It’s time for the U.S. to tackle youth unemployment by borrowing from the apprenticeship programs we have developed at Siemens in Germany.
In the typical apprenticeship, high school students enter the program while finishing high school. They take college classes, get paid, gain a skill while working and graduate with a degree. At Siemens, we have been involved in apprenticeships since the founding of our company in 1847. It is a concept which goes back for centuries and was alive and well in the U.S. at its founding. In fact, Benjamin Franklin was an apprentice.
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The correlation between youth apprenticeships, youth employment and economic prosperity is undeniable. It’s time for the U.S. to take a bold step towards reducing youth unemployment by borrowing from this idea. It’s a bet worth making.
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