DRIVE with Jim Farley

← DRIVE with Jim Farley8 May · 26 min

Bonus Episode: Jim Farley & Mike Rowe on the Essential Economy

Bonus Episode: Jim Farley & Mike Rowe on the Essential Economy8 May26 min

In this bonus episode of DRIVE, Ford CEO Jim Farley continues his conversation with Mike Rowe about the “essential economy” and why America is increasingly vulnerable due to shortages of construction, industrial, emergency services, and skilled trade workers. Rowe explains how COVID re-highlighted essential workers, how his MikeRoweWORKS foundation began amid the 2009 recession despite millions of open jobs, and why shortages become real to people only when repairs and services fail. Mike and Jim discuss the need to rebuild respect for skilled work through trade schools, scholarships, apprenticeships, and company-led training.

00:00 Leadership That Pivots

00:21 Why the Essential Economy Matters

01:26 America’s Skilled-Worker Vulnerability

04:11 The Skill Gap Nobody Saw

05:39 When Shortages Hit Home

11:09 Trade Schools

12:33 Brand Beyond Features

13:17 Future Proofing and AI

15:29 Manufacturing Jobs Gap

18:48 Teaching Hands On Skills

23:53 Let Customers Speak