Obama’s Budget Proposal Includes $5.5B ‘First Job Funding’

It's a familiar catch-22 for recent grads: to get a job, you need to have experience, but to gain experience, you need to have a job. In his budget for Fiscal Year 2017, President Obama has nearly doubled the amount of money requested for helping workers find that all-important first job, as well as creating a grant competition to encourage communities to develop plans to employ young workers, and a $2 billion apprenticeship training fund, aimed at doubling the number of apprenticeships in the U.S.