Remarks by President Trump at the Inaugural Meeting of the President's National Council for the American Worker | Eastern North Carolina Now

Press Release:

    Roosevelt Room  •  September 17, 2018  •  2:30 P.M. EDT

    MS. TRUMP: Thank you, Mr. President, on behalf of my co-chairs, Secretary Ross and Secretary Acosta, and Andrew Bremberg from - Assistant to the President and - at DPC here at the White House.

    This was the first interagency meeting of the National Council for the American Worker. It was incredibly productive. We talked about, obviously, the booming and robust economy that has created unprecedented opportunity and really creating tremendous potential for so many who have been on the sidelines of the economy and now entering the workforce. And we want to ensure that they're equipped with the skills and the training needed to thrive in our modern economy.

    So we are working towards developing what was in your executive order, which is the National Workforce Strategy. The most critical ways that we're doing that is leveraging data to create transparency around educational outcomes; to ensure that we're making available the data so that people know where the vacant jobs are located, where the best use of their time is spent; to ensure that they're getting the skills and credentials that will enable them to secure a family-sustaining job. And then, of course, working with the private sector to ensure that they step up to the plate and join this effort, and partner with us to invest in their own workforces.

    So, since launch of this initiative, we have gotten over 100 companies to step up and sign our Pledge to America's Workers and commit to reskilling over 4.3 million American workers and offering them new jobs.

    So we're very excited about this initiative. It's just getting started. And this was a great kick-off meeting. So thank you for being here, and thank you for your engagement to ensuring that all Americans have an opportunity to thrive in this booming economy.

    THE PRESIDENT: Well, Ivanka, thank you very much. And I'm thrilled to join you for the inaugural meeting of the National Council for the American Worker. We've done some incredible numbers, and we'll have some of those folks speaking about that in a little while. But numbers that nobody thought - at least this quickly - we've been here less than two years, and nobody can believe the numbers they're seeing. A lot of it's the spirit of the country. You look at all of the polling coming out, people are more optimistic about our country and about business than they have been in many, many years. In some cases, since the beginning of these polls.

    I also want to take a moment to send our thoughts to the incredible people of North Carolina, South Carolina, Virginia, and everyone else affected by Hurricane Florence.

    The federal government has dispatched nearly 20,000 federal and military personnel to assist in the response and recovery effort. These are incredible people. They're really putting their lives at stake and they're putting their lives on the line every single day. They're out there for many, many hours out of a 24-hour day, and they're working hard.

    Every relevant federal resource is marshaled to help those in need. Many lives have been saved already. You've been covering it, actually, very fairly. But the job they're doing is incredible.

    I just want to finish that by saying our administration is in constant contact with local and state authorities, and we will not rest until that job is done, and done perfectly.

    I just want to thank all of the first responders, the FEMA folks, and everybody else involved, including law enforcement. They have been incredible. And it's a very, very dangerous situation. You have collapses, you have slides; you have things that are happening that are very scary. That's why all of a sudden they're getting calls from people that we wish they didn't stay but they stayed. And they're going in and they're saving their lives. A lot of lives have been saved. So I want to thank them very, very much. We appreciate it.

    We're here today to talk about workforce development. And I'd like to begin by thanking Ivanka and all of the folks around this table who have worked tirelessly in the devotion of ensuring that no American worker is going to be left behind.

    Our country is doing better possibly than - we can say, in an economic front - than it's ever done before. We don't want to leave workers behind. And that won't happen. Most are going with it and doing really well. Nobody is going to be left behind.

    I also want to thank Secretary Wilbur Ross, Secretary Alex Acosta, Director Mick Mulvaney, and Administrator Linda McMahon. They have been working along with Ivanka and a whole group of people - large group of people - on workforce development, and it's really making a big, big difference, because we have companies moving into our country like probably never before. In many cases, they're moving back. They left years ago and they're coming back because they all want a part of the action. Our country is hot and it's successful, and people want to be here.

    We've created more than 4 million jobs since the election, with more than 200,000 jobs created just last month alone. More Americans are employed than ever before in our country. In the history of our country, today - as of today - we have more people working than they have ever had working before.

