Economic Development

New Payroll Jobs
157,245 MAY 2017
Source | Since Taking Office
GOAL: 120,000 by JUN 2017
Total Payroll Jobs in Los Angeles
1,685,743 APR 2017
Source | +1.0% YOY
GOAL: 1,672,130 by JUN 2017
Total Employment for Angelenos
1,985,949 APR 2017
Source | +2.4% YOY
GOAL: 1,840,590
Unemployment Rate (Seasonally Adj)
4.5% MAY 2017
Source | -0.2% MOM
GOAL: 4.8% by JUN 2017
New Business Registrations Since 7/1/2013
192,249 MAY 2017
Source |
GOAL: N/A
Mean Hourly Wage (LA Metro)
$26.75 MAY 2016
Source |
GOAL: N/A
Median Household Income (Los Angeles City)
$50,205 CY15
Source |
GOAL: N/A
Dollars Leveraged for Manufacturing Sector
$73.9M Q4 FY16
| Since IMCP Designation
GOAL: $45M
Film/TV Production Shoot Days (CYTD)
9,496 Q1 CY17
| -2.1% YOY
GOAL: Increase YOY
Passengers through LAX (CYTD)
25,702,496 APR 2017
Source | +5.7% YOY
GOAL: N/A
Visitors to Los Angeles
47.3M CY16
| +4.0% YOY
GOAL: 50M by CY20
TEU Cargo Containers Through POLA (CYTD)
3,751,516 MAY 2017
Source | +8.5% 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
57,097 MAY 2017
Source |
GOAL: 100,000 by FY21
Construction Valuation (FYTD)
$5.7B Q3 FY17
Source | +16.3% YOY
GOAL: $6.9B by JUN 2016