San Diego launches new initiative to look inward to address regional talent shortages

Advancing San Diego

In an effort to provide residents with increased access to high-demand jobs, San Diego Regional EDC launched Advancing San Diego, a $3 million local investment initiative underwritten by JPMorgan Chase. The program will align industries with economic development, workforce development and education systems.

“Talented and skilled workers are integral for a strong economy,” said Mark Cafferty, president & CEO at San Diego Regional EDC. “With and through our program partners and stakeholders, we are establishing a first-of-its-kind, employer-led initiative that will measure and aggregate workforce needs while also indentifying solutions that align and strengthen our local education systems. We need to ensure that the benefits of our region’s growing innovation economy are reaching all San Diegans.”

Advancing San Diego will establish nine working groups that are designed to give employers a collective voice about talent needs in priority industries, ranging from software and technology to marketing, healthcare and more. In the first report, 17 participating employers expressed a projected need for more than 7,200 additional software-related positions over the next three years.

The Advancing San Diego initiative
In April 2019, San Diego was one of five cities to receive a $3 million investment as part of JPMorgan Chase’s AdvancingCities Challenge, an initiative to drive inclusive growth and create greater economic opportunity across the U.S. Advancing San Diego is a collaborative program by San Diego Regional Economic Development Corporation, the City of San Diego, San Diego Workforce Partnership, United Way of San Diego, and San Diego & Imperial Counties Community College Association (SDICCCA).

As San Diego’s economy continues to expand, employers are seeing an increased demand for skilled workers. While San Diego strives to attract and retain talent, it must also look inward to build a workforce that meets demands for current and future jobs. EDC and its Inclusive Growth Steering Committee of 40 employers have endorsed a regional goal to double the number of skilled workers produced in San Diego County to 20,000 per year by 2030. This requires strong, effective learning programs offered by community colleges and other education institutions.

The goals of Advancing San Diego are to:

  • Engage employers in a structured process to collectively communicate talent needs
  • Identify education programs that are aligned with industry needs
  • Increase the pool of diverse, skilled talent in San Diego
  • Expand access to talent pipelines for small companies

“By 2020, nearly two of every three jobs in the U.S. will require a credential or degree, and currently, 90 percent of our students remain in San Diego after graduation,” said Dr. Sunita “Sunny” Cooke, superintendent & president at MiraCosta Community College District. “Community colleges play a critical role in creating a diverse talent pipeline for the region. The Advancing San Diego program willhelp connect the work occurring within local community colleges to ensure we offer innovative curricula that support employer needs and include opportunities for students to apply their learning in workplace settings so graduates are ready for employment.”

Education systems that are aligned with results set forth by the working groups will be listed as ‘preferred providers’ by Advancing San Diego. This designation rewards higher education students with priority access to work-based learning and engagement opportunities via networking events, career and internship fairs, and local company tours. To learn more and become a ‘preferred provider,’ educators are encouraged to apply at advancingSD.org.

Additionally, businesses with fewer than 100 employees make up 98 percent of San Diego firms, and on average, are challenged to compete with larger employer wages. As part of EDC’s inclusive growth strategy, more than 35 employers (and counting) have endorsed a regional goal to create 50,000 new quality jobs within small businesses by 2030. To further engage small businesses, nearly half of the funding for Advancing San Diego will be used to subsidize internships within small businesses and offer additional services that support student success in the workplace.

“Start-ups like LunaPBC are rich with mission, purpose, and the opportunity for personal and professional growth,” said Dawn Barry, co-founder & president at LunaPBC. “Unlike large employers, startups are often lower on salary, but offer exciting equity and the opportunity to experience first-hand what it’s like to build an enterprise. When large employers work together with smaller employers, and pursue partnerships with incubators and accelerators, higher education and regional development teams, we strengthen our collective visiblity as a region for career development.”

