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Two Charts from the UCLA Anderson Forecast Worth Pondering

Byuclafaculty

Economist says California at risk of losing its educational advantage

Timm Herdt, Ventura County Star, February 5, 2013

SACRAMENTO — A senior economist with UCLA’s Anderson Forecast warned lawmakers Tuesday that California is at risk of losing what has long been one of its top economic advantages, a workforce that is better educated than those in other states. Jerry Nickelsburg told members of an Assembly panel (that)… California still leads the nation in percentage of college-educated adults, calling that statistic “a reflection of our advantage in skills.” But Nickelsburg disclosed census data that shows the state’s advantage has disappeared among workers age 25 to 34. In that age category, the percentage of Californians with college degrees equals the national average, and the percentage of Californians with some college trails the national average. He predicted that development “could erode” California’s competitive advantage and lead to one of two results: Workers without college training will “leave California for Texas or some place where jobs are low-skilled and immigrants come in to take the skilled jobs, or we lose our educational advantage. “The trend in education makes California’s growth engine vulnerable,” he said…

Full story at http://www.vcstar.com/news/2013/feb/05/economist-says-california-at-risk-of-losing-its/
It’s advice worth listening to from the Forecast or we can listen to something else:
[youtube http://www.youtube.com/watch?v=oGTEGfEoEJo?feature=player_detailpage]

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Byuclafaculty

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