Workforce Development: Private Sector Paid Apprenticeships

What is happening? NYC mayor and businesses proposed a new apprenticeship program to serve as a pipeline for public school students to enter the private sector.  

Why is this important? The program will connect  3,000 high school students with multiyear paid apprenticeships at “some of the city’s largest finance and technology firms.”

How will this be important? In year 1, “500 students are expected to start apprenticeships as part of the new program by the end of 2023, earning between $15 and $25 an hour at an entry level. “

Governing | New York City Launches $33M Private-Sector Apprenticeship