Scag

13 Dec 18
Liga Info

MÁLAGA – CÁDIZ (Fredag 21.00) MÁLAGA (W-L-L-W-D) Til weekendens vigtige andalusiske derby mod Cádiz har træner Muñiz ingen nye skader eller karantæner i truppen. Der kommer heller ikke nogen af de skadede spillere tilbage, så man står fuldstændigt som i sidste weekends udekamp mod Mallorca, hvor man vandt knebent med 2-1 og fik brudt den […]

12 Dec 18
Lisa Schweitzer

Bad proofreading day. Sorry.  So we got started on a gas tax regressivity discussion on Twitter the other day, with lots of people who have never published about gas tax regressivity explaining things to me, who has actually published on gas tax regressivity, about gas tax regressivity.  It’s been awhile since I worked on gas […]

12 Dec 18
Northern Golf Links

THE British & International Golf Greenkeepers Association has announced that Balmers GM has become an Education Supporter. It has been established in the turf machinery industry since 1979. Nearly 40 years later and the company has depots in Burnley and Wakefield, serving the West and South Yorkshire areas. Balmers GM will support the members of […]

06 Dec 18
A Dungeon Master's Diary

Hello and Welcome! In my last post, I spoke about the gear I like to use when I’m playing as a character. Today, I’m going to talk about the many tools I use when I play as a Dungeon Master. Now, before I begin, let me just say that 90% of this stuff is not […]

05 Dec 18
Daily Breeze
Southern California’s economy continues to power forward, but technology, shifting demographics and a persistent housing shortage have changed the way the region does business, according to a series of new economic reports. The studies, prepared by area economists for the Southern California Association of Governments, show that Los Angeles County, Orange County and the Inland Empire have reached historic levels of business and job growth. In fact, the six counties represented by SCAG (which also include Ventura and Imperial counties) have boosted their gross domestic product to $1.26 trillion from $992 billion in 2012. That’s larger than the economies of some nations, including Mexico, Indonesia and Turkey. The studies will be formally released Thursday, Dec. 6 at the ninth annual Southern California Economic Summit at the L.A. Hotel Downtown. “Southern California is one of the fastest-growing population and economic centers in the world, and the decisions we make now will impact us for generations to come,” SCAG President Alan D. Wapner said in a statement. The reports, Wapner said, provide an opportunity for stakeholders to better understand the opportunities and challenges the region faces so they can set the stage for “an extremely promising future.” But that future is going to look different. Automation continues to displace workers in manufacturing and low-wage jobs, a mounting trade war is hiking the cost of consumer goods, the region’s working-age population is shrinking and housing is in short supply. A 2017 report from the McKinsey Global Institute predicts that as many as 75 million U.S. jobs could be lost to automation by 2030. (Photo by Jeff Gritchen, Orange County Register/SCNG) “Automation is coming in waves,” said economist Somjita Mitra, director of the Los Angeles County Economic Development Corp.’s Institute for Applied Economics, which compiled the L.A. County report. “It’s predominantly affecting lower-skilled workers who can be replaced by machines. Businesses have increased their output with fewer workers. We need to upskill our workforce to make sure they won’t be affected.” A 2017 report from the McKinsey Global Institute predicts as many as 75 million U.S. jobs could be lost to automation by 2030 L.A. County:  Healthcare, advanced transportation are key drivers The L.A. County report shows much of its future job growth will come in health services, which will add 92,000 jobs over the next five years. Accommodation and food services will add 32,000 jobs, followed by information (26,000 jobs) and transportation and warehousing (25,000 jobs). Those industries have emerged as key drivers of economic expansion alongside entertainment and global trade. With a workforce of 4.4 million, L.A. County is expected to add 65,000 jobs this year and 234,000 over the next five years at an average annual rate of 1.1 percent. That will tighten the labor market and force wages up. But the largest number of new jobs will come in occupations that require a high school diploma or less and pay less than the county’s median annual wage of $40,340, the report said. On the plus side, the county’s economic recovery has prompted year-over-year declines in individual poverty rates. The rate in 2017 stood at 14.9 percent, the report said, down from a peak of 19.1 percent in 2012. L.A. County’s constrained supply of homes has left many with few housing options, and that has served to hike prices. The median price for a new home in 2017 was $643,430, well above the county’s earlier peak of $503,757 in 2007, and beyond the reach of most county residents. “We need as many units as can be built,” Mitra said. Orange County: A strong labor market, shifting demographics