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Ford CEO Jim Farley To Host ‘Essential Economy’ Talks Next Week

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Ford CEO Jim Farley has touched on the subject of skilled trade in the U.S. and the many opportunities it’s facing on several occasions as of late, which he sees as a huge problem. This is due to the fact that many industries rely heavily on skilled tradesworkers, but there’s a shortage of folks interested in becoming just that, which threatens the very future of the economy. As Ford Authority. previously reported, Farley plans to meet with a group of leaders at the upcoming Ford Pro Accelerate event, now set to take place next week.

Jim Farley and a group of fellow business leaders will meet up at the kickoff of the Ford Pro Accelerate event at Michigan Central in Detroit, Michigan, on September 30th, and spend some time discussing the essential economy. Those interested in listening to this conversation can do so by subscribing to the automaker’s From the Road site here. They’ll want to select Ford Pro as one of their interests, and then opt in to receive communications regarding the latest updates. That discussion is set to stream from that same site starting at 10:30am Eastern.

Farley will meet with a group of leaders at the upcoming Ford Pro Accelerate event at the end of September at Michigan Central Station to discuss potential solutions to issues including labor shortages and declining productivity. The essential economy, as it’s known, is made up of 95 million workers in the U.S. across three million businesses in sectors such as service, energy, logistics, construction, and manufacturing, all of which play a key role in building and maintaining the overall economy. However, Farley says that it’s being ignored at the moment, which creates a huge problem moving forward.

“We will need to summon all the best ideas and to convene the disrupters and innovators – and set them to work on solving problems too often overlooked but that persist right under our noses,” Farley said. “Doing so isn’t just a smart investment for America’s future, it’s absolutely essential.”

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Brett Foote

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

View Comments

  • Our educational system is broken from top to bottom, especially higher education. It no longer provides anywhere near enough people with the mindset, skills, and tools to do what is needed.

  • I'm sure there are many executives who are more qualified than Failure Farley to host this summit. Failure Farley, as usual, is neglecting to address Ford Motor Company's number one problem, non-existent quality control, which is permanent at this moment.

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