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.
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.
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.
Fuel cells are a feasible power system technology for future transit vehicles. The advantages of fuel cells include high efficiency and extremely low vehicle emissions. Progress in fuel cell technology is moving rapidly with limited commercialization expected in this decade. Transit vehicles are a logical first application of fuel cells in transportation. Fundamental to the application of fuel cells to transit is the choice of boarded fuel. Hydrogen and methanol are the favored fuels to store on the vehicle with methanol being converted into a hydrogen rich gas on-board the vehicle. Hydrogen simplifies the fuel cell power plant at the expense of the refueling facility. Methanol simplifies the refueling facility at the expense of the vehicle fuel cell system. Depending on the vehicle mission, range and payload advantages for each fuel can be shown. The total direct and indirect employment created per $1 Billion of demand for fuel cells is 15,157 jobs. Approximately 77% of this employment is found in the manufacturing sector.
SYNOPSIS This survey of industry perceptions of defense conversion in the Los Angeles region followed two years after the bench mark survey of aerospace firms conducted to prepare the “Economic Adjustment Strategy for Defense Reductions.” The purpose was to explore such questions as: Are aerospace firms in the greater Los Angeles region becoming less dependent on defense contracts?
Background An interdisciplinary research team analyzed information about the labor market, economy, industries, and defense linkages of Los Angeles County. The report recommends an economic adjustment strategy to reduce severe job losses projected as a result of cutbacks in defense funding for Los Angeles County industries.