Orange County’s labor market remains strong, with its September 2018 unemployment rate of 2.8 percent landing well below the state and national rates of 3.9 and 3.6 percent. But the county’s working-age population is shrinking, and the number of retirees is on the rise – a trend that will make it tougher for employers to fill jobs. It will also place stress on the region’s healthcare network, including home health aides, medical clinics and hospitals. Data from the California Department of Finance show that Orange County’s school age, college age and working-age populations will shrink by 21 percent, 16 percent and 0.4 percent, respectively, between 2010 and 2060. The report, prepared by the Orange County Business Council, shows the county’s workforce is dominated by professional and business services (19.1 percent), leisure and hospitality (13.9 percent) and educational and health services (13.8 percent), with government, retail trade, financial activities and a host of other professions rounding things out. Business leaders, elected officials and policymakers should place a high priority on attracting and retaining young workers that will be needed to support the county’s rapidly aging population, the study said. And ensuring there is enough housing is a big piece of that. A recent council report, “Inside Orange County’s Retail E-volution,” proposes converting underperforming retail space into affordable housing units. Orange County accounted for nearly 24 percent of the six-county region’s GDP in 2017, thanks largely to a highly educated population and focused industry clusters that are attracting startups and more than $800 million a year in venture capital investments. Inland Empire: Job growth ramps up The level of poverty in the two-county region has declined significantly as employment has soared and unemployment dropped to historic lows, according to a report from Inland Empire economist John Husing. Employment growth in San Bernardino and Riverside counties is on track to surpass the region’s 2007 pre-recession high of 1.3 million employees by 210,389 jobs or 16.1 percent. That would bump the Inland Empire’s workforce above 1.5 million. A key challenge for the Inland Empire is education. Statistics show that 45.7 percent of adults 25 and over in the region had a high school diploma or less education in 2017. That far surpasses the 37.6 percent for the rest of Southern California, which includes Imperial, Los Angeles, Orange, San Diego and Ventura counties. The region has created nearly 350,000 jobs since the economic recovery began in 2011, with most of the growth coming in the core industries of logistics, healthcare and construction. “The most recent economic data and the overall trend since 2011 provide very good news,” Husing said, adding that he expects growth levels will be sustained. Struggling to earn enough It’s not all good news. A recent study from the Center for Social Innovation at UC Riverside shows many families in the region don’t make enough money to make ends meet, and numerous jobs don’t offer workers enough hours. The study found an Inland Empire family of four needs two working adults with jobs that pay more than $18 an hour to get by. But only 38 percent of jobs in the region pay that much.
05 Dec 18
San Gabriel Valley Tribune
Southern California’s economy continues to power forward, but technology, shifting demographics and a persistent housing shortage have changed the way the region does business, according to a series of new economic reports. The studies, prepared by area economists for the Southern California Association of Governments, show that Los Angeles County, Orange County and the Inland Empire have reached historic levels of business and job growth. In fact, the six counties represented by SCAG (which also include Ventura and Imperial counties) have boosted their gross domestic product to $1.26 trillion from $992 billion in 2012. That’s larger than the economies of some nations, including Mexico, Indonesia and Turkey. The studies will be formally released Thursday, Dec. 6 at the ninth annual Southern California Economic Summit at the L.A. Hotel Downtown. “Southern California is one of the fastest-growing population and economic centers in the world, and the decisions we make now will impact us for generations to come,” SCAG President Alan D. Wapner said in a statement. The reports, Wapner said, provide an opportunity for stakeholders to better understand the opportunities and challenges the region faces so they can set the stage for “an extremely promising future.” But that future is going to look different. Automation continues to displace workers in manufacturing and low-wage jobs, a mounting trade war is hiking the cost of consumer goods, the region’s working-age population is shrinking and housing is in short supply. A 2017 report from the McKinsey Global Institute predicts that as many as 75 million U.S. jobs could be lost to automation by 2030. (Photo by Jeff Gritchen, Orange County Register/SCNG) “Automation is coming in waves,” said economist Somjita Mitra, director of the Los Angeles County Economic Development