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So what I have heard more and more from companies is that they are willing to pay for the education, pay the person a salary, and ensure employment in return for working X number of years. Its almost like the military except you make money.
AT&T, for example, in this article, was doing that with the fiber optic people.
There is also reason to think that maybe we do not need 10k master electricians, but if we can get 10k journeyman, that would be huge. The issue we have been hearing with apprenticeships is the lack of $ people are making, and so now companies are starting to tackle this head-on. I want to say it was Nashville Power was implementing something along these lines to their lineman. Going look, we need bodies now and will pay for you to level up, but you will have to work X years for us. The rate these people were going to get paid for their X years was also some percent higher than what it is right now, so it locked in long-term gains as well providing stability for all involved.
If companies actually do those programs and bring them to fruition with skilled workers annually, then it makes sense and would be a good thing. But the proof is in the actual metrics. Right now, all people are seeing is layoffs and job termination notices across industries. Companies tout what they are doing, but where are the new jobs with the training added on?
"I was reading one article recently, summarizing the complaints from folks being laid off in the tech world or unable to find entry jobs into it. The labor expert interviewed was stating folks needed to rethink their job purpose and find roles that had value in the new paradigm. One of those, for example, was being an electrician who can handle data center needs. The demand was off the scales. While this is true (and also very easy to say), it left out the part of what it takes to become a master electrician. At least in my own state, it takes 4 to 6 years to become a fully licensed electrician to handle residential work. That includes training, apprenticeship time and journeyman status. Then, it takes another two years to make master electrician, the level needed for commercial-grade work. In short, highly-skilled job capability doesn't immediately happen. The truth, however, is that electrician role is valuable, even in the new paradigm. And a whole lot of other job types are now, by default, useless."
My article on related discussion on this topic - https://www.publish0x.com/crypto-musings-consumer-impacts/the-job-reckoning-do-useless-jobs-have-any-hope-now-xqvyvrv