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.
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?
Overview In his 1963 letter from the Birmingham jail Martin Luther King, Jr. described the despair of people “smothering in an airtight cage of poverty in the midst of an affluent society.” It is important to understand the extent to which this image of entrapment still describes the wage-earning lives of the working poor as they try to support their families.
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 of the Report Recent welfare reform legislation mandates that aid recipients become employed and economically self-sufficient. The allowable interval of continuous assistance is limited to 24 months for current recipients and 18 months for new recipients, with a lifetime limit of five years on welfare.
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.