The Los Angeles Economy Project is an undertaking of the Milken Institute in collaboration with the Economic Roundtable, Los Angeles Mayor's Office, Workforce Investment Board and Los Angeles Department of Water and Power.
The project identifies sources of underutilized labor within the city and the surrounding area, such as those with low skill levels and those in the informal economy, and determines ways to develop their skills and participate in the growth of the local economy. The project also provides a better understanding of how to establish capital availability to small and medium-sized businesses, particularly in the inner city, and its key role in promoting job and business growth in Los Angeles. Integrating business, labor and capital will encourage growth among the city's numerous minority, women and small businesses and create policies that will improve workers' skills to benefit local industries and companies.
The project provides an important opportunity for the City of Los Angeles to assess and confront significant issues facing it in terms of a growing unskilled labor pool and the need to be more competitive with other parts of the country.
As part of the scope of the Los Angeles Economy Project, the City of Los Angeles authorized an addendum to the scope of work to study whether the city's Green Technology sector can be an effective source for a growing number of well-paying jobs. This work was conducted by our partner the Economic Roundtable, and can be downloaded here.
The report can be viewed in
Adobe Acrobat (PDF) format
By Council Districts
|©2006 Milken Institute Contact Information Privacy Statement E-mail the Webmaster|