The Bay Area Council has published "The Innovation Economy: Protecting the Talent Advantage" that portrays a stark future for the area, largely resulting from the "unaffordability" (second only to NYC) of the nine-county northern California region.
"The Bay Area economy has rebounded from the dot-com collapse, but the region's infrastructure problems and rising costs threaten its ability to attract talented workers, according to a profile of the region to be released today."
"'We talk to employers about why they're here and the No. 1 reason is the workforce,' Sean Randolph, chief executive officer of the Bay Area Economic Forum, said. 'We're at risk of losing the talent advantage. The incredibly high cost of living, especially driven by the high cost of housing, is making it harder and harder for people to continue to live and work here, which means it's harder to attract companies than it was.'"
"So-called knowledge-based occupations dominate in the Bay Area, accounting for 64.4 percent of the region's employment, compared with 59 percent nationwide. Knowledge-based occupations are those based on high levels of education and training."
Thanks to MTC-ABAGLibrary
FULL STORY: Bay Area economy has roared back

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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