pitch to help the “forgotten men and women” who have suffered amid globalization and a shifting economy. The pledge and an executive order Trump signed creating a national council for U.S. workers and a workforce policy advisory board are designed to address the needs of those workers.

Spending on education and training in the U.S. is focused almost entirely on people younger than 25 years old and in school. Relatively little is spent during a person’s working life by employers or the government, potentially leaving them without the ideal skill set for modern jobs.

About the Author

Larry Hannappel

Larry spent 16 years with Century Casino’s and was instrumental in the start-up and growth of the company through expansions in Canada, South Africa, the Czech Republic, Poland and on several cruise ships as well as in Colorado. He was most recently the SVP, Principal Finance Officer and COO of North American operations for Century Casinos Inc., a multinational, Nasdaq-traded gaming company. Earlier in his career, Larry worked at the Johns Manville Corp. Larry spent 13 years in various accounting and finance functions in the company’s fiberglass manufacturing division and was key in the start-up of a molding plant in Indiana. Larry and his wife Kathy and three children live in Colorado. He enjoys four-wheeling, motorcycling, golfing, skiing and brewing beer.

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