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California Economic Summit Releases 2016 Roadmap to Shared Prosperity

January 13, 2016
The California Economic Summit announced the release of its 2016 Roadmap to Shared Prosperity, which puts forward a plan to achieve multiple ambitious goals — the One Million Challenges — each one vital to expanding sustainable economic growth in California.
The Roadmap is the result of collaboration by the Summit’s network of business, equity, environmental and civic organizations to sharpen strategies at the 2015 California Economic Summit in Ontario, where leaders pledged to work together to meet the One Million Challenges.
What's In the Roadmap
Built on successes in advancing goals shared across the state’s economic regions, the Roadmap lays out what the Summit aims to accomplish in 2016.
A detailed set of action plans highlights the next steps to make progress in three benchmarks essential to the California economy:
  • One million more skilled workers: With wages stagnating and income inequality rising — and millions of Californians struggling to make ends meet in low-wage jobs — industries from health care to manufacturing are still struggling to find skilled workers. The Summit has set a goal of closing this looming “skills gap” by supporting the formation of regional civic organizations that can align the state’s expansive training and education programs with the needs of employers.
  • One million more homes: With housing supply falling far below demand — driving up housing prices and rents beyond what millions of Californians can afford — the Summit will also lead a comprehensive effort aimed at reducing the costs and increasing the supply of all types of housing near transit and jobs.
  • One million more acre-feet of water each year: With Californians using substantially more water each year than the state’s infrastructure can reliably supply, the Summit will support the expansion of watershed management solutions that can help regions conserve, capture, and re-use enough water to achieve a sustainable water balance. 
To read the 2016 Roadmap to Shared Prosperity or learn more information, visit www.CAEconomy.org.
For questions about the Roadmap, contact info@caeconomy.org or (916) 244-1525.

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