Results tagged “economicdevelopmentcorporation”

It is estimated that 200 firms, 6000 workers and 1200 actors produce 4000-7000 adult films a year in Los Angeles. Yes, there are more porn-related, adult industry jobs than software jobs in this town. With $4.3 billion in sales and rentals (which is still nothing compared to the $12 Billion made from toys and books), the Adult Entertainment Industry puts $4 billion in revenue back into the local economy. “It’s in an industry producing...

Angelenos are keenly aware of the city's major quality of life problems. We also know they're not getting any better. Despite such issues, migrants have continued to choose LA as their destination for decades. But according to a new report issued for the Center for Economic Development and Los Angeles Economic Development Corporation, the region’s virtual magnetic pull might begin to wane -- and not for the better -- should we continue in the direction we're headed.

Good news for homeowners: the housing bubble won't burst anytime soon.

Another potential local strike is on the horizon, proving once again that events in Los Angeles are critical to the evolution of the organized labor movement.