A Stimulus Effect for the Region. Over 54,000 workers employed in Long Beach’s formal economy will be affected by increasing the minimum wage to $15. The annual earnings of workers will increase by about $405 million. The largest share of increased wages—almost $130 million—will go to workers who also live in the City of Long Beach The greatest number of affected workers and the largest payroll increases will be in restaurants, retail trade, education, transportation and warehousing, and health care.
The number of Los Angeles residents experiencing chronic homelessness continues to grow even after housing over 10,000 individuals in the past three years. The flow of individuals into chronic homelessness is unabated—the pathways have not been closed. Public assistance programs are Los Angeles’s primary interface with individuals experiencing homelessness.
ECONOMIC IMPACTS Street vending is a $504 million industry in Los Angeles. Every year, 50,000 microbusinesses set up shop on the sidewalks of the city, according to the Bureau of Street Services. Three-quarters sell merchandise, such as clothing and cell phone accessories. The other 10,000 sell bacon-wrapped hot dogs, tamales, and ice cream, street food for which Los Angeles is famous.
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San Gabriel Valley ranks in the lowest tier, in terms of sustainability measures, emitting less greenhouse gases per job than the County but compensating workers at lower wages.