meeting the challenges of a new economy in los angeles county

1. Meeting the Challenges of a New Economy in Los Angeles County Abel Alcocer Labor Market Consultant EDD/LMID Occidental College September 24, 2004 My name is Linda Reed Work for EDD/LMID. Our function is to provide LMI�. Introduce Cheryl..My name is Linda Reed Work for EDD/LMID. Our function is to provide LMI�. Introduce Cheryl..

2. Today�s Topics Los Angeles County�s Labor Market Today Tomorrow�s Economy, a Preview of our Industry and Occupational Outlook Today�s agenda includes...Today�s agenda includes...

3. Transformation of the EconomyIndustries 1900�s Production Manufacturing Natural resources based �Cars� 2000�s Information The Internet Biotechnology Knowledge What do we know about the economy� According to the Workforce Development Plan for the State of California, and we can see the evidence all around us, the economy in California has gone from being heavily based in manufacturing and defense related activities (as it was right after W.W.II) to the world of high technology - with such buzz words as the information super highway, biotechnology and multimedia. What do we know about the economy� According to the Workforce Development Plan for the State of California, and we can see the evidence all around us, the economy in California has gone from being heavily based in manufacturing and defense related activities (as it was right after W.W.II) to the world of high technology - with such buzz words as the information super highway, biotechnology and multimedia.

4. Job Cuts Consolidations Mergers Changes in the Occupational Structure Changes in Skill Requirements Effects of Each Transformation The effects of this transformation include: streamlined workforces layoffs plant closures and consolidations to name a few I already mentioned how the industry structure changed. Changes in industry structure affect the occupational structure�which in turn affects what skills are needed by employers... The effects of this transformation include: streamlined workforces layoffs plant closures and consolidations to name a few I already mentioned how the industry structure changed. Changes in industry structure affect the occupational structure�which in turn affects what skills are needed by employers...

5. Employers move jobs around the world. The workforce is aging and retirements could mean worker shortages. Increased demand for healthcare, leisure time activities, and business services. Emerging Trends

6. Los Angeles County - In Brief Population 10,103,000 (CA Department of Finance 1/1/2004 estimate) 4.5 million jobs in Los Angeles County Three largest industry sectors Trade, Transportation & Utilities (20%) Professional & Business Services (15%) Government (14%) Los Angeles County accounts for 27% of all the jobs in California (45% of all jobs in the State are in Southern California) 71% of all firms in Los Angeles County employ fewer than 5 individuals Read from slideRead from slide

7. Population(as of January 1, 2004) Los Angeles County 10,103,000 Los Angeles City 3,912,200 Long Beach 487,100 Glendale 205,300 Santa Clarita 164,900 Pomona 158,400 According to the Department of Finance.. The population in San Diego County on January 1, 2000 was nearly 3 million. San Diego County is the second largest county in California. (Los Angeles County is the largest with nearly 10 million residents. Orange County is third with 2,828,400) The 5 largest cities account for 63 percent of the total population of the county. San Diego City - 2nd largest city in California (LA 3,822,955) Chula Vista Oceanside Escondido El Cajon Note: The population of California is around 34.4 million According to the Department of Finance.. The population in San Diego County on January 1, 2000 was nearly 3 million. San Diego County is the second largest county in California. (Los Angeles County is the largest with nearly 10 million residents. Orange County is third with 2,828,400) The 5 largest cities account for 63 percent of the total population of the county. San Diego City - 2nd largest city in California (LA 3,822,955) Chula Vista Oceanside Escondido El Cajon Note: The population of California is around 34.4 million

8. Industry Vs. Occupation

9. Employment by IndustryLos Angeles County(August 2004)

10. Projected Industry GrowthLos Angeles County2001 and Projected 2008(In Thousands) Where do we expect to see job growth? Across the board - with the exception of mining. The services sector will provide many of our jobs in the coming years. Secondly will be retail trade For a bit more detail�.next slide Where do we expect to see job growth? Across the board - with the exception of mining. The services sector will provide many of our jobs in the coming years. Secondly will be retail trade For a bit more detail�.next slide

11. Changing Demandson Employees The average worker changes employers an average of six times. The new workplace demands workers who can take on a greater variety of tasks. Skills, not job titles, are the key to the future. The atmosphere of the new economy has placed new demands on employees. Lifetime employment with 1 employer is a thing of the past. Workers must be competent in a variety of areas.The atmosphere of the new economy has placed new demands on employees. Lifetime employment with 1 employer is a thing of the past. Workers must be competent in a variety of areas.

