61.6 F
Los Angeles
Thursday, Dec 19, 2024

Mid-Year Economic Forecast: L.A. Will See 125,000 Job Openings in Health Care in Next Five Years, According to New Report

In a continuing series of industry deep-dive reports, the Center for a Competitive Workforce recently released Health Care Services in the Los Angeles Basin, which forecasts job opportunities, analyzes changing skills requirements, and illuminates career education pathways for the local-serving health care industry in the greater LA Basin. The report, accompanied by a 12-page overview, was funded by the Strong Workforce Program, an initiative of the California Community Colleges Chancellor’s Office.

The report reveals how significant the industry is to the local economy, with a current employment of 588,330 public and private payroll workers, based on the most recent data, which equates to a full 10 percent of total regional employment. The industry has added almost 116,000 jobs in the past ten years and is projected to provide over 125,000 job openings in the next five years, of which approximately 67,000 are new jobs and 59,000 are replacement worker opportunities as people change occupations.

This third report from the Center is designed to help training providers such as the community college system align programs with demand from local industry, help employers identify and engage with those talent pipelines, and help students learn about the middle skill occupations that present career opportunities. The report includes an analysis of 15 middle-skill occupations for which community colleges offer degree and/ or certificate programs, and presents granular data on wages, job openings, educational requirements, and demographics of those in-demand occupations. The report also presents data on the supply of talent coming through the community colleges and workforce development boards in the region.

The highest growth by number of jobs is forecasted to occur in the ambulatory health care and services subsector, and the report also finds there is a talent gap for nurses, with the shortage acutely felt in the field of specialty nursing, exacerbated by a shortage of instructors.

One of the report’s key recommendations is to increase the amount of industry partnerships with educational systems so that the increasingly technical skills requirements are being conveyed to schools and included in curricula, so programs remain tightly aligned with tasks performed in occupations.

“Health care is a high-growth industry that offers significant employment opportunities for middle-skill workers” said Shannon Sedgwick, LAEDC senior economist and report co-author. “Our jobs forecast provides industry intelligence our community colleges need to ensure their talent supply can meet the industry’s demand for middle skill workers.”

The LAEDC is already beginning research for the next CCW report, on the professional services industry.

“This report helps us identify skills gaps and align workforce development with the hiring needs of our local health care employers,” said David Rattray, Executive Vice President, Los Angeles Area Chamber of Commerce. “We urge participation in our industry council, where business and industry can lead demand driven strategies and partner with our colleges and post-secondary educational institutions to develop fruitful workforce strategies that will further the Los Angeles economy.”

“The state’s investment in California’s community colleges is helping deliver the strong workforce needed to fuel regional economies and advance social mobility,” said Van Ton Quinlivan, California Community Colleges Executive Vice Chancellor of Workforce & Digital Futures. “The more that employers engage and identify the skillsets they need, the better our colleges can deliver talent.”

The report provides industry data for the LA Basin, defined as the combined total of Los Angeles and Orange Counties. In addition, the report aggregates the supply-side talent data from three of the region’s Workforce Development Boards, and the 28 community colleges in the LA|OC Regional Consortium of community colleges, a consortium which includes much of the Los Angeles County and Orange County region.

Center for a Competitive Workforce, housed at the Los Angeles County Economic Development Corporation (LAEDC), is a Strong Workforce Program regional project of the 19 L.A. region community colleges in the LA/OC Regional Consortium, the Center of Excellence for Labor Market Research at Mt. San Antonio College, the LAEDC and its Institute for Applied Economics, and the Los Angeles Area Chamber of Commerce.

The Center for a Competitive Workforce (CCW) mission is to better align supply and demand data with labor market intelligence, support industry-driven career education and workforce development programs. This serves to strengthen curricula and industry engagement across the region’s talent development systems with the goal to train, educate and upskill a more competitive workforce in LA County for the knowledge-intensive industries that will come to dominate our economic future. This partnership addresses the talent gaps employers face, and better aligns the supply of talent with the projected demand of local employers.

Learn more by visiting www.CCWorkforce.LA.

Return to Index

Featured Articles

Related Articles

Author