CVEP has one overarching goal—diversifying the economy of the Coachella Valley. We are too dependent upon tourism and sales which are extremely vulnerable to economic recessions and downturns. Canadian snowbirds naturally limit their visits when the Canadian dollar weakens against the US Dollar. We are at the mercy of the macroeconomy and currency valuations. Today’s [...]
Regional economic development depends on cooperation. It cannot be done alone. Over the last year, I have collaborated with Sean Smith, Visit Greater Palm Springs (VGPS)’ Director of Economic Development. VGPS generously purchased a database helping both of our agencies better understand the industry sectors and jobs specific to the Coachella Valley. Sean and I [...]
It's that time of year again for CVEP staff. We're busily preparing for our annual Economic Summit. The summit is going to be a little different this year. With renewed energy, new leadership, and the celebration of 20 years of the Summit, we have some exciting changes and initiatives to share. We encourage all to [...]
In my last blog, I mapped where the Coachella Valley's working population is concentrated. Now let's look more closely at the types of occupations valley workers occupy. We will explore a ranking of occupation classes derived from the Bureau of Labor Statistics Standard Occupational Classification (SOC) system. We'll rank the classes by the total number [...]
CVEP’s inimitable leader, Joe Wallace, frequently forwards the CVEP staff timely and persuasive articles about subjects pertaining to our regional economic development efforts. Recently, he sent a table displaying rankings of underemployment amongst recent college graduates. Note that these are not unemployed graduates, but underemployed graduates. If you are not making full use of your [...]
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