Total across 5 key areas from education and nomination and invite up you laura to talk about what the citys efforts are across the 40 policies and the work weve done for today. Hello supervisors im going to cover some of the actions taken inch breakdown down by the action areas the first is education and training oewd oewd weve been successful in construction and Health Care Hospitality and implementation and technology we focused on a streamlined path to access our workforce programs Workforce Partners and clear Educational Program added them to the report this allows the School District and allows the city to have our academies with the School District curriculum with the pathways to the employment industry. Finally every 20 percent of broadband the city focuses on the Digital Literacy and establish and advanced 14th century tech labs in tech centers it serve our seniors and expand the obeyed over several miles of cable and extensions to our park the North Waterfront and Treasure Isl
Different types of jobs this is a chart that shows we breakdown the workforce of the people that work in San Francisco bill which of the four sectors they work in how much education level and what is their afternoon hourly wage that shows the two industries that derivative our economy that the Knowledge Industries and the experience open the other have different employment the experience sector about 70 percent of the jobs in that sector pay less than 1750 an hour and the jobs are concentrated among the folks with less than a education on the other hand the Creativity Industries and the Financial Services about 70 to 75 percent go to those folks with a 4 year degree only 40 percent of san franciscans have a degree thats the highest in the country but still on 40 percent the creative Financial Industries that basically means the two sectors that are the biggest sector of job growth offer hive wages with people with a lot of education or low wages the industries that offer the low wages
So in conclusion supervisors the question where do we go from here we concluded that the Economic Strategy is 7 continue action areas as ted mentioned this is exactly what youre asking about clearly ted showed open the slide that showed you disproportionately costs driven by high housing costs that is important we focus on the thirty thousand unit of Affordable Housing and thirty percent of Affordable Housing down payment assistance and range of things you supervisors are familiar with are critical in insuring the citys economy remains competitive we want to make sure the recipe have pathways to job mobility and job investment being able to have a job as the mayor likes to say one of the key things to the have and have nots and to make sure that people under bloid or wish they made more money to have greater Job Opportunities as well we need to streamline the business permitting process this committee has been incredibly supportive of the business protocol we are doing that now continu
Highest level of 2015. Helping a bit today with the Energy Information administration raising its forecast for u. S. And Global Demand while also forecasting lower production of domestic crude. Jackie deangelis takes a look at another possible reason and its always a wild card. Reporter crude oil rallying for a second straight day. Traders highlighting the continued conflicts in yemen with the underlying reason. Reuters reporting that saudi air strikes hurt civilians, according to trade watched other middle east conflicts play out and add to crude volatility incidents like these sometimes raise the stakes in already tense situations. Crude prices actually managed to take a breather at the open after a supplies note for Goldman Sachs made the rounds. Goldmans takeaway say they need to stay lower longer to have impact on production but even that sentiment couldnt hold back todays rally. For nightly business report, im jackie deangelis. One thing that could eat into that rally a bit, late
Highest level of 2015. Helping a bit today with the Energy Information administration raising its forecast for u. S. And g. Bal demand while also forecasting lower production of domestic crude. Jackie deangelis takes a look at another possible reason and its always a wild card. Reporter crude oil rallying for a second straight day. Traders highlighting the continued conflicts in yemen with the underlying reason. Reuters reporting that saudi air strikes hurt civilians, according to trade watched other middle east conflicts play out and add to crude volatility incidents like these sometimes raise the stakes in already tense situations. Crude prices actually managed to take a breather at the open after a supplies note for Goldman Sachs made the rounds. Goldmans takeaway say they need to stay lower longer to have impact on production but even that sentiment couldnt hold back todays rally. For nightly business report, im jackie deangelis. One thing that could eat into that rally a bit, late