The Leading Voice of Business in Orange County

Tuesday, October 9, 2012

OCBC AND OCWIB RELEASE 2012/2013 WORKFORCE INDICATORS REPORT

Today 300 education, business and community leaders gathered for the 2012 Workforce Development Conference, sponsored by Union Bank, to discuss workforce trends and the state of education in Orange County. OCBC Chief Economic Advisor Dr. Wallace Walrod unveiled the 2012/2013 Workforce Indicators Report, a partnership between OCBC, the County of Orange and the Orange County Workforce Investment Board. Key findings from the report include:

  • In 2011, OC had the lowest high school dropout rate compared to peer counties and the state, at just 9.3%, a 24% drop from the previous year. 
  • Asians had the highest levels of eligibility into the UC/CSU system, at 69%, while Latinos had the lowest rates of eligibility at 27%.
  • Tech-related degrees account for roughly 17.7% of the total undergraduate degrees granted in 2009-2010. While these degrees are increasing, the rate is still outpaced by Orange County employers' need for a STEM trained workforce.
  • CLICK HERE to view the Workforce Indicators Report. CLICK HERE for the key findings. 

Bill Habermehl, former Orange County Superintendent, interviewed featured guest Michael Robinson, General Manager, U.S. Health and Life Sciences at Microsoft Corporation. Robinson addressed the impact of health care reform on business, and the need for broad community engagement to tackle rising costs. Robinson stressed the importance of businesses and community colleges working together to tailor workforce training programs to meet business needs, and discussed the workplace skills and job preparedness that is lacking in many recent college grads and young people entering the workforce for the first time. CLICK HERE for photos from the conference. For more information contact Alicia Berhow, Vice President of Workforce Development and Advocacy. 

VOTE THIS. NOT THAT.
yesno OCBC's Board of Directors has taken positions on local and state propositions, and endorsed candidates, and encourages your vote as follows:

LOCAL MEASURES: 
Measure EE, City of Newport Beach - SUPPORT 
Measure EE is a common sense solution for ensuring Newport Beach remains a transparent and fair city. By removing outdated language from the city's charter, Measure EE ensures Newport Beach uses the most efficient and cost effective methods of governance, saving the city and taxpayers money and time.
Measure M, Coast Community College District - SUPPORT 
The $698 million bond will allow the community college district to update technology and facilities and repair classrooms and laboratories. The bond gives the district greater local control in the face of state funding cutbacks to community colleges.
Measure W, City of Fullerton - SUPPORT

This public-private partnership will preserve a majority of West Coyote Hills as natural open space for the public, and provide $30 million in private funding to improve Fullerton's roads, schools, fire protection, library technology and parks, including the opening of the Ward Nature Preserve. CLICK HERE to read more. For more information contact Alicia Berhow, Vice President of Workforce Development and Advocacy.
OCTAX GIVES THUMBS UP TO COMMUNITY COLLEGES' MEASURE M

BIG NEWS: On October 3 Coast Community College District received notification from OCTax that Measure M meets all of the organization's criteria, which includes specific standards for interest rates, how the funds will be spent, citizens' oversight, and an annual audit of bond funds. The $698 million bond is a proactive measure from Coast Community College District to provide greater local control in response to cutbacks in state funding for community colleges. The bond will be used to update technology and facilities and repair classrooms and laboratories. The bond will not be used for administration, instructor salaries or operational costs. If passed by the voters in November, the bond will require a new citizen's oversight advisory committee to oversee allocation of bond funds. For more information contact Alicia Berhow, Vice President of Workforce Development and Advocacy.  

OC'S HOUSING MARKET IS LEADING THE STATE'S RECOVERY
You've heard the buzz--Orange County's housing market is showing renewed signs of strength. Local and state housing market trends reveal some interesting data:
  • The median sale price for existing single family homes reached $567,710 in August, an 11.6% increase from last year.
  • Sales of existing single family homes were up 23.4% in the last 12 months.
  • Orange County construction employment is up 6,500 in the last four months.
At the state level, home sales bounced back from the summer lull, with July single-family home sales rising 15.3% over last year. Meanwhile, the statewide median home price increased for the fifth straight month, recording the highest mark in almost four years at $333,860. The price increase was due to upward price pressure from supply constraint, as well as greater demand for high-priced homes. Unsold inventory declined 30% from last year, with the decrease more pronounced in lower-priced segments. Housing markets in OC and the Bay area, where many high-priced homes were sold, experienced double-digit gains in sales over last year. Counties in the Inland Empire and Central Valley, however, showed minimal growth or a decrease in sales, as lack of inventory remains an issue. For more information contact Dr. Wallace Walrod, Chief Economic Advisor.
SAVE THE DATE: 2012 WORKFORCE HOUSING FORUM

Join OCBC at the 2012 Workforce Housing Forum on Friday, December 7, where OCBC Chief Economic Advisor Dr. Wallace Walrod will present the 2012/2013 Workforce Housing Scorecard. The forum will take place at the Hyatt Regency Irvine Conference Theatre, 17900 Jamboree Road, from 7:30 a.m. to 9:00 a.m. Sponsorship opportunities are available. CLICK HERE for registration and sponsorship information. For more information contact Leslie Dods, Events Manager.  

