Can California Keep it’s Competitive Edge?
California has long been regarded as a center of innovation and industry. The state ranks as the sixth largest economy in the world, and much of this economic success has been driven by a highly-educated workforce.
Yet, looking ahead, California’s competitive advantage – and therefore our economic vitality and quality of life – may be at risk. California’s population is growing in regions of the state and among ethnic groups with lower levels of educational attainment.
“Keeping California’s Edge: The Growing Demand for Highly Educated Workers,” is a new study commissioned by the Campaign for College Opportunity and researched by economists at the Applied Research Center at California State University, Sacramento. Looking forward to 2022, this study identifies growing sectors seeking highly educated workers, analyzes the economic value created by those workers and identifies the top six industries with the most at stake in our state’s highly educated high demand future.
Executive Summary [pdf] Fast facts, Full report [pdf]
There’s a webcast today @ 1:00p.m. CST where you can listen to a variety of perspectives from education and business leaders on the report. A number of my classmates immediately left Madison after graduating from the UW for a warmer climate and far better tech career opportunities in California. They’ve not returned.
Lisa Krieger has more.