Won asks which industries and cycles drove 400K projection
Won asks which specific industries and growth cycles were used in the forecast methodology, saying the public deserves to know so they can calculate a realistic number. Perry says it's too early to know whether the city is on track, suggesting 2030 as a benchmark year to reassess, given the shift from Biden to Trump administration policies.
So which industries and which cycles are you referring to?
The public deserves to know how you forecast this for the 400,000 so that we can make up for the delta and come to a realistic number of what that actually will be for job creation with our realities today.
Definitely appreciate the question, Chair One.
I want to step back a little bit because I think we share both your goals and concerns and want to be transparent with the public about like where our numbers are, where we're heading.
I think what my colleagues are alluding to, and I'll try to be like a little clear about it, is that it clearly was a projection, right?
The 400,000 was a projection based on what we knew at the time.
That said, I think it's, from our perspective, it still feels a little too early to know whether or not we are on track.
I understand the desire.
for concrete numbers every year, the way that the projections were based was really over like longer cycles.
So while we are currently, like when the plan rolled out, obviously we were under the Biden administration, who had like really fulsome investments in many of these sectors.
I think we have definitely seen a rollback with the Trump administration.
And so,
We need to wait a little bit longer, I think, to see what future administrative policies may look like.
That said, we are continuing to move our pillars of the plan forward.
And I think it's important to note that many of the things that were in the plan, I know we've said this before, and I know when I first read the plan, I wanted to understand it a little bit better, that many of the jobs are transitioning, right?
So like they're jobs that currently exist.
So that's your HVAC person who's doing something that's like not.
My colleagues will help me on the correct terminology, but they're doing the HVAC work, but they're doing it in ways that don't necessarily employ green technology or the latest green practices.
Those jobs are not complete.
Those are transition.
We consider those transitioning jobs, right?
So there's like a subset of jobs that will transition who are jobs that exist today.
It's not 400,000 net new.
It's a projection of 400,000 green jobs.
So some of those will be net new and some of those will be transitioning.