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Targets of Opportunity and Growing Occupations - Economic Development Overview

Explore key industries like Diversified Health Care, Construction, Agriculture, Investment Support, Management, and Manufacturing for sustainable job growth. Discover new career paths and workforce needs for the future.

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Targets of Opportunity and Growing Occupations - Economic Development Overview

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  1. Targets of Opportunity and Growing Occupations College of the Redwoods August 2008

  2. What industries should we focus on?Targets of Opportunity

  3. Five quality factors identify Targets of Opportunity

  4. Six Targets of Opportunity • Diversified Health Care • Building and Systems Construction and Maintenance • Specialty Agriculture, Food, and Beverage • Investment Support Services • Management and Innovation Services • Niche Manufacturing

  5. How much do the Targets matter? Together, the Targets of Opportunity Industries contributed 39% of the jobs and 53% of the wages in the region’s private sector over the last 15 years.

  6. All 6 Targets of Opportunitydemonstrate a compelling trend A sustained, structural shift in our economy.

  7. GROWING OCCUPATIONS:New and Replacement Jobs

  8. ANNUAL JOB OPENING PROJECTIONS BY OCCUPATIONAL CATEGORIES

  9. GROWING OCCUPATIONS BY TARGET AREA

  10. DIVERSIFIED HEALTH CARE

  11. Diversified Health Care

  12. BUILDING SYSTEMS & CONSTRUCTION MAINTENANCE

  13. BUILDING SYSTEMS & CONSTRUCTION MAINTENANCE

  14. SPECIALITY AGRICULTURE, FOOD & BEVERAGES

  15. SPECIALITY AGRICULTURE, FOOD & BEVERAGES

  16. INVESTMENT SUPPORT SERVICES

  17. INVESTMENT SUPPORT SERVICES

  18. MANAGEMENT & INNOVATION SERVICES

  19. MANAGEMENT & INNOVATION SERVICES

  20. NICHE MANUFACTURING

  21. NICHE MANUFACTURING

  22. Summary of Findings 6 high performing industries 53% of private sector payroll and almost 40% of jobs Some familiar, some totally new industries for economic/workforce development to address Demonstrated over a 15-year period that they have staying power Sustained, structural shift in Redwood Coast economy All counties share…it’s a regional economy All industries pay above the median, and/or fast rising All with appealing, robust career spans Quality of Life key to attraction/retention All report need for more workers and talent

  23. Implications • How can we form a system of education and CTE that delivers the workforce needed in the Targets of Opportunity? • How can we develop an attitude of opportunity in our faculty, parents and youth?

  24. Occupations of Opportunity Search Tool • Step 1: Gain an Understanding of Occupational Opportunities Based on Levels of Education • Step 2: Select Occupations of Interest • Step 3: Explore Profiles for Your Occupations of Interest Using O*NET

  25. Step 1: Opportunities Based on Levels of Education

  26. Step 3: Explore details on ONET

  27. Abilities Sample from ONET

  28. Targets of Opportunity and Growing Occupations

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