Economic Development

Unemployment Rate (Seasonally Adj)
4.8% SEP 2017
Source | 0.0% MOM
GOAL: 4.8% by JUN 2017
New Payroll Jobs
153,217 SEP 2017
Source | Since Taking Office
GOAL: 120,000
Total Payroll Jobs in Los Angeles
1,690,494 SEP 2017
Source | +0.9% YOY
GOAL: 1,672,130 by JUN 2017
Total Employment for Angelenos
1,985,142 AUG 2017
Source | +2.1% YOY
GOAL: 1,840,590
Dollars Leveraged for Manufacturing Sector
$73.9M Q4 FY16
| Since IMCP Designation
GOAL: $45M
Film/TV Production Shoot Days (CYTD)
28,417 Q3 CY17
| -3.5% YOY
GOAL: Increase YOY
Passengers through LAX (CYTD)
63,487,469 SEP 2017
Source | +4.6% YOY
GOAL: N/A
Visitors to Los Angeles
47.3M CY16
| +4.0% YOY
GOAL: 50M by CY20
TEU Cargo Containers Through POLA (CYTD)
6,890,994 SEP 2017
Source | +8.2% YOY
GOAL: 8.8M by CY16
POLA Market Share (US)
17.1% CY15
| -1.5% YOY
GOAL: N/A
POLA Market Share (West Coast)
38.6% CY15
| -1.2% YOY
GOAL: N/A
POLA Market Share (San Pedro Bay Ports)
52.7% CY15
| -1.7% YOY
GOAL: N/A
Housing Permits Issued
63,940 SEP 2017
Source |
GOAL: 100,000 by FY21
Construction Valuation (FYTD)
$1.9B Q1 FY18
Source | 0.0% MOM
GOAL: $7.7B by JUN 2016
Median Household Income (Los Angeles City)
$50,205 CY15
Source |
GOAL: N/A
Mean Hourly Wage (LA Metro)
$26.75 MAY 2016
Source |
GOAL: N/A