1 / 20

An overview of San Mateo County “younger” demographics and workforce retention issues

An overview of San Mateo County “younger” demographics and workforce retention issues. David C. Latterman University of San Francisco April 2013. Talk overview. San Mateo age demographics and projections Economic stats Housing stats Other factors to attract retain younger residents

ogden
Download Presentation

An overview of San Mateo County “younger” demographics and workforce retention issues

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. An overview of San Mateo County “younger” demographics and workforce retention issues David C. Latterman University of San Francisco April 2013

  2. Talk overview • San Mateo age demographics and projections • Economic stats • Housing stats • Other factors to attract retain younger residents • Political considerations • Summary: SM County is economically in good shape, will need housing to keep up. SM Co. is more than just tech for younger workers. Will need to compete to prioritize workforce retention in public policy. Younger residents have their own needs.

  3. Factors in regional job attraction and retention • Jobs • Housing • Proximity or transit to jobs • Culture • Schools and family friendly

  4. SM County overview Source: US Census

  5. Source: US Census

  6. Source: US Census

  7. Source: US Census

  8. Population changes since 2000 Source: US Census

  9. SM Co. pop projections to 2060 Total pop Source: Cal DoF

  10. Econ stats, Feb 2013 Source: Cal LMI

  11. Current jobs and projections, SM Co. Source: Cal LMI

  12. Where we are • Going to add ~200K jobs from 2010-2020 • Most of SM Co. is employed, so workers have to mostly come from somewhere else • Will need to add housing and office space to accommodate • If not, people will move to SF and South Bay, and will eventually look for opportunities closer to home

  13. Projected Housing Growth • Redwood city: 2153 units • SSF: ~250 res units and a lot of office space • Daly City: Perceived need of 700 units after 2009 • Brisbane: Baylands • San Mateo: Bay Meadows • Probably not enough, even without the NIMBYs

  14. Other factors for younger workers • Transit • If workers live in SF of South Bay (or within SM Co.), need better transit • Climate change will deprioritize roads, eventually • Culture • Will young workers want to “hang out” in SM Co.? • Family growth • Schools, parks…a lot of this is the government(s) • What does housing look like? (2-3 bd)

  15. A word about voter turnout, civic engagement in SM Co. Nov 2012: 72% Obama Nov 2010: 66% Brown Source: Cal MVF

  16. Conclusions • While a lot of new jobs will be tech, it won't be all of them.  So while we can focus on young techies, don't overthink them. • Most new jobs will have young people coming from without.  So there better be housing for them, and things to do.  Moreover, there should be housing families can grow into.  And easy commutes. • We in San Francisco are always looking to poach these people.  As is Silicon Valley.  What does SM County offer? • In the big public policy picture , the aging workforce is going to swamp any Gen X/Y issues.  If you care about retaining younger workers, then you need to make an argument as to why they should get priority over the older residents.

  17. Extras

  18. SM Co. Political Index

  19. Major SM Co. Employers, 2013 Source: Cal LMI

More Related