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Tourism Driving L.A. Job Growth

LOS ANGELES-The latest from Beacon Economics shows that the labor market recovery here has continued to move forward in 2013 with the leisure and hospitality industry emerging as one of the major drivers of local employment growth.

By Natalie Dolce | Updated on August 06, 2013

LOS ANGELES-The leisure and hospitality industry in Los Angeles has emerged as one of the biggest drivers of local employment growth. So says Beacon Economics’ summer edition of the Regional Outlook Los Angeles.

The locally based firm recently delivered the latest numbers on jobs and home prices in the outlook, showing that in April, total nonfarm employment in Los Angeles County increased by 5,700 jobs over the previous month. Since April of last year, the County has added back 74,000 jobs, representing a 1.9% increase and on par with employment growth in the state overall.

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