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Plan <br />Occupations with only 34 candidates per job opening. A lack of employees with in- demand skills aggravates the skills gap <br />further., Orange County's economy depends on meeting the employment needs of businesses, in in- demand industries such <br />as Information Technology and Medical Devices. Clear pathways are needed to provide employees with the important skills <br />needed by current and emerging industries. <br />Only 4% of the 265,289 jobs created between October 2014 and October 2015 required a Master's Degree or above, a rate <br />that remained consistent for job growth over the past year. The percentage of jobs created that require a Bachelor's Degree <br />decreased from 47.2% to 45.1% over the same time period while the portion of job created requiring High School Diplomas <br />increased from 36.6% to 37.5 %. The portion of jobs created requiring an Associate's degree saw an increase from 10.5% to <br />12.2% during the same time period. While Associate Degrees are often overlooked, they have recently grown in importance <br />as a pathway to increased educational attainment without the high costs associated with four -year universities. Associate <br />Degrees, along with various certification programs, can help provide the skills needed to close OC's Middle -Skill gap. <br />IN-DEMAND OCCUPATlONIS <br />• Manufacturing Occupations with expected growth include: Electronic /Electromechanical Equipment Assembler, <br />Production Workers, Welder, Inspectors/Testers, Machinist, Laborers, Material Movers, First -line Production <br />Supervisor, Industrial Engineers, and Industrial Production Managers. <br />• Information Technology Occupations with expected growth include: Computer Systems Design and Related <br />Services, Telecommunications, Software Publishers, ISPs, Search Portals, and Data Processing. <br />• Hospitality and Tourism Occupations with expected growth Include: Food Services and Drinking Places, <br />Accommodation and Food Services, Amusement, Gambling, and Recreation. <br />• Healthcare Occupations with expected growth include: Personal Care Aides, Certified Nursing Assistant, Home <br />Health Aide, Licensed Vocational Nurse, Medical Assistant, Medical /Health /Lab Technician, Registered Nurse, and <br />Physical Therapist. <br />Declaration: The OC Region has priority industry sectors, each with sub - sectors, that emphasis specific skills demanded <br />by employers that include the knowledge requirements for various job openings and particular soft skills that are often just as <br />important as applied skills. <br />Regional Goal /Objective: Targeted meaningful business /industry engagement to increase industry validated education <br />and training programs that lead to credentials with demonstrable labor market value. To contribute to California's workforce <br />goal: one million "middle skill" industry- valued and recognized postsecondary credentials. <br />Strategy: Fostering demand driven skills attainment responsive to industry needs through high value sector focused <br />initiatives that engage partners /stakeholders to identify and determine industry- valued and recognized postsecondary <br />credentials and educationitraining that needs to be incorporated into the development of industry relevant and demand driven <br />programs and regional sector pathways. <br />State Plan Alignment: Fostering demand - driven skills attainment, through workforce and education alignment to provide <br />California's businesses with the skilled workforce necessary to compete in the global economy. <br />CURRENT [A POP FO CEI TI RILET CoNbITfONS The most obvious characteristics of Orange County's regional <br />workforce are its size and educational attainment, which reflect the quality and quantity of available workers, and its <br />employment rate. Orange County's unemployment rate dropped to 4% at the beginning of 2016 and remained near that level <br />for the first half of the year. In June and July, however, Orange County — along with nearly every other California county — <br />experienced an increase in unemployment rates driven by seasonal job losses in government and education and an influx of <br />recent graduates and otherjobseekers in the workforce <br />Aye The largest cohort of working age adults is in the 45 to 54 years bracket, representing 14.6% of the population. <br />These are mature workers who are likely preparing to exit the workforce within the next ten years. The second largest <br />Page 7 <br />19D -22 <br />