The Department of Labor’s $35.8 million cooperative agreement with the Arkansas Department of Commerce, Division of Workforce Services, will incentivize employers nationwide to develop, expand, or join existing advanced manufacturing registered apprenticeship programs through a pay-for-performance model.
Through the program, employers will receive $3,500 for each new apprentice hired.
“Every pathway to career success looks different, whether it’s a four-year degree, military service, or gaining skills in a high-demand trade,” said Arkansas Governor Sarah Huckabee Sanders. “Arkansas’ economy can rival any state’s in the nation because we’ve invested in our education and workforce, and we look forward to adding this new initiative to the resources Arkansas’ young people can use to invest in their career and future.”
Administered by the Employment and Training Administration, the American Manufacturing Apprenticeship Incentive Fund supports America’s Talent Strategy. Additionally, it also supports several of President Trump’s executive orders related to expanding registered apprenticeships.
To that end, in an effort to expand registered apprenticeships and support implementation of the President’s executive order on Registered Apprenticeships, the department issued a request for information about Registered Apprenticeship Industry Intermediaries.
Click here to learn more about the American Manufacturing Apprenticeship Incentive Fund.