|
Washington
–
Continuing
their
work
to
find
solutions
to
reduce
youth
and
young
adult
unemployment
in
America,
while
training
workers
for
today’s
in-demand
jobs
and
careers,
U.S.
Senators Tim
Scott
(R-SC)
and Cory
Booker
(D-NJ)
today
announced
a
joint
town
hall
at
the Microsoft
Innovation
&
Policy
Center
in
Washington
to
discuss
their
bi-partisan LEAP
Act
(S.574).
The
town
hall
will
bring
together
students,
young
people
currently
participating
in
apprenticeships
programs,
business
leaders,
policy
professionals
and
educators
to
discuss
how
to
increase
and
strengthen
apprenticeships.
Currently,
apprenticeships
account
for
only
0.2
percent
of
our
nation’s
workforce,
with
under
500,000
apprentices
in
registered
programs.
LEAP
Act
Town
Hall
Details:
WHO: U.S.
Senators
Tim
Scott
(R-SC)
and
Cory
Booker
(D-NJ)
WHAT: LEAP
Act
Town
Hall
WHEN: Wednesday,
July
8,
2015,
11:30AM
WHERE: Microsoft
Innovation
&
Policy
Center
901
K
Street
Northwest
–
11th
Floor
Washington,
DC
20001
PRESS
RSVP:
Space
is
limited.
Media
interested
in
covering
tomorrow’s
event
must
RSVP
with
Sean
L.
Conner
(Scott) HERE
by
close
of
business
today.
Follow
the
conversation
online
at
@SenatorTimScott,
@CoryBooker
and
#LEAPTownHall.
LEAP
Act
Background:
Senators
Tim
Scott
(R-SC)
and
Cory
Booker
(D-NJ),
introduced
the
Leveraging
and
Energizing
America's
Apprenticeship
Programs
(LEAP)
Act,
S.
574,
to
increase
apprenticeships
through
a
new
federal
tax
credit
for
employers.
Currently,
there
are
8.5
million
unemployed
Americans,
yet
more
than
5
million
jobs
remain
unfilled
as
many
companies
struggle
to
find
qualified
workers
to
fill
available
jobs.
According
to
a
2010
report
from
the
Georgetown
University
Center
on
Education
and
the
Workforce,
by
2018
the
United
States
will
face
a
shortage
of
workers
with
recognized
postsecondary
credentials
–
shortages
of
3,000,000
workers
with
degrees
and
4,700,000
workers
with
certificates.
Key
pieces
of
the
Scott-Booker
LEAP
Act
include:
- A
federal
tax
credit
for
hiring
new
apprentices
that
are
registered
with
the
U.S.
Department
of
Labor
or
a
state
apprenticeship
agency.
- An
incentive
for
youth
and
young
adult
focused
programs
by
offering
a
tax
credit
of
$1,500
for
apprentices
under
25
and
$1,000
for
apprentices
over
25
to
address
the
current
trend
of
the
average
age
of
apprentices
being
as
high
as
29.?
- An
offset
to
fully
pay
for
the
cost
by
cutting
printing
waste
by
barring
the
federal
government
from
producing
publications
that
are
available
online
with
an
exception
for
seniors,
Medicare
recipients
and
in
communities
with
limited
internet
access.
### |