Total employment
expected to reach 646,480 jobs (LA County Economic
Development Corp. mid-year update of 2006-2007 Economic
Forecast and Industry Outlook.) High employment
means business is good in the area.
High employment
requires work force training and coordination with
Community colleges.
Manufacturing
employment continues to slide, but international
trade, financial services, retailing, leisure and
hospitality services should offset this.
Major employment
sectors:
- Education and health services
- Professional and business services (law,
accounting, advertising, engineering, computer
design, management and administrative services
- Manufacturing jobs
- Retail trade
Trends -- Southern
California’s economy will have slower growth, due
to a slowing housing market and higher energy costs,
but it will not suffer a recession
Corporate Headquarters:
Taxable Retail
Sales -- $14.8 billion in 2004 1. Pasadena, 2. City
of Industry, 3. El Monte (car sales)