Report: Demand for Software Talent and Criteria for ‘Preferred Providers’
Working group members were asked to provide hiring projections along with skills and competency requirements for critical jobs, in order to identify programs that align with industry needs. Collectively, these results were compiled into the Demand for Software Talent Report and will create a criteria for ‘preferred providers’ of software – a designation by employers that demonstrates an education program is providing adequate training for software engineers.

Companies that contributed to this report represent industries with the highest proportion of software talent in San Diego, including tech, life sciences, healthcare and defense. Based on the participation of 17 employers who collectively employ approximately 53,000 people and share a need for software talent, this report indicates the working group is projected to hire more than 7,220 additional software professionals over three years.

Additional key findings include:

  • Software engineers accounted for the highest future hiring demand among all software occupations in working group companies, making up 53 percent of total projections
  • Entry-level software engineers represent the highest hiring need of any position at any level
  • Collectively, the working group projects they will hire more than 1,700 entry-level software engineers over the next three years
  • Approximately 44 percent of working group employers require a bachelors degree for entry-level software engineers

Through the Advancing San Diego collaboration, San Diego strives to cultivate a more inclusive economy, as this initiative will look inward to address regional talent shortages and strengthen the relationship between employers and education systems.

For more information about the new Advancing San Diego initiative, future working groups, or to be listed as a ‘preferred provider, visit advancingSD.org. Follow along and join the conversation at #advancingSD.

View the full interactive web report—“San Diego’s Demand for Software Talent Report”—here.

San Diego Economic Pulse – August 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers July 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.
Highlights include:

San Diego’s Economic Pulse – August 2019 from San Diego Regional EDC on Vimeo.

  • The region’s unemployment rate was 3.6 percent in July, up from a revised 3.3 percent in June 2019, and unchanged compared with the year-ago estimate of 3.6 percent.
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 4.4 percent and 4.0 percent, respectively
  • Leisure and hospitality (up 2,600) added the largest number of jobs over the month, driven in part due to the influx in tourism in the summer months
  • Between July 2018 and July 2019, total nonfarm employment increased from 1,480,300 to 1,510,000, adding 29,700 jobs.
  • Government (up 9,100) followed by professional & business services(up 8,400) led job growth during the past year

San Diego’s Economic Pulse – July 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers June 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

Highlights include:

San Diego’s Economic Pulse: July 2019 from San Diego Regional EDC on Vimeo.

  • The region’s unemployment rate was 3.3 percent in June, up from a revised 2.7 percent in May 2019, and below the year-ago estimate of 3.6 percent
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 4.1 percent and 3.8 percent, respectively
  • Between May 2019 and June 2019, total nonfarm employment increased from 1,510,200 to 1,517,300, adding 7,100 jobs
  • Between June 2018 and June 2019, total nonfarm employment increased from 1,491,600 to 1,517,600, adding 25,700 jobs
  • Between June 2018 and June 2019, professional and business services led the year-over gain, adding 8,000 jobs and mostly driven by growth in professional, scientific, and technical services (up 7,100).

San Diego’s Economic Pulse – June 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers May 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

Highlights include:

  • The region’s unemployment rate was 2.8 percent in May, down from a revised 3.0 percent in April 2019, and unchanged from the year-ago estimate of 2.8 percent
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 3.5 percent and 3.4 percent, respectively
  • Between April 2019 and May 2019, total nonfarm employment increased from 1,501,600 to 1,510,600, adding 9,000 jobs
  • Between May 2018 and May 2019, total nonfarm employment increased from 1,485,000 to 1,510,600, adding 25,600 jobs
  • Between May 2018 and May 2019, education and health services led the year-over gain, adding 8,700 jobs

San Diego’s Economic Pulse – May 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers April 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

Highlights include:

  • The region’s unemployment rate was 3.0 percent in April, down from a revised 3.6 percent in March 2019, and below the year-ago estimate of 3.1 percent
  • The region’s unemployment rate remains lower than both the state and national unemployment rates of 3.9 percent and 3.3 percent, respectively
  • Between March 2019 and April 2019, total nonfarm employment increased from 1,492,600 to 1,500,400, adding 7,800 jobs
  • Between April 2018 and April 2019, total nonfarm employment increased from 1,480,000 to 1,500,400, adding 20,400 jobs
  • Between April 2018 and April 2019, education and health services led the year-over gain, adding 7,600 jobs

San Diego’s Economic Pulse – April 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers March 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

This report is sponsored by Manpower San Diego.