Corp.’s Institute for Applied Economics, which compiled the L.A. County report. “It’s predominantly affecting lower-skilled workers who can be replaced by machines. Businesses have increased their output with fewer workers. We need to upskill our workforce to make sure they won’t be affected.” A 2017 report from the McKinsey Global Institute predicts as many as 75 million U.S. jobs could be lost to automation by 2030 L.A. County:  Healthcare, advanced transportation are key drivers The L.A. County report shows much of its future job growth will come in health services, which will add 92,000 jobs over the next five years. Accommodation and food services will add 32,000 jobs, followed by information (26,000 jobs) and transportation and warehousing (25,000 jobs). Those industries have emerged as key drivers of economic expansion alongside entertainment and global trade. With a workforce of 4.4 million, L.A. County is expected to add 65,000 jobs this year and 234,000 over the next five years at an average annual rate of 1.1 percent. That will tighten the labor market and force wages up. But the largest number of new jobs will come in occupations that require a high school diploma or less and pay less than the county’s median annual wage of $40,340, the report said. On the plus side, the county’s economic recovery has prompted year-over-year declines in individual poverty rates. The rate in 2017 stood at 14.9 percent, the report said, down from a peak of 19.1 percent in 2012. L.A. County’s constrained supply of homes has left many with few housing options, and that has served to hike prices. The median price for a new home in 2017 was $643,430, well above the county’s earlier peak of $503,757 in 2007, and beyond the reach of most county residents. “We need as many units as can be built,” Mitra said. Orange County: A strong labor market, shifting demographics Orange County’s labor market remains strong, with its September 2018 unemployment rate of 2.8 percent landing well below the state and national rates of 3.9 and 3.6 percent. But the county’s working-age population is shrinking, and the number of retirees is on the rise – a trend that will make it tougher for employers to fill jobs. It will also place stress on the region’s healthcare network, including home health aides, medical clinics and hospitals. Data from the California Department of Finance show that Orange County’s school age, college age and working-age populations will shrink by 21 percent, 16 percent and 0.4 percent, respectively, between 2010 and 2060. The report, prepared by the Orange County Business Council, shows the county’s workforce is dominated by professional and business services (19.1 percent), leisure and hospitality (13.9 percent) and educational and health services (13.8 percent), with government, retail trade, financial activities and a host of other professions rounding things out. Business leaders, elected officials and policymakers should place a high priority on attracting and retaining young workers that will be needed to support the county’s rapidly aging population, the study said. And ensuring there is enough housing is a big piece of that. A recent council report, “Inside Orange County’s Retail E-volution,” proposes converting underperforming retail space into affordable housing units. Orange County accounted for nearly 24 percent of the six-county region’s GDP in 2017, thanks largely to a highly educated population and focused industry clusters that are attracting startups and more than $800 million a year in venture capital investments. Inland Empire: Job growth ramps up The level of poverty in the two-county region has declined significantly as employment has soared and unemployment dropped to historic lows, according to a report from Inland Empire economist John Husing. Employment growth in San Bernardino and Riverside counties is on track to surpass the region’s 2007 pre-recession high of 1.3 million employees by 210,389 jobs or 16.1 percent. That would bump the Inland Empire’s workforce above 1.5 million. A key challenge for the Inland Empire is education. Statistics show that 45.7 percent of adults 25 and over in the region had a high school diploma or less education in 2017. That far surpasses the 37.6 percent for the rest of Southern California, which includes Imperial, Los Angeles, Orange, San Diego and Ventura counties. The region has created nearly 350,000 jobs since the economic recovery began in 2011, with most of the growth coming in the core industries of logistics, healthcare and construction. “The most recent economic data and the overall trend since 2011 provide very good news,” Husing said, adding that he expects growth levels will be sustained. Struggling to earn enough It’s not all good news. A recent study from the Center for Social Innovation at UC Riverside shows many families in the region don’t make enough money to make ends meet, and numerous jobs don’t offer workers enough hours. The study found an Inland Empire family of four needs two working adults with jobs that pay more than $18 an hour to get by. But only 38 percent of jobs in the region pay that much.