    Middle class income reached its all-time high. That just came out, that number. And it reached it by all a lot. Jobless claims are at their lowest level in nearly 50 years. Almost 3.9 million Americans have been lifted off food stamps since the election. Now, that's a big, beautiful number. There are a record number of job openings, and the number of workers quitting their current jobs has hit at an all-time high. Now, that doesn't sound good, but actually, it is good. They're leaving jobs because they're getting better jobs and they're getting more money.

    So that's a statistic, Linda, that I wouldn't say sounds great, but it is great.

    ADMINISTRATOR MCMAHON: It is very great.

    THE PRESIDENT: They're all looking for better jobs. They're going up and they're getting more money.

    Before my election, less than half of the manufacturers were optimistic about the future. Today - so think of that: less than half, meaning they weren't very optimistic - today's number is exactly 95 percent, and I expect that's going to go higher too. That's a big, big number because people go out and they invest because they're optimistic about our country. And that means jobs and it means a lot of other things.

    Thanks to the work of everybody around this room, employers across the country have taken our Pledge to American Workers and they've committed to training more than 4.2 million American workers for American jobs.

    We have so many companies that are just incredible, what they're doing. The money they're spending on the training programs are incredible. Frankly, you wouldn't be able to do it through government, the quality of training. You wouldn't be able to do it as a government program. These companies are really something. And you know the list of companies - they're really a "who's who" of companies in this world, in our world and in our country. And I want to thank them. A couple of them have been picking up training for over 900,000 people. That's really something to see.

    The task of the council is to develop a national strategy to ensure that all American students and workers have access to affordable results-driven education, preparing them to fill the jobs of the future and to make a great, great living; to make, frankly, more money than they've ever made before; and to enjoy their job more than they've ever done before. It's very exciting.

    In this mission, we are partnering with the private sector to identify the most innovative on-the-job training programs that will provide our citizens with the skills that they need to thrive and to grow. We believe in vocational education - very important word. I've asked to be - to have that word brought back. When I was young, I remember seeing schools - they were called "vocational schools," where people that had great talent at mechanical things, fixing engines, and laying brick, and plumbing and electricity, and electric. These were incredibly talented people. People going to college with me didn't have their talent for that - and never would have their talent for that.

    So, vocational is very important, and these are some of the best jobs in our country. So we believe in vocational education. We believe in lifelong learning. And we believe in saving taxpayer dollars while producing greater results for our workers. That is having the private sector train millions and millions of people for future jobs. Because it's different; jobs are much different today than they were even 10 years ago.

    So I want to thank every member of the National Council for the American Worker. Really, a great group of people. And I want to thank you very much for being here and working so hard. Together we will build the greatest vocational programs so that American workers can follow their dreams, earn a great living, and enjoy a truly rewarding career.

    I just want to say that so many companies are coming back, and many of these companies have agreed to train their worker so that we don't even have to get government involved, other than making the process a little bit easier and a little bit better. It's a really great thing to see. Millions and millions of jobs. And these are highly skilled jobs, in many cases.

    So I want to thank you all. I think I might just go around and ask a couple of the folks at the table where things are going, where they see it. We have a tremendously talented guy, Kevin Hassett, who has, along with me, predicted where we'd be now. And as you know, we hit 4.1 GDP, and that was adjusted upward to 4.2. And I think we're going to have a lot of great quarters, hopefully even much higher than that.

    But if we would have said during the campaign that we were going to be in the fours, people would have sort of smiled or laughed, or said we're not - you know, we must be kidding. If you look at where we were, we were really at one, and we were heading down. I think we would have been minus-four or five, because that's where we were.

    We loosened up regulations. We have better regulations. But - and frankly, I think, in many ways, Kevin, they're tougher than they were. But you don't have to go through 10 years of a process and then find out you can or can't do something.

    So it's been a great thing. Kevin, could you just say a few words about the economy?

    CHAIRMAN HASSETT: Sure, sir. And I think that one way to think about the labor market right now is that, in January of 2017, the Congressional Budget Office forecasted how many jobs we would make this year, just a year ahead. And so far, this year, we're coming in at about double that pace.