FULL STEAM AHEAD FOR OC TRANSPORTATION PROJECTS

On September 27 the California Transportation Commission, where OCBC President and CEO Lucy Dunn serves as a member, allocated to Orange County $36.4 million in transportation funding. $35 million will go towards the SR-91 freeway auxiliary lane project, which combined with OCTA funds, will connect existing auxiliary lanes on westbound SR-91 between SR-57 and I-5 to create a continuous fourth lane. Construction will begin this winter and will create 624 jobs. OCTA also received $700,000 for the construction of a surface parking lot at the Laguna Niguel/Mission Viejo Metrolink Station. Caltrans District 12 received $700,000 for wildlife and vegetation enhancements at the Coal Canyon Interchange on SR-91. For more information contact Dr. Wallace Walrod, Chief Economic Advisor. 

WE'RE ALL IN THIS TOGETHER

On September 28 more than 800 transportation, business and public sector leaders gathered at the Disneyland Hotel for the 11th Annual Southern California Transportation Summit, presented by Mobility 21. Under the theme, "We're All In This Together," attendees heard from distinguished keynote speakers including The Honorable Tom Umberg, Board Member, California High Speed Rail Authority, Barry B. LePatner, author of Too Big to Fail: America's Failing Infrastructure and the Way Forward, and Representative Bill Shuster, Chairman of the House Committee on Transportation. Awards were presented to California's top transportation leaders, including Fran Inman, CTC Commissioner, Cindy Quon, former Caltrans District 12 Director, and The Honorable Bill Campbell, Orange County Supervisor. Breakout sessions allowed participants to brainstorm on topics ranging from transportation and the ballot box to alternative fuel vehicles to transportation branding. OCBC President and CEO Lucy Dunn moderated the conference's closing session, a Southern California roundtable discussion featuring regional transportation executives. CLICK HERE for a complete listing of award winners and videos from the event, including the closing session with Lucy Dunn.  For more information contact Dr. Wallace Walrod, Chief Economic Advisor. 

GET THE LATEST ON HEALTHCARE FROM HOAG'S EXPERTS - OCT. 15

The 2012 Forum on Healthcare, presented by Hoag Hospital Foundation, provides Orange County businesses access to industry experts on the leading edge of changes in healthcare. The forum will focus on what's needed from all stakeholders to improve access to quality healthcare while managing costs. Distinguished speakers include David Lansky, Ph.D., President and CEO, Pacific Business Group on Health, Richard Afable, M.D., M.P.H., President and CEO, Hoag, and Michael Mussallem, Chairman of the Board and CEO, Edwards Lifesciences. The forum will take place on Monday, October 15 from 7:00 a.m. to 10:00 a.m. at the Hyatt Regency Irvine. Register by visiting www.forumbyhoag.com. For more information, please contact Stacy Hunt at (949) 764-7205 or foruminfo@hoag.org.  

CSUF/OCBC CRYSTAL BALL: WHAT'S OC'S ECONOMIC FUTURE? FIND OUT OCT. 25!

Join OCBC and the Mihaylo College of Business and Economics at Cal State Fullerton for the 18th Annual Economic Forecast Conference, where economic experts Dr. Mira Farka and Dr. Anil Puri will share the latest opportunities for business growth; whether through expansion, hiring, or increasing revenues, the information provided will help all businesses plan for their future. Andrew Cecere, Vice Chairman and Chief Financial Officer for US Bank, will keynote the event, sharing his insights as a global financial leader. This event will sell out early! Get your tickets now!

When: Thursday, October 25, 2012  I  11:00 a.m. - 1:30 p.m.
Where: Hyatt Regency Irvine, 17900 Jamboree Rd., Irvine
Cost: Individual: $150  I  Table of Ten: $1,250
 
New this year! Be a part of the conference and use #EFC2012 on Twitter to have your questions answered.

Thank you to conference sponsor US Bank. Additional sponsorship opportunities are available. For more information contact Leslie Dods at 949.794.7241.
IT'S THE MOST TALKED ABOUT HOLIDAY PARTY OF THE YEAR!
Join OCBC, ACC-OC, BIA-OC, and the Orange County Hispanic Chamber of Commerce, under the banner of the Orange County Leadership Symposium, for the 2012 Holiday Reception! Taking place Thursday, December 13 from 5:30 to 7:30 p.m. at Hyatt Regency Irvine's 6ix Park Grill, this party is the most talked about of the holiday season! Contact your affiliation to RSVP or for sponsorship opportunities. OCBC Members: To RSVP, contact Leslie Dods at ldods@ocbc.org or 949.794.7241.
COUNTY'S PERFORMANCE AUDITOR DIRECTOR CHOSEN AS A "BRIGHT IDEA"
Orange County's Office of the Performance Audit Director was recognized as an innovative government initiative by the Bright Ideas program of the Ash Center for Democratic Governance and Innovation at the John F. Kennedy School of Government, Harvard University. Orange County's Performance Audit function, established in 2008 by the Board of Supervisors, is designed to assess the efficiency and effectiveness of County operations. This innovation has resulted in the provision of reliable and insightful information to elected officials, increased accountability, significant cost savings and enhanced public transparency.