05 Dec 18
Whittier Daily News
Southern California’s economy continues to power forward, but technology, shifting demographics and a persistent housing shortage have changed the way the region does business, according to a series of new economic reports. The studies, prepared by area economists for the Southern California Association of Governments, show that Los Angeles County, Orange County and the Inland Empire have reached historic levels of business and job growth. In fact, the six counties represented by SCAG (which also include Ventura and Imperial counties) have boosted their gross domestic product to $1.26 trillion from $992 billion in 2012. That’s larger than the economies of some nations, including Mexico, Indonesia and Turkey. The studies will be formally released Thursday, Dec. 6 at the ninth annual Southern California Economic Summit at the L.A. Hotel Downtown. “Southern California is one of the fastest-growing population and economic centers in the world, and the decisions we make now will impact us for generations to come,” SCAG President Alan D. Wapner said in a statement. The reports, Wapner said, provide an opportunity for stakeholders to better understand the opportunities and challenges the region faces so they can set the stage for “an extremely promising future.” But that future is going to look different. Automation continues to displace workers in manufacturing and low-wage jobs, a mounting trade war is hiking the cost of consumer goods, the region’s working-age population is shrinking and housing is in short supply. A 2017 report from the McKinsey Global Institute predicts that as many as 75 million U.S. jobs could be lost to automation by 2030. (Photo by Jeff Gritchen, Orange County Register/SCNG) “Automation is coming in waves,” said economist Somjita Mitra, director of the Los Angeles County Economic Development Corp.’s Institute for Applied Economics, which compiled the L.A. County report. “It’s predominantly affecting lower-skilled workers who can be replaced by machines. Businesses have increased their output with fewer workers. We need to upskill our workforce to make sure they won’t be affected.” A 2017 report from the McKinsey Global Institute predicts as many as 75 million U.S. jobs could be lost to automation by 2030 L.A. County:  Healthcare, advanced transportation are key drivers The L.A. County report shows much of its future job growth will come in health services, which will add 92,000 jobs over the next five years. Accommodation and food services will add 32,000 jobs, followed by information (26,000 jobs) and transportation and warehousing (25,000 jobs). Those industries have emerged as key drivers of economic expansion alongside entertainment and global trade. With a workforce of 4.4 million, L.A. County is expected to add 65,000 jobs this year and 234,000 over the next five years at an average annual rate of 1.1 percent. That will tighten the labor market and force wages up. But the largest number of new jobs will come in occupations that require a high school diploma or less and pay less than the county’s median annual wage of $40,340, the report said. On the plus side, the county’s economic recovery has prompted year-over-year declines in individual poverty rates. The rate in 2017 stood at 14.9 percent, the report said, down from a peak of 19.1 percent in 2012. L.A. County’s constrained supply of homes has left many with few housing options, and that has served to hike prices. The median price for a new home in 2017 was $643,430, well above the county’s earlier peak of $503,757 in 2007, and beyond the reach of most county residents. “We need as many units as can be built,” Mitra said. Orange County: A strong labor market, shifting demographics Orange County’s labor market remains strong, with its September 2018 unemployment rate of 2.8 percent landing well below the state and national rates of 3.9 and 3.6 percent. But the county’s working-age population is shrinking, and the number of retirees is on the rise – a trend that will make it tougher for employers to fill jobs. It will also place stress on the region’s healthcare network, including home health aides, medical clinics and hospitals. Data from the California Department of Finance show that Orange County’s school age, college age and working-age populations will shrink by 21 percent, 16 percent and 0.4 percent, respectively, between 2010 and 2060. The report, prepared by the Orange County Business Council, shows the county’s workforce is dominated by professional and business services (19.1 percent), leisure and hospitality (13.9 percent) and educational and health services (13.8 percent), with government, retail trade, financial activities and a host of other professions rounding things out. Business leaders, elected officials and policymakers should place a high priority on attracting and retaining young workers that will be needed to support the county’s rapidly aging population, the study said. And ensuring there is enough housing is a big piece of that. A recent council report, “Inside Orange County’s Retail E-volution,” proposes converting underperforming retail space into affordable housing units. Orange County accounted for nearly 24 percent of the six-county region’s GDP