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.
Communities in Los Angeles County have a new set of tools for land use decisions and development policies that decrease greenhouse gas emissions and improve workers’ wages. A report by the Economic Roundtable, Industry Greenhouse Gas and Wage Sustainability, identifies the climate change effects as well as the wage sustainability of jobs in each industry.
A $15.37 minimum wage for Los Angeles hotels with 100 or more rooms would affect over 5,000 low-wage hotel workers, including housekeepers, janitors, banquet servers, bellhops and desk clerks. The twenty year trend for hotel growth and rising hotel occupancy and revenue support the finding that the proposed new minimum wage is feasible for the hotel industry in Los Angeles.
Executive Summary (excerpt) At the peak of California’s most recent drought in 2009, the Los Angeles economy was in severe recession, with unemployment above 12 percent. These twin crises identified a policy opportunity to tackle both challenges together. Public investments in water use efficiency provide economic and job benefits alongside the environmental benefits from using less water.
Poverty adversely affects the lives of Los Angeles residents as well as the City as a whole. Among other things, poverty has a direct financial impact on local government because of above-average per capita costs for municipal services related to police and fire protection, courts, education, and other services in poor neighborhoods.
SYNOPSIS Overview The City of Long Beach and other centers of aerospace production that reaped the rewards of the 1980s defense-spending boom must now confront the realities of restructuring. Since World War II, the Douglas Aircraft plant made Long Beach an important center of the US aerospace industry and dominated the local economy.