In another desperate attempt to fill the jobs that South Dakota’s anemic private market cannot, the state is subsidizing paychecks for young trainee-workers to the tune of up to $15,000:
Today, Governor Kristi Noem and the Department of Labor and Regulation (DLR) announced additional financial assistance for businesses and apprentices to develop new and expand existing Registered Apprenticeship Programs. The effort will invest $7.9 million over three years to administer apprenticeship grants.
…New sponsors can receive up to $15,000. Current sponsors expanding current programs can receive up to $10,000. Recipients of these awards will receive technical assistance from DLR as they register or expand programs [Office of the Governor, press release, 2023.04.25].
If South Dakota had a healthy, properly functioning economy with employers willing and able to pay full freight for the value they get from their workers, the state wouldn’t have to spend a penny on these private-sector paychecks.
The Department of Labor and Regulation is getting this $7.9 million from the Governor’s Office of Economic Development. The funds augment the $3.1 million in federal funds that support the apprenticeship program… $3.1 million that Governor Noem has strangely not worried could cause inflation.