"Performance Audit has helped the Board identify and implement numerous critical improvements in County operations, saving taxpayers millions of dollars," said John M.W. Moorlach, Chairman of the Board of Supervisors. "We are honored by this recognition of our efforts to make County government more efficient and responsive to the public." CLICK HERE for more information.
MEMBERS IN THE NEWS
COMMUNITY EVENTS

Girl Scouts of Orange County Celebrate Leadership Gala - Friday, October 26 

Save the Date for the Girl Scouts of Orange County Celebrate Leadership Gala, taking place October 26 at The Island Hotel in Newport Beach. The 3rd annual celebration will commemorate Girl Scouting's 100th anniversary. CLICK HERE for more information.   

 

3rd Annual Spirit of Excellence Gala - Saturday, October 27

With five weeks to go, the Irvine Public Schools Foundation (IPSF) is excited to announce that its 3rd Annual Spirit of Excellence Gala is nearly sold out!  Only a few table sponsorships remain, so don't wait to be a part of this exciting and inspirational event. This year's Gala is on Saturday, October 27 at the Kia Motors Headquarters in Irvine. Distinguished Irvine alumni honorees include Annie Mumolo, producer/writer of Bridesmaids, Tim Wallach, 3rd base coach for the LA Dodgers, Barry Perkins, lead trumpeter for the Pacific Symphony and Ross Vnook, Stanford Phd and renowned expert on MRI safety. Please contact IPSF as soon as possible at  cvancamp@ipsf.net or 949-265-6409 for more information, or visit  www.ipsf.net to find out more about the Gala and how to get involved. 

UPCOMING OCBC COMMITTEE MEETINGS: OCTOBER
Government Affairs Committee Meeting

Friday, October 12, 2012 I 9:30-11:00am

 

Economic Development Committee Meeting

Monday, October 15, 2012 I 4:00-5:30pm

 

Economic Forecast Conference Committee

Tuesday, October 16, 2012  I  11:00am-12:00pm

 

Workforce Development Committee Meeting

Wednesday, October 17, 2012 I 7:30-9:00am

 

Committee meetings are open to OCBC members and invited guests only.All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2012 check out OCBC's Committees. For more information, contact Leslie Dods at (949) 794-7241 or ldods@ocbc.org.

IN THIS ECONOMY, YOU NEED ALL THE HELP YOU CAN GET!

SPECIAL DISCOUNTS FOR OCBC MEMBERS. One of the many benefits of being a part of the Orange County Business Council is the ability to leverage our member relationships to improve your business. Take advantage of our new offers:   

 

NEW! TIGER WOODS FOUNDATION 2012 WORLD CHALLENGE

The 2012 World Challenge, Southern California's most prestigious golf event, is just a few months away! This year's event is sure to provide fans with exciting golf competition from 18 of the PGA TOUR's best players, including defending champion Tiger Woods. The World Challenge would like to host OCBC and its members with an Exclusive OCBC member package which includes access to the Sherwood Clubhouse, a private hospitality suite, a networking luncheon, and access to the tournament grounds and Champions Club to watch the world's best golfers. Package price is $135 per person for Friday, November 30, 2012.  The World Challenge is generously donating 15%of each package purchased to OCBC. CLICK HERE for more information. CLICK HERE for the offer details.  

 

SPECIAL DISCOUNTS FROM TOSHIBA  

OCBC members receive special discounts on Toshiba LCD televisions, laptop computers and accessories. CLICK HERE for the discount website or call 1-800-405-3704 and reference PROGRAM ID: PAOB.

 

DISCOUNTED SHIPPING RATES
Through the UPS Discount Program, OCBC members can save up to 28% on international, air and ground shipping. Whether you need a shipment to arrive the same day, the next day or in a few days, UPS will get your package there on time - guaranteed. Visit www.savewithups.com or call Kendra at 714.999.6351.

BACCHUS' SECRET CELLAR WINE BAR CAN HELP YOU!  Bacchus' is the perfect place for your business to turn to for all your holiday needs. Let our friendly staff and beautiful interior bring you and your guests a wine-country experience customized to your liking at a surprisingly affordable cost. Our retail shoppe is perfect for last-minute gifts including over 350 wines, charcuterie and artisan cheeses, wine accessories, food frills, and gift baskets tailored to your specifications. Please contact Garett Savage (garett@bacchussecretcellar.com) to reserve your holiday party today while there is still space.
GET CONNECTED ONLINE WITH OCBC 
Do you tweet? Have a Facebook page or surf Youtube? Then follow the latest news and information from OCBCsocial media online. The leading voice of business is connecting you to business in Orange County like never before. Follow us on Twitter. Join our Facebook page. Find us on FourSquare. Tune into our YouTube channel. Check out OCBC's blogs: Dunn and Done and CaliforniaSquirrel.

If you have questions on how to get connected with the Business Council online, please contact Katherine Reedy, Director of Communications, at 949.794.7221.
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IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE 
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