Shadow business minister Liam Byrne is to say that it is almost three times more difficult to win a Rolls-Royce apprenticeship than a place at Oxford.
In a speech outlining the need to create a better vocational track to degree level professional and technical skills, he will pledge a "new way forward" that is "pro-company and pro-worker".
Labour claims securing an apprenticeship is now twice as hard as getting a place at university.
According to figures obtained from the Department for Business, Innovation and Skills, the number of apprenticeship starts by under-25s has fallen by more than 11,000 under the coalition Government.
More top news
Police have charged Pope Francis's top financial adviser - Australia's most senior Vatican clergyman - with historical sex offences.
The scale of cyber crime is being underestimated because many cases are not reported to the police, according to the National Crime Agency.
Labour is set to call on MPs to put their support behind a "jobs first" Brexit in the final round of voting on the Queen's Speech.