(1) encourage the development of an apprenticeship and training system through the voluntary cooperation of management, labor, and interested State agencies in cooperation with other states and the federal government;

(2) provide for the establishment and furtherance of standards of apprenticeship and training to safeguard the welfare of apprentices and trainees;

(3) contribute to a healthy economy by aiding in the development and maintenance of a skilled labor force sufficient in numbers and quality to meet the expanding needs of Maryland industry and to attract new industry;

(4) open to young people the opportunity to obtain training in skilled trades and other on-the-job occupations which will equip them for profitable employment and citizenship;

(5) establish an apprenticeship and training council and authorize the appointment of a Director;

(6) set up a program of planned apprenticeship under registered agreements, meeting standards established by the Office of Apprenticeship, U.S. Department of Labor; and

(7) promote employment opportunities for young people under conditions providing adequate training and reasonable earnings.