Highlights include:

  • The region’s unemployment rate was 3.7 percent in March, up from a revised 3.5 percent in February, and up from the year-ago estimate of 3.4 percent.
  • San Diego’s unemployment rate remains below both the state rate of 4.6 percent and the national rate of 3.9 percent.
  • The labor force contracted by 8,000 workers over the month, but is currently up 15,100 compared to a year ago.
  • Total nonfarm employment is up 4,300 in March and up 20,100 over the year.
  • The largest employment gain over the year occurred in educational and healthcare services, which added 7,700 jobs.

Qualcomm: Creating technology and an economy San Diego loves

San Diego Regional Economic Development Corporation released a study— Qualcomm’s Contribution to San Diego’s Economy, showcasing how the company’s investment in the community has impacted the industry, economy and region as a whole. Since its humble beginning in 1985, Qualcomm has been at the forefront of innovation, entrepreneurship and research and development (R&D.) It settled with a home base in San Diego, providing a significant economic impact and tremendous contributions to our region since its founding.

Qualcomm is not only a technology industry leader in our region; it also engages the marketing, accounting, legal services, consulting, environmental and engineering industries in San Diego, in-turn creating jobs and opportunities along every step of the company’s tech journey. Just in 2018, Qualcomm had an economic impact of approximately $4 billion in the San Diego economy. To put that into perspective, it’s the equivalent of 41 Breeder’s Cup World Championships, 27 San Diego Comic-Cons and 3.6 San Diego Convention Centers.

Further, in 2018, Qualcomm created approximately 1,600 job postings, recruiting top-tier entrepreneurial talent while continuing to dedicate resources to strengthening our communities and educating the next generation. To its core, Qualcomm understands the importance of investing in the workforce of tomorrow. They have done just that through an interactive tutorial program called Thinkabit Labs, which engages students from different backgrounds and inspires them to be the next generation of inventors – combining science, technology, engineering and mathematics (STEM) for an educational and hands-on learning experience. Through Thinkabit, students mature by learning real-world problem-solving skills, collaborate in teams and motivate creativity on a myriad of levels. Qualcomm has hosted students from 107 schools across San Diego, inspired close to 22,000 local students and helped them create more than 5,000 inventions. Over the course of this program, Qualcomm has expanded and collaborated with 20 school districts and organizations.

Just as Qualcomm has invested into our youth, it has equally invested into our local communities. Since 2000, Qualcomm has donated more than $355 million to the San Diego community from both Qualcomm and the Qualcomm Foundation. Just in the last five years, Qualcomm employees have donated to more than 1,000 local organizations, requested matches for more than 17,900 organization and contributed more than $26 million to local communities. Qualcomm truly is a trailblazer for local philanthropy.

Many people think of Silicon Valley as the premier technology hub in America, however Qualcomm is working tirelessly to bring that title to San Diego. It’s no secret that Qualcomm is one of the leaders in 5G and also a premiere leader in creating technology the world loves. More than 130,000 patents and patent applications have come from Qualcomm in the past year. While it couldn’t have been done without our San Diegans, this type of technology and innovation is something that should be celebrated. Roughly 12 percent of the region’s total tech talent is employed by Qualcomm. To break down the impact on local jobs, Qualcomm has created: 10,170 induced jobs, which come from the result of local spending of labor income; 7,680 indirect jobs, the effect of local, inter-industry or B2B spending through existing economic structure; and 10,030 Qualcomm employees, which all adds up to an outstanding 27,880 total jobs. Because of this, for every job at Qualcomm, an additional 1.8 jobs are supported elsewhere in the San Diego economy. It truly is the job multiplier – integrating other companies and industries to provide support and collaboration that leads to industry-leading technology.

