05/03/2024

Los Angeles manufacturing job loss hampers state recovery, report says

Los Angeles has hemorrhaged manufacturing jobs since 2007, casting a pall over the state’s economic recovery, according to a forecast released Tuesday by Chapman University.

Los Angeles has lost 20% of its manufacturing jobs since 2007 and California as a whole shed 1% of those positions, the report said.

Since beginning of the recovery in 2010, the country as a whole and the state have added manufacturing positions, but Los Angeles has continued to see those jobs disappear. 

The drop is a sign that California’s economy, outside of Silicon Valley, may be shakier than it seems, said Chapman University economist and president James Doti.

View Article