Blaine and Associates

Blaine and Associates

Thursday, July 29, 2010

L.A. Job Market Looking Up?

According to the Los Angeles Business Journal, there's a light at the end of this long, dark economic tunnel.

L.A.’s economy has started to recover from the recession and the rebound should pick up steam for the rest of this year and into next year, according to a forecast by the Los Angeles Economic Development Corp.
Apparently, the entertainment industry has spurred this recovery, showing much bigger gains than had been previously forecast. Job losses have slowed, down to 1% so far in 2010 as opposed to 6% in 2009, and there are strong indicators of job creation on the immediate horizon.

What does this mean for you?

With strong gains expecting in both the entertainment, trade, tourism and business services sectors, fluidity in the job market should spread throughout Southern California in the next 6-12 months. That means, whatever your sector, you'll see a significant number of new jobs popping up all over the area.

Things are finally looking up!

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