The ocean is essential to our everyday lives. Not only do we rely on its fundamental ecological functions, but the impacts of ocean-based industries are critical to trade and the global economy.
For a complete analysis of Southern California’s Ocean Economy, read LAEDC’s Report The Ocean Economy in Los Angeles County.
In Los Angeles County, employment in existing industries within the blue economy is expected to increase at least 7 percent by 2023. The county’s marine construction industry is driving this employment growth, with a projected increase of 47.7 percent during the forecast period. It is anticipated that job growth will be tied to developing and implementing technologies that improve the effective utilization of ocean resources within emerging industries. In some industries, such as marine aquaculture, job growth will be closely tied to government policies and regulations.
In Los Angeles County, several universities and community colleges provide pathways into the current and emerging sectors of the blue economy. Furthermore, there are programs to train and educate the Los Angeles workforce in the innovative technologies being developed in the coming years.
LAEDC offers no-cost, confidential assistance to businesses seeking to locate, expand, or resolve challenges in the L.A. County region. This service is part of LAEDC’s nonprofit, public benefit mission to support this key industry and the well-paying jobs it creates. Our consultants will help firms access incentives, overcome challenges, reduce costs, develop action plans to improve profits, and develop strategies to avoid layoffs and improve overall operations. Contact our Business Assistance team here.
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