Study: Construction apprenticeships lead to higher average pay than college degrees in Illinois | Dump Trucks Charlotte NC
Columbus Ohio Dump Truck Company Brief:
- The Illinois Economic Policy Institute, in conjunction with the University of Illinois at Urbana–Champaign's Project for Middle Class Renewal, released the results of a study that found that those enrolled in joint labor-management registered apprenticeships experience comparable training hours, graduation rates and pay as those who attend a four-year university in Illinois.
Dump Trucks Columbus OH Insight:
It should be noted that Illinois is a union-heavy state, so geographic areas without a major union presence might not have access to the same labor-management joint programs and the wages in nonunion areas are often lower.
Other findings contained in the report include:
- Joint construction programs have had a 54% completion rate since 2000, comparable to a public, four-year university's rate of 61%.
- The racial makeup of graduates from joint construction programs is similar to that of public universities in Illinois.
Sometimes, apprenticeships in specific trades in Illinois can result in even higher wages. After completing a five-year apprenticeship through the International Brotherhood of Electrical Workers-NECA (National Electrical Contractors Association) Institute a journeyman wireman in Illinois makes more than $49 per hour.
This report, although it focuses on the benefits of a union apprenticeship, reveals that a traditional four-year college degree is not the only way to the middle class. However, other employer groups like the Associated Builders and Contractors and the Associated General Contractors of America are still reporting — and have been for years — that there are not enough skilled workers to go around and that the industry needs to step up recruitment in order to meet the demand. Whether their and other’s efforts will ultimately result in more skilled workers remains to be seen.
An August survey sponsored by Autodesk and the AGC found that 80% of columbus oh dump truck company were having a difficult time finding enough workers with the requisite skills. When asked about the next 12 months, almost 40% of columbus oh dump truck company expected the labor market to tighten up even more.