12. Essential Employability Skills Accountability for Actions Common Sense Continual Learning Cooperativeness Flexibility Dependability Integrity Motivation Work Habits What are employers telling us about the kind of workers they need? What skills are essential to remain competitive? These are the skills that employers are saying as essential. Read from slide. What are employers telling us about the kind of workers they need? What skills are essential to remain competitive? These are the skills that employers are saying as essential. Read from slide.

13. Future Jobs About 52% of the new jobs in Los Angeles County between 2001 and 2008 will be in the Services industry sector. (197,200) Retail Trade will expand by 65,000 jobs. Government jobs are expected to increase by 49,800. What is the economic outlook for San Diego County? Most of the new jobs will be in the services sector. Second is retail trade. Remember - These are 2 of the largest sectors in San Diego County. There is a myth that jobs in the services sector are all low paying jobs. Lets see if I can dispel this myth a bit...What is the economic outlook for San Diego County? Most of the new jobs will be in the services sector. Second is retail trade. Remember - These are 2 of the largest sectors in San Diego County. There is a myth that jobs in the services sector are all low paying jobs. Lets see if I can dispel this myth a bit...

14. Projected Industry GrowthLos Angeles County2001 and Projected 2008 Gainers Services Retail Trade Government Transportation & Public Utilities Construction Finance, Insurance & Real Estate Wholesale Trade Business services will provide more than 92,000 additional jobs between 1997-2004. Business services includes: advertising agencies, credit reporting agencies, temporary help agencies, computer and data processing programming, security guard services, pest control, equipment rental and leasing, photocopying and duplicating services, commercial photography, direct mail services, employment agencies Engineering and Management Services: engineering services, architectural services, biotechnology, accounting and bookkeeping services, management and public relations Health services: THINK OF THE KINDS OF JOBS THAT ARE ASSOCIATED WITH THESE TYPES OF BUSINESS. THIS IS WHERE WE EXPECT TO SEE JOB GROWTH. Many people think of jobs in fast food restaurants as part of the services sector. Restaurants are actually part of the retail trade industry.Business services will provide more than 92,000 additional jobs between 1997-2004. Business services includes: advertising agencies, credit reporting agencies, temporary help agencies, computer and data processing programming, security guard services, pest control, equipment rental and leasing, photocopying and duplicating services, commercial photography, direct mail services, employment agencies Engineering and Management Services: engineering services, architectural services, biotechnology, accounting and bookkeeping services, management and public relations Health services: THINK OF THE KINDS OF JOBS THAT ARE ASSOCIATED WITH THESE TYPES OF BUSINESS. THIS IS WHERE WE EXPECT TO SEE JOB GROWTH. Many people think of jobs in fast food restaurants as part of the services sector. Restaurants are actually part of the retail trade industry.

15. Occupations with the Greatest Absolute GrowthLos Angeles County2001 and Projected 2008 Retail Salespersons 13,940 Security Guards 11,690 Cashiers 11,210 Teacher Assistants 10,160 Janitors & Cleaners 9,670 Customer Service 9,500 Representatives Top 8 occupations showing growth. Full list is available on LMID web site and I will provide address later in the presentation. Elaborate when possible Side note that is true in Los Angeles County. Need to check the matrix/reverse matrix to see what industry in San Diego County has the most general managers and top execs. General Managers and Top Executives is directly related to the motion picture industry . Also remember that nearly 70% of the employers in LA County have fewer that 5 employers - each of these businesses have someone who falls into this occupational grouping. Top 8 occupations showing growth. Full list is available on LMID web site and I will provide address later in the presentation. Elaborate when possible Side note that is true in Los Angeles County. Need to check the matrix/reverse matrix to see what industry in San Diego County has the most general managers and top execs. General Managers and Top Executives is directly related to the motion picture industry . Also remember that nearly 70% of the employers in LA County have fewer that 5 employers - each of these businesses have someone who falls into this occupational grouping.

16. Occupations With the Fastest Job GrowthLos Angeles County2001 and Projected 2008 Computer Support Specialists 53.4% Network & Computer Systems 46.0% Administrators Computer Software Engineers 42.6% (Applications) Computer Software Engineers 40.7% (Systems Software) Computer Systems Analyst 24.8% Pharmacy Technicians 22.3% Construction Laborers 21.7% A few of the growing occupations. Wide range. A few of the growing occupations. Wide range.

17. Emerging Industries

18. Selected Occupations for Emerging Industries Health Registered Nurses Medical Assistants Construction Construction Laborers Operating Engineers & Other Construction Equipment Operators

19. Selected Skills Attention to Detail Recognition of problems and reporting them Social Perceptiveness Judgment and Decision Making Customer and Personal Service Critical Thinking Operations Analysis

20. Thank You