Apprenticeships are a valuable workforce training option to help combat Idaho’s current labor challenges. Apprenticeship’s “earn while you learn” method allows for a more financially viable education than a traditional degree by combining classroom and on-the-job training for a more holistic educational experience.
As technology changes how and where we work, apprenticeships have the ability to adapt to changes in employer needs faster than a traditional degree and can be a win-win workforce solution for employees and employers.
Current labor market and future needs of employers
The following graph helps illustrate how the current labor market has evolved since 2015. Before the pandemic, the number of job postings and unemployed persons had a stable trend. When the pandemic hit, the number of unemployed spiked, but returned to its pre-pandemic level fairly soon. Job postings did not fall back to pre-pandemic levels, leaving the demand (job postings) outstripping supply (available workers), creating a current labor shortage of roughly 1.75 job openings per unemployed person in Idaho.