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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

Updated 33 mins ago - Sports

U.S. swim team wins 6 Tokyo Olympics medals, including 1st gold

Chase Kalisz of Team United States celebrates after winning the Men's 400m Individual Medley Final on day two of the Tokyo 2020 Olympic Games at Tokyo Aquatics Centre in Tokyo, Japan. Photo: Al Bello/Getty Images

Swimmer Chase Kalisz has become the first Team United States Olympian to win gold at the Tokyo Games.

The big picture: The Rio 2016 silver medalist's winning time in the men's 400 meters Individual Medley Final was 4 minutes 9.42 seconds. His teammate Jay Litherland took silver, .86 seconds behind him.

Golfer Bryson DeChambeau will miss Olympics after testing positive for COVID

Bryson DeChambeau of the United States on the 18th tee during Day Two of the 149th Open at Royal St George’s Golf Club on July 16 in Sandwich, England. Photo: Andrew Redington/Getty Images

Golfer Bryson DeChambeau has tested positive for COVID-19 and will miss the Tokyo Olympic Games, USA Golf announced late Saturday.

What's happening: "Patrick Reed will replace DeChambeau and is undergoing the requisite testing protocol" Sunday and Monday before his expected departure for Japan, per a USA Golf statement.

In photos: Scenes from some of the worst fires raging in the U.S.

A home explodes into flames as the Dixie Fire rips through the Indian Falls neighborhood of unincorporated Plumas County, California, on July 24. The blaze started near the origin of the deadly 2018 Camp Fire and has churned burned over 185,000 acres. Photo: Josh Edelson/AFP via Getty Images

Out-of-state crews went to Montana to tackle a wildfire that wounded five firefighters as Australia sent a large air tanker to help Californian firefighting efforts, as 88 large blazes raged in the U.S. Saturday.

The big picture: Montana Gov. Greg Gianforte (R) tweeted his thanks to Utah and California for sending crews over the weekend, as the two states battle their own blazes. The Australian tanker arrived in Calif., this week, where Gov. Gavin Newsom (D) proclaimed a state of emergency for four northern counties Friday.