The Skilled JOBS Act amends federal apprenticeship law to establish new requirements for both registered apprenticeships and industry-recognized apprenticeship programs. The bill requires that apprenticeship sponsors employ at least one experienced journeyworker for every three apprentices in their program, ensuring adequate supervision and mentorship. The legislation also creates a new process for recognizing private and public entities as "standards recognition entities" that can certify industry-recognized apprenticeship programs, with the Department of Labor required to establish this recognition system within one year of the bill's enactment. The Secretary of Labor must complete a study within one year evaluating how the journeyworker ratio requirement affects apprentice safety, program costs, and whether the ratio should be adjusted based on those findings. No specific funding amounts are allocated in the bill; rather, it modifies existing apprenticeship structures to strengthen quality control and worker training across the apprenticeship system.