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Employers are turning to apprenticeship programs to train new hires. : The Indicator from Planet Money Apprenticeships: not just for medieval guilds, but also useful in today's tight labor market! More employers in fields such as healthcare are turning to apprenticeship programs to train new hires for critical roles.

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The Indicator from Planet Money

Jobs Friday: Why apprenticeships could make a comeback

Jobs Friday: Why apprenticeships could make a comeback

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DORCHESTER, MA - APRIL 11: Dr. Elizabeth Maziarka reads a blood pressure gauge during an examination of patient June Mendez at the Codman Square Health Center April 11, 2006 in Dorchester, Massachusetts.
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Joe Raedle/Getty Images
DORCHESTER, MA - APRIL 11: Dr. Elizabeth Maziarka reads a blood pressure gauge during an examination of patient June Mendez at the Codman Square Health Center April 11, 2006 in Dorchester, Massachusetts.
Joe Raedle/Getty Images

The term "apprenticeship" might conjure thoughts of medieval cobblers or colonial silversmiths, but programs that pay employees to get trained on the job are alive and well in today's economy. And with the latest jobs report once again showing a tight labor market, more employers are turning to these programs to attract workers, especially in fields like healthcare.

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