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Graphic Truth: Apprenticeships are on the rise
Whether it’s the price of college, the promise of the gig economy, or simply the desire to get paid while training, apprenticeships are having a moment. In the US, this surge has coincided with an 8% drop in undergraduate college enrollment; in Canada, it comes amid high youth unemployment.
In short, young people want options for brighter futures. As a result, apprenticeships are increasingly becoming an alternative to expensive four-year college degrees, or as a way to forge new careers mid-life. Apprentices get all the benefits of other employees, including wages, while getting valuable on-the-job training.
After dipping during the pandemic, the number of apprenticeship registrations jumped 12% in 2022 to an all-time high in Canada. In the US, they rose 22% between 2020 and 2021 and saw an 82.1% jump between 2008 and 2021.
But this isn’t just a COVID-fueled trend. SAIT, one of Canada's largest post-secondary institutions for apprenticeships, has seen a 20% increase in enrollment over the last two years. So apprenticeships are likely to increase even more in the coming years.