May 28, 2013 > East Bay employment consistently improving
East Bay employment consistently improving
Submitted By Scott Peterson
Two reports by the East Bay Economic Development Alliance (East Bay EDA) show continued economic recovery in the region and increases in employment projected to continue in coming years.
In its annual East Bay Economic Outlook, East Bay EDA reported that unemployment reached 7.7% in March 2013 consistently declining each month since mid-2010. Employment growth has stayed consistent at 2% per year over the past two years.
"We are encouraged by the employment increases," said Keith Carson, Alameda County Supervisor and East Bay EDA Board Chair. He added that, "East Bay EDA is working closely with leaders in business and education to build programs to prepare a new generation of job-ready workers."
A Special Report on the East Bay Workforce is an in-depth analysis of the major shifts in both the demand for and supply of the region's most valuable asset: its human resources. "The East Bay's education and workforce development institutions are making every effort to understand and adapt to these shifts and to be better connected with regional employers to ensure a dynamic, adaptive workforce development system that ensures the competitiveness of workers and employers alike," said Carson.
The annual Economic Outlook was prepared for East Bay EDA by Dr. Christopher Thornberg, Principal at Beacon Economics, one of California's leading economic forecasters. The Special Report on the East Bay Workforce was prepared by Josh Williams, President of BW Research Partners. Both Dr. Thornberg and Mr. Williams will present their findings at a special event Tuesday, May 28 from 8:00 - 10:30 a.m. at Berkeley City College.
For more information about The East Bay Economic Development Alliance, visit www.eastbayeda.org.
For Release, May 23, 2013