CERF Blog

The California Center for Jobs and the Economy has released a report comparing Los Angeles County’s economy with the Bay Area’s growth.  Needless to say, Los Angeles doesn’t look good in the comparisons. Early on, they not that Los Angeles’ economy has been almost unique in not creating jobs: In their March 2014 report, UCLA… Read more

Los Angeles County’s November jobs report showed a moderating unemployment rate of 12.2 percent, down from 12.5 percent in October, due to a decline in the labor force. Payroll job declines improved from 3.8 percent lower than last year in October to 3.5 percent lower than last year in November. The sectors that are getting… Read more

The current economic downturn is a serious one, especially for coastal California counties. Los Angeles County also experienced a serious and prolonged recession in the early 1990s. The early 1990s United States economy experienced a cyclical economic downturn while Los Angeles County also experienced a major downsizing of its aerospace and defense industries. The contraction of… Read more