The Northern California Megaregion includes three of the fastest growing counties in the state. San Joaquin, Santa Clara, and Yolo counties were ranked second through fourth, respectively, in 2015 percentage population growth—all with a 1.3 percent annual increase and the forecast is a doubling of
these counties by 2040. This will shift the center of the Megaregion from the Bay Area to Stockton.
Stockton can become the center for these new technology jobs within this growing NorCal Megaregion as a future result of this interconnected technology adoption process. However, to be successful we must increase the educational levels of our children and this growing labor force to reach the jobs and business opportunities afforded by this new tech economy. 19.1 percent of Bay Area workers were employed in high-tech sectors in 2014. High-tech employment in the Bay Area has grown by 18.7 percent since 2007, giving it the biggest percentage increase of high-tech employment of any California region.
Educational attainment continues to be the major issue preventing companies from expanding to all parts of the NorCal Megaregion. In 2014, 70 percent of the Bay Area workforce had obtained some type of post-high school education where only 49 percent in the Northern San Joaquin Valley. Talking to the
Silicon Valley companies, I get the response that “you don’t have enough talent” or “our people don’t live there."
Our answer is the development of planned communities which are sprouting up throughout San Joaquin County in which you can live, work, play and belong, creating a better economic quality of life for all.
Reprinted courtesy of Greater Stockton Chamber of Commerce Port O Call.