Getting to Work: Unemployment and Economic Recovery in Los Angeles
February 1, 2012 / By Daniel Flaming and Patrick Burns / Economic Roundtable, the Pat Brown Institute
Unemployment and underemployment currently represent $25.8 billion in annual wages not earned in Los Angeles County, $28.2 billion in lost private sector economic activity and $4 billion in tax revenue not generated. Over a fifth of Los Angeles County’s labor force is unemployed or underemployed. Over a third of the county’s population lives in a household where one or more breadwinners are under-employed.