Our economic study “Qualcomm’s Contribution to San Diego’s Economy” shows some of the great contributions that Qualcomm has given to the San Diego region, but it wouldn’t be possible without the people. Thank you to the communities, employees and organizations that are helping build San Diego.

**Read the full economic impact assestment.**

*Qualcomm sponsored this study and provided employee data for EDC’s impact analysis.*

Study: Qualcomm’s Contribution to San Diego’s Economy

Summary

San Diego Regional Economic Development Corporation released a study—Qualcomm’s Contribution to San Diego’s Economy, showcasing how the company’s investment in the community has impacted the industry, economy and region as a whole. Since its humble beginning in 1985, Qualcomm has been at the forefront of innovation, entrepreneurship and research and development (R&D.) It settled with a home base in San Diego, providing a significant economic impact and tremendous contributions to our region since its founding.

Qualcomm is not only a technology industry leader in our region; it also engages the marketing, accounting, legal services, consulting, environmental and engineering industries in San Diego, in-turn creating jobs and opportunities along every step of the company’s tech journey. Just in 2018, Qualcomm had an economic impact of approximately $4 billion in the San Diego economy. To put that into perspective, it’s the equivalent of 41 Breeder’s Cup World Championships, 27 San Diego Comic-Cons and 3.6 San Diego Convention Centers. This research was sponsored by Qualcomm, who provided employee data for EDC’s impact analysis.

Read the full report

San Diego’s Economic Snapshot: Q4 2018

Every quarter San Diego Regional EDC analyzes key economic indicators that are important to understanding the regional economy and the region’s standing relative to the 25 most populous metropolitan areas in the U.S. This issue covers data from Q4 2018.

Recovering from a decrease in employment during Q3, San Diego, and 24 of the most populous metros, experienced an increase in total nonfarm employment during Q4. Ramping up for the holiday season, the region added 21,500 jobs – a 1.4 percent increase in employment during the quarter. Compared to a year ago, nonfarm employment was up 25,400 jobs, or 1.7 percent.

Meanwhile, San Diego’s unemployment rate was 3.2 percent in Q4, unchanged from Q3.

Key findings from the snapshot:

  • San Diego closed Q4 with an unemployment rate of 3.2 percent and the sixth lowest among the 25 most populous metros.
  • With the holiday season in full bloom, the retail sector continued to grow, adding 8,500 jobs in Q4. Other strong contributors to the quarterly employment growth were education and health services, and transportation and utilities, together adding 4,100 jobs.
  • Year-over-year, the region’s median home price continued to climb, growing by 2.6 percent.
  • VC dollars in the region increased 21.4 percent compared to the previous quarter.

Quarterly Economic Snapshot analyzes key economic indicators that are important to understanding the regional economy and the region’s standing relative to the 25 most populous metropolitan areas in the U.S. This releases includes data from October to December (Q4) 2018.

San Diego’s Quarterly Economic Snapshot – March 2019 from San Diego Regional EDC on Vimeo.

San Diego’s Economic Pulse – March 2019

Each month the California Employment Development Department (EDD) releases employment data for the prior month. This edition of San Diego’s Economic Pulse covers February 2019. Check out EDC’s research bureau for more data and stats about San Diego’s economy.

Thank you to Manpower San Diego for making this possible.

Highlights include:

  • The region’s unemployment rate was 3.5 percent in February, down from a revised 3.8 percent in January, and unchanged from the year-ago estimate of 3.5 percent.
  • San Diego’s unemployment rate remains below both the state rate of 4.4 percent and the national rate of 4.1 percent.
  • The labor force grew by 3,700 workers during the month and is now up 24,600 compared to a year ago.
  • Total nonfarm employment is up 9,700 in February and up 19,900 over the year.
  • The largest employment gain over the year occurred in educational and healthcare services, which added 6,900 jobs.