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To talk about the industry how it performed based on those are actions. Good afternoon ted where the Controllers Office as todd told we were asked to assist with this strategy update by focusing on an analyzed of how the citys economic and supervisor farrell you said the recent years the performance is strong across the board we over took a different time period 2004 to 2010 the reason we picked those points they were economic low points in the Business Cycle one of the reasons our economic economy is strong we have about in the recovery so if you compare where we were 5 years ago some of the growth because of the Business Cycle and maybe in a different Economic Cycle and difficult to separate those we want to see how the growth to the same period this is one of ....
For calling todays hearing in 2004 the voters approved proposition i did mandated the creation of apple Economic Development strategy in 2014 the city realized the cooperation with the office of Economic Analysis retailed that in 2007 proportion i talked about this were before you to present the 2014 update to the strategy that was done in collaboration with the office of Economic Workforce Development and the office of Economic Analysis in coordination with mta and Arts Commission and many others across the city to give you a sense of the structure of today is presentation ill give a belief overview and innovative you up our colleague who lead this in the office to implement the go ....
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 e ....
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 ....
2014 strategy after thirty years of stagnation our city is seeing its share of a regional and National Growth were having an opportunity for the full spectrum of san franciscans but theres a ton to do to make sure our economic boom continues for san franciscans of all strips and background there is a ton of work supporting the industry and our Small Business community as commercial rents is revising and office space scare reserve this will continue to serve as a guidepost as departments cross our city as they work to implement policies to strengthen our local economy thank you oewd and welcome todd to present. Thank you supervisor farrell for calling todays hearing in 2004 the voters approved proposition i did mandated the creation of apple Economic Development strategy in 2014 the city realized the cooperation wi ....