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2Aiii. Provide an analysis of industries and occupations with an emerging demand.
<br />The RPU analyzed location quotient, total jobs, and competitive effect data to identify industries
<br />and occupations with an emerging demand. An analysis of location quotient data demonstrated
<br />which occupations and industries are unique and specialized in the Orange County region
<br />(compared to the national average). The competitive effect indicates how much of the job change
<br />results from some unique competitive advantage in the area. The competitive effect measures
<br />the job change that cannot be explained by national growth and industry mix. The change in
<br />competitive effect points to regional-specific factors on the change in local employment
<br />numbers. Factors such as labor force training and education, skills, transportation, supply chains,
<br />aging demographics, and other regionally influenced factors may impact these industries and
<br />occupations’ competitiveness.
<br />
<br />Using the 3-digit NAICS code, the
<br />emerging industries identified had a
<br />location quotient that increased
<br />between 2015 and 2020 and had a
<br />location quotient less than 1.2. The
<br />industry list was filtered to include
<br />industries with a competitive effect
<br />greater than 1, percent change in jobs
<br />higher than 10%, and more than 1,000
<br />jobs. The following chart consists of a list of the top thirteen emerging industries in Orange
<br />County. This combined list of sectors accounted for 273,362 jobs in 2020. This group of
<br />industries is projected to grow to 327,315 jobs by 2030.
<br />
<br />Industries with Emerging Demand
<br />NAICS Description 2015
<br />Jobs
<br />2020
<br />Jobs
<br />2015 -
<br />2020
<br />Change
<br />2015 -
<br />2020 %
<br />Change
<br />Competitive
<br />Effect
<br />2015
<br />Location
<br />Quotient
<br />2020
<br />Location
<br />Quotient
<br />%
<br />Change
<br />in LQ
<br />485 Transit and Ground Passenger
<br />Transportation 4,245 6,136 1,891 45% 1,209 0.64 0.79 14.56%
<br />312 Beverage and Tobacco Product
<br />Manufacturing 1,551 2,080 529 34% 125 0.62 0.65 3.04%
<br />481 Air Transportation 827 1,091 264 32% 197 0.16 0.20 3.29%
<br />624 Social Assistance 41,749 50,822 9,072 22% 3,690 0.96 1.02 6.02%
<br />484 Truck Transportation 5,604 6,621 1,017 18% 841 0.30 0.34 3.92%
<br />562 Waste Management and
<br />Remediation Services 4,665 5,385 720 15% 158 1.02 1.04 1.58%
<br />454 Nonstore Retailers 6,937 7,948 1,011 15% 273 0.97 0.99 2.00%
<br />902 State Government 28,208 32,308 4,100 15% 3,552 0.48 0.54 5.19%
<br />621 Ambulatory Health Care Services 84,699 96,614 11,915 14% 3,346 1.07 1.09 2.24%
<br />623 Nursing and Residential Care
<br />Facilities 25,146 28,413 3,267 13% 2,887 0.69 0.76 6.72%
<br />325 Chemical Manufacturing 7,473 8,441 968 13% 595 0.84 0.89 5.07%
<br />337 Furniture and Related Product
<br />Manufacturing 4,263 4,802 540 13% 646 0.97 1.10 13.38%
<br />446 Health and Personal Care Stores 10,942 12,253 1,312 12% 1,524 0.94 1.06 11.82%
<br />Source: EMSI, Labor Market Analytics, 2021
<br />
<br />Mature Growing
<br />Location Quotients are
<br />greater than 1.2 and
<br />steadily decreasing
<br />Location Quotients are
<br />greater than 1.2 and
<br />steadily increasing
<br />Declining Emerging
<br />Location Quotient is less
<br />than 1.2 and steadily
<br />decreasing
<br />Location Quotient is less
<br />than 1.2 and steadily
<br />increasing
<br />EXHIBIT 1
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