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Mike Allen interviewing Ivanka Trump at an Axios News Shapers. Photo: Chuck Kennedy for Axios

Last Thursday, Axios' Mike Allen hosted a conversation on workforce development and news of the day with Advisor to the President Ivanka Trump and EY CEO Mark Weinberger.

Why it mattered: The conversation took place on the heels of the White House's executive order that aims to lessen the job displacement effect of data and automation, by encouraging high-tech retraining for employees. Ivanka Trump also discussed immigration, paid family leave, tariffs, the media, and the Mueller probe.

Mike Allen and Ivanka Trump. Photo: Chuck Kennedy for Axios
Trump discusses workforce development plan

At the event, Trump discussed the 3.8 million new corporate commitments to apprenticeships and retraining of workers who may lose jobs to automation:

  • Walmart: 1 million
  • FedEx: 500k
  • Mastercard: An additional 75k
  • United: almost 16k new commitments

Trump on how the government can help fill job vacancies in the private sector:

  • Gathering/providing data: "For the first time in history, we have more vacant jobs than we have unemployed people [...] But if you ask the Bureau of Labor Statistics where the vacancies are, they can't tell you. They can tell you what industry the 6.6 million jobs are in, but they can't tell you where they are geographically, what skills are required for them, or what training programs will give you the skills to fill them. There's a lot we can do to work with the private sector and harness data so that people can make smarter choices about the education and skills they're requiring."
  • Promoting vocational training: "Vocational training is important. College isn't the right path for everyone [...] This administration is committed to creating alternative pathways. We don't want to imply there's one path to a great future."
Trump's take on...

Paid family leave: "Not in this Congress."

The media: "I do not" think the press is the enemy of the people.

Family separation: "I am very vehemently against."

Whether she has talked to Robert Mueller or knew about the Trump Tower Meeting in June 2016: "No and no"

Go deeper.

Mike Allen and EY CEO Mark Weinberger. Photo: Chuck Kennedy for Axios
EY's Mark Weinberger on ... the benefits of automation
  • "Jobs aren't going away, tasks are going away [...] algorithms help us do repetitive tasks [...] so when people don't have to do that, they can [focus] on other things."
  • "You're eventually going to be in a job that doesn't exist today, using technology not yet invented, solving a problem we don't know we have."
... how to lead millennials
  • What they're like: "Young people today are more tech savvy, more worldly, more socially understanding than any generation before."
  • What to give them: "It's really important for millennials to have the opportunity to speak up. They really want to have their voice heard."
  • What to tell them: "With millennials, I talk as much about [EY's] purpose as I do about our financials. They want to know why EY exists in the world, as much as they want to know how much they'll make the next paycheck."
... what school doesn't teach you
  • "In school we're taught how important individual test scores are and how smart you are. In the real world you're not doing anything alone. It's how well you serve on a team and how you empower others."
... the problem with quarterly earnings reports
  • "Business models are changing. You need long-term investment and long-term thinking in order to be sustainable over the long-term. You can manage quarter to quarter and miss the long term."
  • "We're working with a lot of businesses to move away from this shorter focus, which drives bad behavior. If you want to hit your quarterly earning, you stop providing education, and you stop investing in innovation. "
Guests in line for the Axios360 News Shapers. Photo: Chuck Kennedy for Axios

Thank you Bank of America for sponsoring this event.

Go deeper

2 hours ago - World

Special report: Trump's U.S.-China transformation

Illustration: Aïda Amer/Axios

President Trump began his term by launching the trade war with China he had promised on the campaign trail. By mid-2020, however, Trump was no longer the public face of China policy-making as he became increasingly consumed with domestic troubles, giving his top aides carte blanche to pursue a cascade of tough-on-China policies.

Why it matters: Trump alone did not reshape the China relationship. But his trade war shattered global norms, paving the way for administration officials to pursue policies that just a few years earlier would have been unthinkable.

McConnell: Trump "provoked" Capitol mob

Senate Majority Leader Mitch McConnell (R-Ky.) said on Tuesday that the pro-Trump mob that stormed the U.S. Capitol on Jan. 6 was "provoked by the president and other powerful people."

Why it matters: Trump was impeached by the House last week for "incitement of insurrection." McConnell has not said how he will vote in Trump's coming Senate impeachment trial, but sources told Axios' Mike Allen that the chances of him voting to convict are higher than 50%.

3 hours ago - Politics & Policy

GOP leaders skip Trump sendoff in favor of church with Biden

House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Mitch McConnell (R-Ky.), Senate Minority Leader Chuck Schumer (D-N.Y.) and House Minority Leader Kevin McCarthy (R-Calif.) in July. Photo by Erin Scott-Pool/Getty Images

Congressional leaders, including House GOP leader Kevin McCarthy and Senate Majority Leader Mitch McConnell, will skip President Trump's departure ceremony in Maryland tomorrow morning in favor of attending mass with incoming President Joe Biden ahead of his inauguration, congressional sources familiar with their plans tell Axios.

Why it matters: Their decision is a clear sign of unity before Biden takes the oath of office.