    And I think that the sense of this table is that presents us with a historic opportunity, because the marginalized person - the person who was discouraged, the person who was forgotten, that you spoke to in the campaign - if you give them skills in a weak economy, they don't necessarily get a job. But if we can get them skills now, then we can reconnect them to the labor force and to society. And that's why our job here is urgent, and we're really pursuing it with an amount of vigor that even a bunch of my staff are at a vocational school today to study this so that we can do a better job, sir.

    THE PRESIDENT: And the economic numbers are even much better than we thought.

    CHAIRMAN HASSETT: They are. They are. That's right. And we're going to have to revise up our forecast for the next budget.

    THE PRESIDENT: We don't mind. (Laughter.) Just don't revise it down.

    I'd like to ask Alex Acosta, Secretary of Labor, to say a few words, please.

    SECRETARY ACOSTA: Mr. President, thank you. To follow on what Kevin mentioned, I was looking at the Federal Reserve Bank of Atlanta statistics recently, and they are predicting, for the third quarter, an even stronger GDP growth rate from the second quarter. That's a real testament to how strong this economy is.

    You've asked us to focus on jobs, more jobs, and even more jobs. And since the election, this economy has created 4 million new net jobs. And that's incredible.

    We're around this table here because, for the first time since we've kept this data, we have had not for one month or two months, but for five months in a row, more open jobs than we have individuals looking for jobs. And so we have the skills gap. And this - everyone here is focused on how to empower the American worker with the skills needed for this modern economy, for the jobs that are being created out there every day.

    You asked us, and you formed a task force on apprenticeships. That task force did its work, delivered the report to you in six months, in May. Those recommendations have been largely implemented in July. And the applications for these new industry-recognized apprenticeships are now pending notice and comment. So far, since your election, this economy has created more than 350,000 new apprenticeships. And with the new approach to apprenticeships, that number is only going to increase. But there are so many other job skills that this group is working on, and it's very exciting.

    Thank you, Mr. President.

    THE PRESIDENT: And, Alex, I think importantly, wages - for the first time in many, many years, wages are going up and people are able to make more money doing a job that they like because they have options now. They have - they'll look at 5 or 6 or 10 jobs, and they'll take the one they like, and they'll make more money. Not just a money thing, but they'll also get paid more. That's the first time in many years.

    Could you just mention the association health plans that we're doing too? Because I think it's very important.

    SECRETARY ACOSTA: That's right. Under a new rule, chambers of commerce and industry associations can now come together and offer health insurance to their members' employees. And this is transformative.

    So many small businesses or smaller businesses really couldn't afford to offer healthcare. It was too complicated. The economies of scale weren't there. And so, currently, right now, those associations and chambers can offer healthcare. And if you look around the nation, you've seen chambers of commerce, from Texas to Nevada to Illinois, come together and say, we want to provide our members an opportunity to offer healthcare to their employees.

    You've also seen industry associations, like the National Restaurant Association, come together and say any restaurant in the nation, any small restaurant in the nation that wants to offer healthcare to its employees can now do it through the National Restaurant Association. That is transformative.

    THE PRESIDENT: It's working out to be a very big deal, and they're getting great, great healthcare at a very low cost. And you're coming out with another plan very soon that's going to be similar.

    One other thing. As you know, we have the remnants of Obamacare. One of the things that I'm very proud of is that we got rid of the individual mandate, which was a disaster for Obamacare and a disaster for people, where you had to pay a lot of money for the privilege of not having to pay for bad health insurance and healthcare.

    But the thing that I really am very happy to announce is that the rates are far lower than they would have been under the previous administration, or under a Democrat administration. We're holding the rates down. So that remnant is being able to - the remnant of Obamacare is much less expensive than people thought. They were going up, before I got here, at 118 percent, in some cases; 150 percent, 160 percent, 55 percent. We have the percentage going up at a much lower level because we're managing it very, very carefully. So we're very proud of that.

    Linda McMahon, could you say few words, please?