L.A.’s Economy: The Race Between Technology & Education

“Any competent economist will tell you that technology has had a much greater impact on jobs and wages than trade has had.” Ambassador Michael Froman told the Washington International Trade Association on January 10, 2017, “Some estimate that more than 80 percent of job loss comes from technology alone.”  …

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The Race for Governor of California

Capitalism depends on a well-functioning government. And vice versa. What most people don’t realize is that California’s State Government is equivalent to a fortune 50 company. Its 2018-2019 proposed budget is $190 Billion* and it employs up to 260,000 full-time employees. Overall, the public sector in CA plays a very…

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Court of Appeal Win for the SCIG Rail Yard Project at the Port of L.A.

Last Friday the Court of Appeal of the State of California (First Appellate District – Division Three) released its judgment in a case brought by a coalition of environmental and community groups and Long Beach officials to halt the construction of BNSF Railway’s decade old proposal to invest $500 million…

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Federal Tax Reform Update and Fact Sheet for Californians

When the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released the “Unified Framework for Fixing Our Broken Tax Code” in late September 2017, California’s State Controller’s Office put together a Federal Tax Reform Fact Sheet for Californians. Then last week the United…

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LA County Workforce Snapshot and Trends

In the past few weeks, LAEDC‘s new Center for a Competitive Workforce published its inaugural report LA & Orange County Community Colleges: Powering Economic Opportunity and the Orange County Business Council released its annual Workforce Indicators Report for 2017-2018.  Together, these publications provide an updated snapshot of the workforce in…

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