Los Angeles County has ten million residents and a civilian labor force of over five million. According to research done by the Los Angeles Economic Development Corporation, 350,000 new non-farm payroll jobs will have been added to the Los Angeles region between 2015 and 2020. BOLD is directing the power of up-to-date industry data and tens of millions of dollars toward tempering the Los Angeles labor force for the cutting edge. Motivated and trained, this is a force with national and global impact. Making it here means making it for everywhere.
Los Angeles has a history of finding solutions for change. It's a place where people go to start something meaningful and to flourish. As a result, this region's impact on agriculture, oil, film and entertainment have become far-reaching, and it's no surprise that Los Angeles has also made its mark on Tech in the Information Age.
Today, technological innovation moves quickly and requires a responsive, specialized workforce. In harmony with Los Angeles' tradition of solving labor problems at the forefront, BOLD has been created. It's a program developed by the city of Los Angeles in partnership with the Los Angeles Economic Development Corporation and the Los Angeles County Work Development Bureau. Its mission is to continually define industry needs and coordinate the Los Angeles labor force to meet them.
BOLD is led by eight individuals who know Los Angeles, and they know how to create. They were chosen for their expertise in, among other things, marketing, manufacturing, real estate, education, business attraction; as well as private, public and regional economic development.
The team works directly with industry leaders in order to understand labor needs and then provides its market intelligence with education, training, and job placement efforts in the Los Angeles region. It also gathers data and referrals from educators and workers and supplies that to employers. Think of BOLD as a means to conduct and deliver information for efficient economic development.
Define
1.Define the educational attainment and paths to required training for the workforce of Los Angeles
Contact
2.Contact and purposefully engage companies to determine hiring needs, skills gaps, and training opportunities.
Coordinate
3.Coordinate intelligence among trainers, job placement experts, and city and county work development bureaus.
Maintain
4.Maintain an in-depth and up-to-date knowledge of distinct industries' trends and challenges.
Engage
5.Engage Staff industry councils to foster personal engagement and comprehensive input.
Share
6.Share Data: targeted employer outreach in-demand trends, forecasted hiring needs, training & placement referrals.