Creating a $15 minimum wage at U.S. airports will provide transformative economic benefits for low-paid air transportation employees who work 24-7 in a fast-paced, noisy environment, providing essential services for airlines and the traveling public. The $15 wage will also generate job growth in businesses where airport workers spend their wages, lift many out of poverty, reduce dependence on public assistance, and boost tax revenues that pay for crucial government services.
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.
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.
Purpose This report identifies the characteristics of the most vulnerable, distressed and costly homeless residents of Santa Clara County to guide strategies for stabilizing their lives through housing and supportive services, improving their wellbeing and reducing public costs for their care. The Study This report analyzes 25 million records for the entire population of residents who experienced homelessness in Santa Clara County at any point from 2007 to 2012 – a total of 104,206 individuals.
Most California school employees in classified positions such as teacher assistants, childcare workers, janitors, and office clerks struggle to support their families with incomes that are often inadequate to pay for food, housing and health care. The median annual earnings of classified workers in 2012 was only $20,700, well below self-sufficiency standards.
Raising L.A.'s minimum wage to $15.25 per hour will put $5.9 billion new dollars into the pockets of workers and families, and provide stimulus benefits for under-invested communities.
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.
Highlights Unemployment and under-employment 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 under-employed.
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.
Executive Summary The triage tool, or crisis indicator, identifies homeless individuals in hospitals and jails who have continuing crises in their lives that create very high public costs. This redesigned tool is four times more accurate than the earlier screening tool released in 2010. The tool is developed for use in jails, hospitals and clinics where homeless individuals with high levels of need and high public costs are most likely to be found.
Executive Summary Counties bear large hidden costs for individuals with disabilities who are indigent or homeless. This includes costs for health care, jails and probation in addition to readily identifiable county costs for public assistance. A large share of this cost is health related – costs that the federal and state governments would pay through Medi-Cal if the individuals were receiving Supplemental Social Security Income (SSI).
The most concrete characteristic of a recession is that demand disappears for some of the commodities produced by workers and unwanted unemployment is imposed on a large segment of the labor force. With growing job losses in the current recession it is important to know, whose boat falls when the economic tide recedes?
There are at least three reasons why it has become important for Los Angeles to exert purposeful influence on its own economic trajectory: The population has grown steadily but the number of jobs in the formal economy, where employers comply with labor law, is still below the level of 1990.
Dear Honorable Members of the Committees: In response to the request from the Office of Councilmember Ed Reyes, Los Angeles City Council, the Economic Roundtable has produced this briefing paper estimating the economic impacts of the city’s purchases, as well as the share of these impacts that occur outside of Los Angeles.
While the visitor industry is a key economic engine for LA, it’s Lodging industry shows signs of structural weakness. Compared to the size of its visitor economy, LA’s Lodging inventory is only 62 percent of the national average. Compared to other cities with which it competes for tourism spending, LA’s Lodging industry serves a relatively small number of visitors given the size our economy.
Synopsis There is extensive evidence of a growing informal labor force in Los Angeles City and County, along with stagnant employment in the formal labor market. Between 2000 and 2004, the working age population in the county grew by 4.9 percent, but the number of wage and salary jobs (i.e., the formal economy) declined by 2.3 percent.
What is the informal economy?
The informal economy produces legal goods and services that are not effectively regulated. Such activities can give rise to abuses by employers who fail to respect basic labor, safety, immigration, and tax laws, leaving workers without rights. How can it be measured?
SYNOPSIS Overview The loss of a welfare safety net for most adults for most of their lives makes the quality of jobs available to the working poor and their success in finding and keeping jobs increasingly important. The economic and civic life of the Los Angeles region will be shaped by connections that are made, or fail to be made, between the growing ranks of working poor and opportunities for steady, sustaining, productive employment.
Purpose The South Bay Economic Adjustment Strategy has been prepared to help elected officials, public sector staff, business leaders, and citizens take coordinated, effective action to recover jobs lost because of defense cutbacks. The strategy has been prepared under a grant from the Office of Economic Adjustment in the Department of Defense that was administered by Los Angeles County’s Community Development Commission.
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.