Some Strength, Some Setbacks in the Los Angeles Labor Market
At the start of 2025, Los Angeles’ economy was much like California’s—demonstrating resilience despite major changes in recent years. Then devastating wildfires earlier this month took lives, destroyed homes and businesses, and led to massive displacement of residents across LA. While t…
FAQs about Some Strength, Some Setbacks in the Los Angeles Labor Market Coupon?
How has gentrification impacted the economy of Los Angeles?
In Los Angeles this manifested itself in increasing amenities and upscale residences downtown and a new generation of talent gentrifying other communities in the eastern parts of the City. The economy of Los Angeles has and will continue to benefit from this revitalization. ...
What is the forecast for the city of Los Angeles economy?
From this perspective, our forecast for the City of Los Angeles economy is for continued growth over the next five years. After 2017, we forecast that the Los Angeles economy will likely achieve its potential capacity and reach full employment. As a result, growth will then slow down from the current more rapid recovery phase rate. ...
What happened in Los Angeles after the Great Recession?
Nationwide the aftermath of the Great Recession intensified an inner-city renaissance movement. In Los Angeles this manifested itself in increasing amenities and upscale residences downtown and a new generation of talent gentrifying other communities in the eastern parts of the City. ...
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