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Apprenticeships: The number of apprenticeships has been rising, could they go mainstream?

Apprenticeships: The number of apprenticeships has been rising, could they go mainstream?

According to the latest data there were more than 250,000 new apprentices in the US in 2019, marking the highest number in more than a decade. The resurgence of apprenticeships is interesting in the context of the current economic crisis, which has generally been hardest on younger workers.

Washington-based think tank Brookings believes that apprenticeships could be a powerful tool in the government's economic response — and they are impressively non-partisan with 83% of Americans reportedly supportive of more government funding for apprenticeships.

Learnin' and earnin'

The combination of on-the-job training and classroom learning (learn and earn) has long been applied in the construction industry. Indeed, almost 70% of all active apprentices in the US in 2019 were in the construction sector. However, apprenticeships are slowly finding traction in other industries too and just 3 weeks ago a UK start-up, which helps organizations to develop apprenticeship schemes, raised $44m of VC funding to help expand into the US.

The biggest piece of the puzzle for apprenticeships to continue to grow is the government, and there is good news. At the end of last year the US House of Representatives passed the National Apprenticeship Act of 2020.  If approved the proposed bill could grant an additional $3.89 billion in funding for apprenticeships over five years.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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