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.
SYNOPSIS OVERVIEW The Business Survey 2000 is the seventh annual survey of businesses conducted by the City of Long Beach. The first surveys tracked the hardships faced by businesses emerging from the recession of the early 1990s that hit Long Beach especially hard, due to massive layoffs at the McDonnell-Douglas (now Boeing) plant.
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.
SYNOPSIS Purpose The 1996 Business Survey is the second annual survey of businesses undertaken by the City of Long Beach to guide and strengthen business outreach and retention efforts. The purpose is to: Identify the concerns, needs and opportunities of businesses in order to strengthen City programs for supporting Long Beach’s economic base.
SYNOPSIS Purpose The 1994 Business Survey was initiated by the City of Long Beach to guide and strengthen its business outreach and retention efforts. Technical guidance, data analysis, and report preparation was carried out by the Economic Roundtable. The purpose was to: Identify the concerns, needs and opportunities of businesses in order to strengthen City programs for supporting Long Beach’s economic base.