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And ultimately higher education. We have a growing workforce ready for the job as the economy continues to grow. This summer the goal is 6,000. We will be launching on april 30, launching at city hall at 11 a. M. May 11, for the young people, musconnie center west, we will have a youth resource fair for all jobs and resources working with you on soft skills around interview skills. We will have folks reviewing resumes and mock interviews. We want the young people to join us and we hit the ground running. Let me end by saying thank you to the mayor and raising your hand. He continues to be the envy of many in the country. And secondly to the Department Heads that raised their hand to say we would step up. Thank you to all Department Heads who stepped up to provide these wonderful opportunities of the young people. With that, let me call on a young person last summer that w ....
Federal government. When the federal government does things like implement a federal sequester. That has an impact here on san franciscans. If the state budget changes, that has an effect here on us. Its important to know that we have control over some of our revenue but not all of them. The mayor shared with you our fiveyear budget outlook. And mentioned the first two years. This is the fourth chart over with the red and black. The red bars show you how much our expenditures are projected to grow in the next five years and the black bars. We project over the five years we will have 13 more revenue, its a strong economy. And at the same time our expenditures are expected to grow by 25 . So the gap between the growth in expenditures and revenue is what creates our budget short falls. A significant part of that pressure is related to pressure related to labor costs. Including the cost of our health benefits, and retiree benefits. Finally i wanted to share, we will hear from you about you ....
The young people. With that, let me call on a young person last summer that went from a summer job to a permanent job, welcome kae. Thank you, my name is tomas, and last year i participated in the summer job program, and i got to learn about Property Management and accounts receivable and accounts payable. At the end of the six weeks i was asked from my supervisor to be a permanent hire. I immediately said yes, because i get to work in the financial district, get to suit up. And i get to learn about all types of real estate mement stuff. I highly encourage all youth to continue with match bridge and go on in life. And i want to say that i want to emphasize on the youth for mayor ed lee. The youth is our future, and if we dont make our youth strong. How is our future going to be strong . And i would like to say thank you to mayor lee and department heads, and have a great day. Now we are going to the fun part. And we will do p ....