California Economic Growth - 2008 Edition
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  Workforce and the California Economy

 


 
   

Shared Prosperity discusses how California can develop a new workforce investment strategy to meet the changing needs of workers and employers. California's State and 50 Local Workforce Investment Boards are currently mandated under the 1998 federal Workforce Investment Act to redesign current public workforce investment programs.

The report's principal findings include:

  • Workforce investment will be increasingly important for maintaining economic prosperity in California.

  • Workforce investment can best meet the needs of workers and employers by focusing on move-up strategies and career ladder development.

  • New and innovative workforce partnerships are the key to success.

  • Workforce partnerships should focus on 1) regional labor markets, 2) specific industry opportunities, 3) significant private sector involvement and 4) a key role for community colleges.

  • California's workforce investment strategy should be universal, providing opportunities to all workers, but a good starting focus is on the working poor.