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Based on the Business Activity table above,what are the major employment sectors within <br /> your jurisdiction? <br /> The city's economic base is driven by Information, Professional,Scientific,and Technical Services, and <br /> Advanced Manufacturing—which include the sub-industries of software, information technology, <br /> computer engineering, medical technology, and life sciences.The businesses within Pleasanton's <br /> Information, Professional, Scientific,and Technical Services, and Advanced Manufacturing sectors are <br /> inter-related and represent Pleasanton's specialization in knowledge-based industries that drive <br /> innovation—i.e.,an economy with growth driven by industry sectors focused on the creation and <br /> production of breakthrough technologies and processes.As well,these sectors experience significant <br /> entrepreneurial activity and venture capital investments,that leads to the formation and growth of new <br /> companies in the city. <br /> Of the 55,049 jobs in the city, 17,066 of the 55,049 jobs in the city are in these sectors. As of <br /> late 2019,there are approximately 63,000 jobs among all the companies in Pleasanton, many of which <br /> are seen as innovative in their fields and which account for much of the City's economic base.The <br /> sectors that have concentrated in Pleasanton—information technology, computer engineering, bio- <br /> medical research, and advanced manufacturing of medical devices—also generate jobs in other <br /> industries such that firms of all sizes and in a variety of sectors have demonstrated success in <br /> Pleasanton. <br /> Describe the workforce and infrastructure needs of the business community: <br /> Pleasanton is a highly-competitive employment center,with long term growth that has outpaced the Tri- <br /> Valley and East Bay. Despite a drop in employment during the economic downturn in 2009-2012 in <br /> Hacienda business park—the largest concentration of employment in Pleasanton and a bellwether for <br /> the City's economy—the city experienced a rapid recovery beginning in 2012 and continued job growth <br /> extending into early 2020. Pleasanton provides excellent accessibility to a diverse,well-educated and <br /> highly-skilled labor force as the city's location provides access to workers throughout the region— <br /> especially the East Bay and the Silicon Valley—via the 1-580 and 1-680 freeways, as well as offering <br /> commute options via BART and ACE trains.This accessibility allows for mobility of goods and workers, <br /> which is a primary consideration for employers. As well, Pleasanton offers high-quality business districts <br /> with diverse types and sizes of Class A office,Class B office, and flex space,often with supporting <br /> amenities and infrastructure. Office space in Pleasanton is generally much lower in cost than other core <br /> Bay Area locations that offer similar types of office products,which is an important asset to businesses <br /> across a range of industry sectors. <br /> While Pleasanton's built environment offers many advantages for business development, because much <br /> of the City's housing and commercial space was built in auto-centric, low-density development patterns, <br /> the types of products currently offered are not in sync with changing employer and worker preferences. <br /> The existing employment centers are not well integrated with housing and retail, and some lack <br /> adequate data infrastructure.There is a need to provide the mixed-use, pedestrian-friendly, amenity- <br /> Consolidated Plan PLEASANTON- DRAFT 21 <br /> OMB Control No:2506-0117(exp.06/30/2018) <br />