Trailing Spouses - Job Hunting
Many people relocate to Los Angeles each year for work. They often bring their family and spouse, who may or may not be relocating with their own job. For the trailing spouse, nothing is more important than finding a job. This section will help the trailing spouse prepare to look for a job and give an overview of the Los Angeles job market.

Los Angeles Job Market
Los Angeles often is considered one of the most desirable places in the country to live and work both for its beachside location and movie business atmosphere. Home to the headquarters of 21 Fortune 500 companies, the Los Angeles metro area is renowned for the movie business but other industries as well. Angelenos work hard to maintain a high quality of life and a stable economy. The Los Angeles County Economic Development Corporation (LAEDC) (www.laedc.org) is the region’s leading provider of economic development services. Established in 1981, the LAEDC’s mission is to attract, retain and grow businesses and jobs for the regions of Los Angeles County. The LAEDC serves the 88 cities and more than 100 unincorporated communities of LA County through its free business assistance and attraction programs, economic research, fee-supported economic and policy analysis and public policy leadership. Los Angeles faired a little badly during the recent economic crisis, but it is gaining ground with Forbes rating the Los Angeles metro the 123rd best city for business and careers in 2013 based on projected growth rates.

Major Industries
California always has been known as an “incubator” of new ideas, new products and entrepreneurial spirit. Southern California has led the way in celebrating and nurturing that spirit. The people, institutions of knowledge, great climate and infrastructure have enabled the Los Angeles region to emerge as a leading business, trade and cultural center—a creative capital for the 21st century. In addition to the huge impact of the entertainment industry, the city has other strengths as well. The three-tiered traditional economy (aerospace, entertainment and tourism) has evolved into a well-balanced, multitiered economic engine driven by unparalleled access to world markets.
  • Manufacturing: Los Angeles is the largest major manufacturing center in the United States. The largest components are steel fabrication, apparel, computer and electronic products, transportation products, fabricated metal products, food products and furniture.
  • Shipping: Los Angeles is the nation’s largest port in terms of value of goods handled and tonnage. Proximity to the major Pacific manufacturing nations—Japan, Korea and Taiwan—and easy access to transcontinental rail and truck shipping, plus the large commercial facilities available at Los Angeles International Airport make the Los Angeles Customs District the largest in the nation.
  • Financial and Banking Center: The banking and finance industry in Los Angeles is one of the largest in the United States. More than 100 foreign and countless domestic banks operate branches in Los Angeles, along with many financial law firms and investment banks.
  • Entertainment and Tourism: In the form of film, television and music production, Los Angeles is the best-known industry in Los Angeles, focusing worldwide attention on the city and making Los Angeles a major tourist destination. Tourism employs many people all over the metropolitan area.

Other prominent industries in the Los Angeles area include health services, education, high-technology research and development, professional fields such as architecture and engineering, and a large construction business, both commercial and residential so jobseekers will find many opportunities for employment across a wide range of industries.

Regional Workforce
Out of an estimated area population of 18.1 million, as of December 2012, the Los Angeles metro area had a total nonfarm workforce of about 3,922,900 people, which makes the unemployment rate 10.2 percent—much higher than the national average. As of the end of 2012, trade, transportation and utilities was the industry in Los Angeles that employed the largest number of people at around 782,700. Professional and business services was next at around 218,000, government with 567,600 employees and education and health care services with 560,200.

Area Growth
Like the rest of the nation, Los Angeles slowly is bouncing back from the sluggish economy. With a stable housing market, Los Angeles is showing signs of recovery.

According to Inc.com, the Top 10 fastest growing public and private businesses in 2012 based on three-year growth statistics in Los Angeles include the following:
  1. Nasty Gal (10,160 percent)
  2. RateSpecial Interactive (8,593 percent)
  3. Jackson Hunter Morris & Knight (7,135 percent)
  4. 29 Prime (5,708 percent)
  5. I.T. Source (5,708 percent)
  6. YMarketing (4,604 percent)
  7. eGumball (3,623 percent)
  8. Xenon Project International (3,586 percent)
  9. Reputation Management Consultants (3,363 percent)
  10. ShowZoo.com (2,989 percent)

According to the U.S. Department of Labor, Bureau of Labor Statistics, the industries in the Los Angeles metro area with the biggest workforce increases from the end of 2011 to the end of 2012 included leisure and hospitality (5.5 percent) and construction (5.4 percent). Close behind were financial activities (4.1 percent), professional and business services (3.1 percent) and education and health services (2.9 percent). Less active but still on the upswing are information services (1.4 percent) and trade, transportation and utilities (1.3 percent). Mining and logging saw no change at all, and a decrease in employment were seen in government at (-0.8 percent) and manufacturing (-1.7 percent).

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