Summary
The Guam Department of Labor has reported significant growth in its Registered Apprenticeship Program, with a nearly 200% increase in apprentices and a 60% rise in sponsors following a recent apprenticeship forum. The program provides valuable tax credits to participating employers, promoting workforce development across various industries on the island.
This development reflects a broader trend in the U.S. where apprenticeship programs are gaining traction, addressing the skills gap in the labor market. Initiatives like Guam's GRAP are essential for building a skilled workforce and supporting businesses in their training efforts, providing critical support for community economic development.
Why this matters for apprenticeships
This story underscores the importance of registered apprenticeship programs in fostering workforce development and addressing skill shortages. The significant increase in participation demonstrates the effectiveness of structured programs in meeting industry demands and providing financial incentives for businesses.
Made in the USA.