in 2017, thanks largely to a highly educated population and focused industry clusters that are attracting startups and more than $800 million a year in venture capital investments. Inland Empire: Job growth ramps up The level of poverty in the two-county region has declined significantly as employment has soared and unemployment dropped to historic lows, according to a report from Inland Empire economist John Husing. Employment growth in San Bernardino and Riverside counties is on track to surpass the region’s 2007 pre-recession high of 1.3 million employees by 210,389 jobs or 16.1 percent. That would bump the Inland Empire’s workforce above 1.5 million. A key challenge for the Inland Empire is education. Statistics show that 45.7 percent of adults 25 and over in the region had a high school diploma or less education in 2017. That far surpasses the 37.6 percent for the rest of Southern California, which includes Imperial, Los Angeles, Orange, San Diego and Ventura counties. The region has created nearly 350,000 jobs since the economic recovery began in 2011, with most of the growth coming in the core industries of logistics, healthcare and construction. “The most recent economic data and the overall trend since 2011 provide very good news,” Husing said, adding that he expects growth levels will be sustained. Struggling to earn enough It’s not all good news. A recent study from the Center for Social Innovation at UC Riverside shows many families in the region don’t make enough money to make ends meet, and numerous jobs don’t offer workers enough hours. The study found an Inland Empire family of four needs two working adults with jobs that pay more than $18 an hour to get by. But only 38 percent of jobs in the region pay that much.
05 Dec 18
Pasadena Star News
Southern California’s economy continues to power forward, but technology, shifting demographics and a persistent housing shortage have changed the way the region does business, according to a series of new economic reports. The studies, prepared by area economists for the Southern California Association of Governments, show that Los Angeles County, Orange County and the Inland Empire have reached historic levels of business and job growth. In fact, the six counties represented by SCAG (which also include Ventura and Imperial counties) have boosted their gross domestic product to $1.26 trillion from $992 billion in 2012. That’s larger than the economies of some nations, including Mexico, Indonesia and Turkey. The studies will be formally released Thursday, Dec. 6 at the ninth annual Southern California Economic Summit at the L.A. Hotel Downtown. “Southern California is one of the fastest-growing population and economic centers in the world, and the decisions we make now will impact us for generations to come,” SCAG President Alan D. Wapner said in a statement. The reports, Wapner said, provide an opportunity for stakeholders to better understand the opportunities and challenges the region faces so they can set the stage for “an extremely promising future.” But that future is going to look different. Automation continues to displace workers in manufacturing and low-wage jobs, a mounting trade war is hiking the cost of consumer goods, the region’s working-age population is shrinking and housing is in short supply. A 2017 report from the McKinsey Global Institute predicts that as many as 75 million U.S. jobs could be lost to automation by 2030. (Photo by Jeff Gritchen, Orange County Register/SCNG) “Automation is coming in waves,” said economist Somjita Mitra, director of the Los Angeles County Economic Development Corp.’s Institute for Applied Economics, which compiled the L.A. County report. “It’s predominantly affecting lower-skilled workers who can be replaced by machines. Businesses have increased their output with fewer workers. We need to upskill our workforce to make sure they won’t be affected.” A 2017 report from the McKinsey Global Institute predicts as many as 75 million U.S. jobs could be lost to automation by 2030 L.A. County:  Healthcare, advanced transportation are key drivers The L.A. County report shows much of its future job growth will come in health services, which will add 92,000 jobs over the next five years. Accommodation and food services will add 32,000 jobs, followed by information (26,000 jobs) and transportation and warehousing (25,000 jobs). Those industries have emerged as key drivers of economic expansion alongside entertainment and global trade. With a workforce of 4.4 million, L.A. County is expected to add 65,000 jobs this year and 234,000 over the next five years at an average annual rate of 1.1 percent. That will tighten the labor market and force wages up. But the largest number of new jobs will come in occupations that require a high school diploma or less and pay less than the county’s median annual wage of $40,340, the report said. On the plus side, the county’s economic recovery has prompted year-over-year declines in individual poverty rates. The rate in 2017 stood at 14.9 percent, the report said, down from a peak of 19.1 percent in 2012. L.A. County’s constrained supply of homes has left many with few housing options, and that has served to hike prices. The median price for a new home