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Wall Street & IPOAbout an hour by rapid train northwest of Shanghai, China in the city of Changzhou (pop: 5.2 million) are the offices of Jin Medical International, a maker of “high-end” wheelchairs. Incorporated in the Cayman Islands in January 2020, Jin’s wheelchairs are known for being ergonomic and lightweight and recently the company began making electric and ski-friendly models.

Once the domain of skilled tradespeople like mechanics, electricians, and plumbers, apprenticeships have been expanding their reach—and heading into the office. Companies faced with a labor shortage and ambitious goals for diversifying their workforces are launching apprenticeship programs to hire and train up employees in cyber security, accounting, data analytics, design, business operations, and more—creating opportunities in high-paying, salaried roles for people who have neither industry experience nor a four-year degree.