President Trump signed an executive order Thursday to expand apprenticeship programs for students and workers:
More via CNBC:: Trump wants 4.5 million new apprenticeships in five years
We're joined today by Secretary Acosta, Secretary Ross, and Administrator McMahon as we prepare to make a historic announcement to train Americans for the jobs of the future. We have a lot of companies moving into this country. You see the unemployment rate is at a very, very low level. Job enthusiasm and manufacturing, business enthusiasm is at record levels; never been higher.
And a lot of good numbers are coming out, including almost $4 trillion in gain to the stock markets since the election -- $4 trillion. We just signed a big deal yesterday for hundreds of millions of dollars worth of equipment and military equipment going to be made in this country, in our country, for other countries.
We've got it going. We have to make sure the people are here and they're going to be well trained. So I want to thank my daughter Ivanka and her leadership. She has worked so hard on this. She understands how important it is. We're training people to have great jobs and high-paying jobs.
And we're here today to celebrate the dignity of work. It's really a good term -- dignity of work. And the greatness of the American worker, which I've been celebrating for a long time; probably wouldn't be here if it weren't for the American worker. And the American worker sees what's happening in Michigan and in Ohio and in a lot of places that we've had a huge impact on just in a short period of time that I've been here and this administration has been involved.
We have a lot of companies moving in. A lot of plants are going to be built. A lot of plants are being expanded. And big ones are going to be announced very soon. We're going to hear some very big names that I can't tell you about now. We want to get them signed on the dotted line. We don't want to talk too quickly. It's called sign them on the dotted line, right?
In just a few moments, I'll be signing an executive order to expand apprenticeships and vocational training to help all Americans find a rewarding career, earn a great living, and support themselves and their families, and love going to work in the morning.
We will be removing federal restrictions that have prevented many different industries from creating apprenticeship programs. We have regulations on top of regulations. And in history, nobody has gotten rid of so many regulations as the Trump administration. And that's one of the reasons that you see the jobs and the companies all kicking in so strongly.
I think some very good numbers are going to be announced, by the way, in the very near future as to GDP.
So, we're empowering these companies, these unions, industry groups, federal agencies, to go out and create new apprenticeships for millions of our citizens. Apprenticeships place students into great jobs without the crippling debt of traditional four-year college degrees. Instead, apprentices earn while they learn, which is an expression we're using -- earn while you learn.
We're joined today by apprentices who know first-hand how these programs can bring new hope and new opportunities. We're also joined by some of the country's great governors, and I appreciate them very, very much for being here -- for being here. We just had a meeting in the Cabinet Room.