Mar 17, 2017

Exclusive: IBM to hire 2,000 more veterans, expand tech training schools

IBM

IBM CEO Ginni Rometty is among the tech leaders meeting Friday with President Trump and German Chancellor Angela Merkel, Axios has learned. They'll discuss worker training. And IBM will announce plans to:

  • Open 20 more of its P-TECH schools, which let students get a combined high school degree and associate degree in science and technology in as little as four and a half years. There are already 62 of the schools in six U.S. states and Australia. The 20 new schools are all slated to be in the U.S.
  • Hire 2,000 U.S. military veterans over the next four years and expand a program that trains and certifies veterans in the use of the type of IBM software often used by law enforcement, cybersecurity and national security agencies.

Why it matters: Rometty has been on Trump's business advisory committee, defending her engagement with Trump as the best way for the company to advance its positions. Announcing plans to hire veterans could generate further approval from a president eager to show he is creating U.S. jobs.

Go deeper

God and COVID-19

Alone at the Western Wall. Photo: Guy Prives/Getty Images

Few aspects of life bring as many people together as religion.

Why it matters: In most crises, that is a blessing. In a pandemic, it can be dangerous.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 1,587,209 — Total deaths: 94,850 — Total recoveries: 353,291Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 456,828 — Total deaths: 16,294 — Total recoveries: 25,119Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. States latest: FEMA has asked governors to decide by today if they want testing sites to be under state or federal control.
  6. World latest: Boris Johnson is moved out of ICU but remains in hospital with coronavirus.
  7. In Congress: Senate in stalemate over additional funding for small business relief program.
  8. 1 SNL thing: "Saturday Night Live" will return to the air this weekend with a remotely produced episode.
  9. What should I do? Hydroxychloroquine questions answeredPets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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How to understand the scale of American job decimation

Data: U.S. Bureau of Labor Statistics via St. Louis Fed; Chart: Naema Ahmed/Axios

Sentence from a nightmare: 6.6 million Americans filed for unemployment last week, a decline from the previous week's 6.9 million.

The big picture: Over the past three weeks, 1 in 10 working-age adults filed for unemployment, Axios' Courtenay Brown notes.