Capitalism depends on a well-functioning government. And vice versa. What most people don’t realize is that California’s State Government is equivalent to a fortune 50 company. Its 2018-2019 proposed budget is $190 Billion* and it employs up to 260,000 full-time employees. Overall, the public sector in CA plays a very…
Economic Updates
Transitioning from a World of Won and Done Workforce Development to Frequent Reskilling
The future of work was a prime topic at the Davos World Economic Forum Annual Meeting last week, greeted with a mix of optimism and concern for the dramatic shifts expected due to accelerating technological advancements. On one hand, these advancements promise to replace many low skill, low paying jobs…
Court of Appeal Win for the SCIG Rail Yard Project at the Port of L.A.
Last Friday the Court of Appeal of the State of California (First Appellate District – Division Three) released its judgment in a case brought by a coalition of environmental and community groups and Long Beach officials to halt the construction of BNSF Railway’s decade old proposal to invest $500 million…
Federal Tax Reform Update and Fact Sheet for Californians
When the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released the “Unified Framework for Fixing Our Broken Tax Code” in late September 2017, California’s State Controller’s Office put together a Federal Tax Reform Fact Sheet for Californians. Then last week the United…
LA County Workforce Snapshot and Trends
In the past few weeks, LAEDC‘s new Center for a Competitive Workforce published its inaugural report LA & Orange County Community Colleges: Powering Economic Opportunity and the Orange County Business Council released its annual Workforce Indicators Report for 2017-2018. Together, these publications provide an updated snapshot of the workforce in…
The Los Angeles Coalition for the Economy & Jobs – Weekly Report – October 15, 2017
L.A. Coalition members – Soraya M. Coley the President of Cal Poly Pomona and Miguel Santana, the President and CEO of the Fairplex are teaming up with Los Angeles County and the city of Pomona, to submit a bid to be home to a new campus for Amazon’s “HQ2”, a…
The Los Angeles Coalition for the Economy & Jobs – Weekly Update – October 9, 2017
Southern California Water Supply is Front & Center this Week This Tuesday October 10, the 38 board members of the Metropolitan Water Board of Southern California (MWD) will consider approving the district’s 26 percent share ($4.3 billion) of financing the California WaterFix project as well as moving forward on a governance structure…
California State University Update
Just over a third of American adults have a four-year college degree, the highest level ever measured by the U.S. Census Bureau. In a report released earlier this year, the Census Bureau said 33.4 percent of Americans 25 or older said they had completed a bachelor’s degree or higher. That’s a sharp…
Apprenticeships: Popular in Concept, Challenged in Implementation
There are few programs that receive as much widespread support and praise from policymakers as apprenticeship programs. Red states and blue states alike back the concept of apprenticeship and 95% of employers that host apprentices highly rate the experience. International studies suggest that for every dollar spent on an apprentice,…
Smart Cities
What is a Smart City Technology has been the driving force of economies worldwide – but what about cities? Cities have to develop efficient operational models to provide services and infrastructure for their citizens; however, most services and infrastructure are built on a mixture of technologies that can span decades. Moreover, the rate at which cities have…
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