in 2017 was $643,430, well above the county’s earlier peak of $503,757 in 2007, and beyond the reach of most county residents. “We need as many units as can be built,” Mitra said. Orange County: A strong labor market, shifting demographics Orange County’s labor market remains strong, with its September 2018 unemployment rate of 2.8 percent landing well below the state and national rates of 3.9 and 3.6 percent. But the county’s working-age population is shrinking, and the number of retirees is on the rise – a trend that will make it tougher for employers to fill jobs. It will also place stress on the region’s healthcare network, including home health aides, medical clinics and hospitals. Data from the California Department of Finance show that Orange County’s school age, college age and working-age populations will shrink by 21 percent, 16 percent and 0.4 percent, respectively, between 2010 and 2060. The report, prepared by the Orange County Business Council, shows the county’s workforce is dominated by professional and business services (19.1 percent), leisure and hospitality (13.9 percent) and educational and health services (13.8 percent), with government, retail trade, financial activities and a host of other professions rounding things out. Business leaders, elected officials and policymakers should place a high priority on attracting and retaining young workers that will be needed to support the county’s rapidly aging population, the study said. And ensuring there is enough housing is a big piece of that. A recent council report, “Inside Orange County’s Retail E-volution,” proposes converting underperforming retail space into affordable housing units. Orange County accounted for nearly 24 percent of the six-county region’s GDP in 2017, thanks largely to a highly educated population and focused industry clusters that are attracting startups and more than $800 million a year in venture capital investments. Inland Empire: Job growth ramps up The level of poverty in the two-county region has declined significantly as employment has soared and unemployment dropped to historic lows, according to a report from Inland Empire economist John Husing. Employment growth in San Bernardino and Riverside counties is on track to surpass the region’s 2007 pre-recession high of 1.3 million employees by 210,389 jobs or 16.1 percent. That would bump the Inland Empire’s workforce above 1.5 million. A key challenge for the Inland Empire is education. Statistics show that 45.7 percent of adults 25 and over in the region had a high school diploma or less education in 2017. That far surpasses the 37.6 percent for the rest of Southern California, which includes Imperial, Los Angeles, Orange, San Diego and Ventura counties. The region has created nearly 350,000 jobs since the economic recovery began in 2011, with most of the growth coming in the core industries of logistics, healthcare and construction. “The most recent economic data and the overall trend since 2011 provide very good news,” Husing said, adding that he expects growth levels will be sustained. Struggling to earn enough It’s not all good news. A recent study from the Center for Social Innovation at UC Riverside shows many families in the region don’t make enough money to make ends meet, and numerous jobs don’t offer workers enough hours. The study found an Inland Empire family of four needs two working adults with jobs that pay more than $18 an hour to get by. But only 38 percent of jobs in the region pay that much.
05 Dec 18
Press Enterprise
Southern California’s economy continues to power forward, but technology, shifting demographics and a persistent housing shortage have changed the way the region does business, according to a series of new economic reports. The studies, prepared by area economists for the Southern California Association of Governments, show that Los Angeles County, Orange County and the Inland Empire have reached historic levels of business and job growth. In fact, the six counties represented by SCAG (which also include Ventura and Imperial counties) have boosted their gross domestic product to $1.26 trillion from $992 billion in 2012. That’s larger than the economies of some nations, including Mexico, Indonesia and Turkey. The studies will be formally released Thursday, Dec. 6 at the ninth annual Southern California Economic Summit at the L.A. Hotel Downtown. “Southern California is one of the fastest-growing population and economic centers in the world, and the decisions we make now will impact us for generations to come,” SCAG President Alan D. Wapner said in a statement. The reports, Wapner said, provide an opportunity for stakeholders to better understand the opportunities and challenges the region faces so they can set the stage for “an extremely promising future.” But that future is going to look different. Automation continues to displace workers in manufacturing and low-wage jobs, a mounting trade war is hiking the cost of consumer goods, the region’s working-age population is shrinking and housing is in short supply. A 2017 report from the McKinsey Global Institute predicts that as many as 75 million U.S. jobs could be lost to automation by 2030. (Photo by Jeff Gritchen, Orange County Register/SCNG) “Automation