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Rancho Santiago Community College District Chancellor’s Community Advisors. 2008- 2009 Workforce Report. Demographic projections about Orange County’s current and future workforce
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Rancho Santiago Community College District Chancellor’s Community Advisors
2008- 2009 Workforce Report • Demographic projections about Orange County’s current and future workforce • Information on Orange County’s students, with a particular emphasis on science, technology, engineering, and mathematics (STEM) • Employment trends in Orange County’s major industry clusters, newly defined this year and including emerging clusters such as biotechnology and nanotechnology • Projections of occupations showing fastest growth • Housing and rental costs from a workforce perspective
Recent Economic Challenges • Orange County’s unemployment rate currently stands at 5.7% in July 2008, up from 4.2% a year ago and 3.4% in 2006 • The financial and construction sectors accounted for nearly 2/3rds of job losses in the last year • Median home prices are down 28.5% in the last 12 months
How Our Neighbors Have Fared • San Diego County’s current unemployment rate is 6.4%. Orange County has nearly 200,000 more jobs • Los Angeles County’s unemployment rate is 7.8% versus 4.9% a year ago • San Bernardino County’s unemployment rate is 8.5%, Riverside County’s is 9.5%, with median home prices down over 35%
Orange County Has Been Here Before • In 1990, Orange County’s unemployment rate stood at 3.5%, rising to 5.3% in 1991, 6.7% in 1992, and peaking at 6.9% in 1993 • From then on, the Orange County economic engine began to create jobs, jobs, jobs • Beginning in the latter half of 1993, by 1999 Orange County created over 230,000 jobs taking the unemployment rate down to 2.7%
Are Demographics Destiny? Projected Ethnicity in OC 2000-2050
Business and Professional Services Management and Administration (sub-cluster) Construction Finance, Insurance, Real Estate Healthcare Information Technology Logistics and Transportation Transportation (sub-cluster) Manufacturing Advanced Manufacturing (sub-cluster) Hospitality and Tourism Hospitality (sub-cluster) Emerging Clusters Biotechnology and Nanotechnology Energy, Environment and Green Technologies 2008 Workforce Clusters
Top 10 OC Growth Occupations – Absolute Job Growth Next 10 Years
% of Population (25 or older) with a Bachelor’s Degree or Higher
High School Four Year Drop-Out Rate 2007 Orange County Statewide
SAT Scores 2007: OC Compared to Peers Orange County United States California
SAT Scores By OC School District, 2007 County State USA
English Learners – OC Compared to Neighboring Counties Orange County California
2008 STEM 11th and 12th Grade AP Enrollment – OC Compared to Peers Orange
2007 OC Enrollment in Upper Level Science and Math Courses by Gender
% Passing (3 or Greater) AP Test Scores – OC School Districts 2007 Statewide Orange County
Is School or District Preparing Students for Future Jobs? (School Leaders) Source: Project Tomorrow NetDay Survey
Is School Preparing You for a Good Job in the Future? (Students) Source: Project Tomorrow NetDay Survey