John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP Inland Empire Prosperity . . . John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

After Losing 8. 71 Million Jobs … Now At A Record Level of Jobs U. S After Losing 8.71 Million Jobs … Now At A Record Level of Jobs U.S. Jobs Long Slow Growth - Not Over-Heating

Value of the Dollar: Helps Imports & Hurts Exports 100.0 2012-2016 22.1%

California Job Gains/Losses Up 1,074,272 6.8% Up 2007 15,844,325 2016 16,918,587 Recovery 2,253,330 Great Recession -1,179,058

Inland Empire Population Greater Than 25 of 50 States 2010-2016 Growth: 6.2%

Inland Empire Economy Gaining Strength!

Job Quality

Inland Empire Growth was the 2nd Largest Absolute Job Gain in California in 2015!

Unemployment Rates

The Issue: Poverty

Diversity Challenge

Gold Mine Theory Secondary Tier Primary Tier

Educational Challenge For Adults & Their Children

What is Needed To Attack Poverty? Short Course Adult Training in Specific Skills Sectors With Education Barriers That Can Be Overcome Median Incomes Approaching Middle Class Earnings Skill Ladders Up Which Workers Can Move To Median Incomes Sectors That Are Adding Jobs

Exhibit 7.-Sectors & Number of Interviews Interviewed Interviewed One-on-One 50 CEOs, Entrepreneurs, HR Directors 18 Sectors Exhibit 7.-Sectors & Number of Interviews Trucking & Warehousing (9) Hotels (2) Health Care (6) Railroad (2) Manufacturing (6) Water (1) Agencies (5) Aircraft Repair (1) Construction (4) Oil & Gas (1) Finance (3) Real Estate (1) Engineering (2) Entertainment (1) Software (2) Printing (1) Retailing (2) Restaurant (1)

General Hiring Themes Demonstrated Teamwork Hands-on Experience Academic Knowledge Career Technical Education

Aptitudes/Attitudes Life Goals (Some Idea What Want To Be) Personality (Friendliness, Ambition, Interest, Innovation) STEM (Willingness to Learn Required Knowledge) Received Certifications (To Industry Standards)

What’s Needed From Educators $20 per hour Jobs Evenings Weekends Weekdays Training Times Rapid Course Creation Industry Standards Hands-On Technically Up to Date

What Skills? Software Design, Installation, Adaption, Usage Auto/Truck Mechanics Truck Drivers Production Machining, Welding, Electrical, Repair Construction Trades Nursing, MRI, CT Scans, Sonography, Lab Tech, Coders Accounts Payable, Receivable, Payroll Microsoft Word, EXCEL, Powerpoint Water Supply, Recycling, Clean-Up Middle Managers

Who Can Meet Training Requirements? Private Sector Non-Profits Community Colleges K-12 Adult Schools ROP

Health Care

Health Care Jobs: Continuous Growth 2011-2016 11% of Job Growth Median Pay $54,261

Training Issue Athletic Trainers & Exercise Physiologists Cardiovascular Technologists and Technicians Coders Dental Assistants Dental Hygienists Diagnostic Medical Sonographers EMTs Massage Therapists Medical Laboratory Techs Medical Records & Health Information Techs Medical Transcriptionists MRI Techs Nuclear Medicine Techs Nursing (RN, LVN, Nurses Aids) Opticians Paramedics Pharmacy Techs Phlebotomists Physical Therapists Physician’s Assistants Physicians Radiological Techs Respiratory Techs

Sophisticated Warehousing Operations

Port Container Volumes On Pace For Import Record

E-Commerce Growth Rates Year Over Year by Quarter 1.1% 8.1%

Industrial Overwhelmingly In The Inland Empire

Logistics Powerful Job Growth 2011-2016 23% of New Jobs Median Pay $45,677

PM 2.5: Diesel Pollution -91.4%

Manufacturing: Should Be A Major Growth Source

California Manufacturing Job Growth Just 5.4% of U.S. Growth

Inland Empire Manufacturing Jobs 2011-2016 5% of Job Growth Median Pay $49,567

Construction: Finally Coming Back

Home Price Trends -21.7% 91.3%

Long Term Competitive Price Advantage Still Exists

High Paying Sectors Jack Dangermond Ahmad Adel Al-Khatib

BA or Higher

Professionals, Mgmt., Utilities, Mining Slowly Coming Back 2011-2015 3.8% of Growth Median Pay $65,453

Low Paying Job Growth Retail, Consumer & Bus Low Paying Job Growth Retail, Consumer & Bus. Services, Hotel, Eat & Drink Amusement, Agriculture, Employment Agency 2011-2016 40% of Job Growth Median Pay $28,927

Federal, State, Local Government 2011-2016 -3% of Job Growth Median Pay $57,984

www.johnhusing.com