is coming in waves,” said economist Somjita Mitra, director of the Los Angeles County Economic Development Corp.’s Institute for Applied Economics, which compiled the L.A. County report. “It’s predominantly affecting lower-skilled workers who can be replaced by machines. Businesses have increased their output with fewer workers. We need to upskill our workforce to make sure they won’t be affected.” A 2017 report from the McKinsey Global Institute predicts as many as 75 million U.S. jobs could be lost to automation by 2030 L.A. County:  Healthcare, advanced transportation are key drivers The L.A. County report shows much of its future job growth will come in health services, which will add 92,000 jobs over the next five years. Accommodation and food services will add 32,000 jobs, followed by information (26,000 jobs) and transportation and warehousing (25,000 jobs). Those industries have emerged as key drivers of economic expansion alongside entertainment and global trade. With a workforce of 4.4 million, L.A. County is expected to add 65,000 jobs this year and 234,000 over the next five years at an average annual rate of 1.1 percent. That will tighten the labor market and force wages up. But the largest number of new jobs will come in occupations that require a high school diploma or less and pay less than the county’s median annual wage of $40,340, the report said. On the plus side, the county’s economic recovery has prompted year-over-year declines in individual poverty rates. The rate in 2017 stood at 14.9 percent, the report said, down from a peak of 19.1 percent in 2012. L.A. County’s constrained supply of homes has left many with few housing options, and that has served to hike prices. The median price for a new home in 2017 was $643,430, well above the county’s earlier peak of $503,757 in 2007, and beyond the reach of most county residents. “We need as many units as can be built,” Mitra said. Orange County: A strong labor market, shifting demographics Orange County’s labor market remains strong, with its September 2018 unemployment rate of 2.8 percent landing well below the state and national rates of 3.9 and 3.6 percent. But the county’s working-age population is shrinking, and the number of retirees is on the rise – a trend that will make it tougher for employers to fill jobs. It will also place stress on the region’s healthcare network, including home health aides, medical clinics and hospitals. Data from the California Department of Finance show that Orange County’s school age, college age and working-age populations will shrink by 21 percent, 16 percent and 0.4 percent, respectively, between 2010 and 2060. The report, prepared by the Orange County Business Council, shows the county’s workforce is dominated by professional and business services (19.1 percent), leisure and hospitality (13.9 percent) and educational and health services (13.8 percent), with government, retail trade, financial activities and a host of other professions rounding things out. Business leaders, elected officials and policymakers should place a high priority on attracting and retaining young workers that will be needed to support the county’s rapidly aging population, the study said. And ensuring there is enough housing is a big piece of that. A recent council report, “Inside Orange County’s Retail E-volution,” proposes converting underperforming retail space into affordable housing units. Orange County accounted for nearly 24 percent of the six-county region’s GDP in 2017, thanks largely to a highly educated population and focused industry clusters that are attracting startups and more than $800 million a year in venture capital investments. Inland Empire: Job growth ramps up The level of poverty in the two-county region has declined significantly as employment has soared and unemployment dropped to historic lows, according to a report from Inland Empire economist John Husing. Employment growth in San Bernardino and Riverside counties is on track to surpass the region’s 2007 pre-recession high of 1.3 million employees by 210,389 jobs or 16.1 percent. That would bump the Inland Empire’s workforce above 1.5 million. A key challenge for the Inland Empire is education. Statistics show that 45.7 percent of adults 25 and over in the region had a high school diploma or less education in 2017. That far surpasses the 37.6 percent for the rest of Southern California, which includes Imperial, Los Angeles, Orange, San Diego and Ventura counties. The region has created nearly 350,000 jobs since the economic recovery began in 2011, with most of the growth coming in the core industries of logistics, healthcare and construction. “The most recent economic data and the overall trend since 2011 provide very good news,” Husing said, adding that he expects growth levels will be sustained. Struggling to earn enough It’s not all good news. A recent study from the Center for Social Innovation at UC Riverside shows many families in the region don’t make enough money to make ends meet, and numerous jobs don’t offer workers enough hours. The study found an Inland Empire family of four needs two working adults with jobs that pay more than $18 an hour to get by. But only 38 percent of jobs in the region pay that much.