Brewing Perfect Economic Storms Egypt Fukushma Reactor, Japan Gus Koehler, Ph.D. Time Structures, Inc. For The Assembly Committee On Jobs, Economic Development And The Economy Jose Medina, Chair February 4, 2013 Wall Street, NY New York
Average Growth Rates of US labor productivity is Faltering in the 21 st Century Contributing to Income Inequality Robert Gordon (2012). Is US Economic Growth Over? Faltering Innovation Confronts the six headwinds. Cnetre for Economic Policy Research. Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , http://www.cepr.org/pubs/PolicyInsights/PolicyInsight63.pdf an Economic Development Advisory Group since 1996 www.timestructures.com
Income Inequality Slows Sustained Growth A. Berg and J. Ostry (2011). Inequality and Unsustainable Growth: Two Side of the Same Coin? International B. Monetary Fund. http://www.imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
National Competitions for Global Competitive Advantage: Less Predictable Ones New Materials & Advanced Manufacturing Global Logistics + + Invented Programmable Technologies: Machine Systems Organisms Learning melds with cognitive Science + New Organizational Energy Efficiency and Emission Reduction vs. Forms and Services Effects of Climate Change Diverse Networks Ubiquitous use of IT, (Research, Financial, Innovative + + + Massive Data Bases Production, Energy, Workforce Skills and Social Media Conservation, Supply, In Groups etc.) Brief Competitive Advantage Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
31 28 Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , Time Structures http://www.nsf.gov/statistics/seind10/pdf/c04.pdf an Economic Development Advisory Group since 1996 www.timestructures.com
Entrepreneurial Kauffman Foundation, 2012 at: http://www.kauffman.org/research-and-policy/kiea-2012-infographic.aspx Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
World too few High-Skilled + Medium Skill Worker = Business Magnet for countries with more skilled workers Percent of Total Unmet Worker Demand is : Million Global Million Source: McKinsey Global Institute, The World at Work 12 http://www.mckinsey.com/insights/mgi/research /labor_markets/the_world_at_work Slide Prepared for the Feb. 4, 2012 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
California Certificate and Degree Completion Rate Is Low Source: The National Center for Public Policy and Higher Education, “Measuring -up 2006 .” http ://measuringup.highereducation.org/_docs/2006/statereports/CA06.pdf Slide Prepared for the February 4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
For California: http://www.ppic.org/main/publication.asp?i=895 Slide Prepared for the Feb. 13, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
Latinos Will Dominate 2020 Workforce: Our Second Hope Graph : Percent of California's Workforce Population by Ethnicity Aged 15-59 50.0% 14.0% 45.0% 12.0% 40.0% 10.0% 35.0% White White and Hispanic All Other Ethnic Groups Hispanic 30.0% 8.0% Asian 25.0% Pacific Islander 6.0% Black 20.0% American Indian 15.0% 4.0% Multiracial 10.0% 2.0% 5.0% 0.0% 0.0% 2000 2010 2020 Source: CA Dept. of Finance and Time Structures Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
US Source: Prosperity Economics, 2012http://www.epi.org/files/2012/Prosperity_Economics.pdf Slide Prepared for the Feb.4, 2013 Legislative Hearing by Time Structures , an Economic Development Advisory Group since 1996 www.timestructures.com
Time Structures, Inc. Contact Information Presentations like this have been made to, among others, the California Community Colleges, Chancellor’s Office, California Workforce Investment Boards, California Redevelopment Association’s Board of Directors, California Student Financial Aid Commission, California Council on Science and Technology, California Association for Economic Development, and the various local economic development organizations. To make arrangements to have this presentation made to your group or to have one created to meet your particular needs contact: Gus Koehler, Ph.D., President Time Structures, Inc. 916-564-8683 or Gus@TimeStructures.com
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