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US Department of Labor awards nearly $84M in grants to expand Registered Apprenticeships

US Department of Labor awards nearly $84M in grants to expand Registered Apprenticeships WASHINGTON – The U.S. Department of Labor today announced the award of nearly $84 million in grants to 50 states and territories to increase the capacity of Registered Apprenticeship programs, representing an important step toward meeting the Administration’s goal of expanding the program to 1 million active apprentices.Since the beginning of the Trump Administration, over 134,000 new apprentices have registered across the nation. Today’s awards represent the base formula funding and competitive funding to states to increase their ability to serve, improve, and expand Registered Apprenticeship programs. This represents the third round of State Apprenticeship Expansion Formula funding the department has awarded. This investment will further accelerate Registered Apprenticeship programs, incentivize the creation and ongoing success of programs, reduce barriers to entry for new employer...

In an Unsteady Banking Industry, First Republic’s Problems Stood Out

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By Stacy Cowley from NYT Business Day https://ift.tt/Zp1yceV via IFTTT

Wells Fargo’s Scandals Drag on Profit as It Braces for a ‘Slowing Economy’

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By Stacy Cowley from NYT Business Day https://ift.tt/ZSQpX54 via IFTTT

Little of the Paycheck Protection Program’s $800 Billion Protected Paychecks

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By Stacy Cowley from NYT Business Day https://ift.tt/soHFrdEuC via IFTTT