04/24/2024

News

Long Beach Port Traffic Rises

Cargo volume at the Port of Long Beach climbed 2.5 percent in November, compared to the same month last year, according to figures released Monday.

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Healthy Jump in LA Port Activity

Traffic at the Port of Los Angeles increased 17 percent in November compared to the same month last year, according to figures released Monday.

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LA Employers Plan to Increase Hiring

One in five Los Angeles area employers plan to hire more workers during the first quarter, the best showing in several years, according to a survey released today from Manpower Inc.

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Lancaster and La Mirada Named County’s Most Business-Friendly Cities

At its annual awards gala on Thursday, the Los Angeles County Economic Development Corp. named Lancaster as the most business-friendly city with a population over 50,000, while La Mirada was chosen the most business-friendly among cities with fewer than 50,000 people.

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DC Comics to Move to Burbank

DC Comics will move its operations from New York City to the Warner Bros Studios lot in Burbank in 2015, according to media reports.

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LA Location Filming Rises

Location production days increased 9.5 percent in the quarter to 11,792, according to FilmL.A., a downtown Los Angeles non-profit organization that handles production permitting in the City of Los Angeles, unincorporated parts of Los Angeles County and other local jurisdictions.

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Report: LA Economy Gains Steam

“The economy in the city of Los Angeles grew at a faster rate than the nation last year, according to a report released by the Los Angeles Area Chamber of Commerce Wednesday.

The report, prepared by Beacon Economics, a Los Angeles economic consulting firm, said the city of Los Angeles had a 3.8 percent increase in payroll jobs to about 1.5 million jobs last year, the sharpest increase since 2005 and nearly double the national rate.

… But the job growth was most concentrated in four of the city’s 15 council districts: just north of downtown, the Westside, west of downtown and the southeastern San Fernando Valley. Eight council districts saw little job growth, while three council districts saw job losses.”

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Paramount Cuts 110 Jobs

“Paramount Pictures announced layoffs on Tuesday as part of the studio’s effort to cut costs.

The Hollywood studio, owned by Viacom Inc. of New York, notified employees that 110 staffers will be cut from departments including finance, human resources, IT, legal and marketing.”

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LA Unemployment Climbs Back Over 10 Percent

Los Angeles County’s unemployment rate climbed back into double digits in August, reaching 10.1 percent, according to state figures released Friday.

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Local Layoffs to Follow Sale of Intuit Unit

Company: IntuitCA Net Job Gain/Loss: -65Reason: LayoffCity/Region Losing Jobs: Los Angeles, CA

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Courts to Cut More Than 500 Jobs

Company: LA County Superior CourtCA Net Job Gain/Loss: -511Reason: LayoffCity/Region Losing Jobs: Los Angeles, CA

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Nexicore to Lay Off 108 in Simi Valley

Company: NexicoreCA Net Job Gain/Loss: -108Reason: LayoffCity/Region Losing Jobs: Simi Valley, CA

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Governor talks regulation, budget

California Gov. Jerry Brown and the California Chamber of Commerce shared some of the same opinions during addresses to the 88th annual Sacramento Host Breakfast Wednesday in Sacramento.

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Disney Layoffs Announced

Company: Walt Disney Co.CA Net Job Gain/Loss: -150Reason: LayoffCity/Region Losing Jobs: Burbank, CANotes: Layoffs in movie studio division

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Northrop Closes Dominquez Hills Site

Company: NorthropCA Net Job Gain/Loss: -768Reason: ClosureCity/Region Losing Jobs: Carson, CA

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