Los Angeles Stats

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Computers and Electronics Manufacturing is the Largest Industry in California

One of the strengths of the United States is its diverse economy, which comprises many industries that contribute to overall economic development and greater stability. Total U.S. economic output topped $16 trillion in 2015, and each state’s contribution to overall GDP was unique, both in terms of size and industrial composition. For example, California, New […]

Why California is One of the Hardest States to Find Full-Time Work

The U.S. unemployment rate is currently 4.4%, nearly its lowest point in a decade. While the unemployment rate reflects the millions of Americans who are out of work and actively seeking employment, the measure does not fully capture the degree to which Americans are unable to find the jobs they want. In addition to those […]

Why Violent Crime is More Common in California

As it stands, the nationwide violent crime rate today is about half what it was in 1993. While the United States is a much more peaceful place than it has been in decades, millions of Americans still live in relatively violent areas. How peaceful or violent a given state is depends on more than the […]

Why California’s Economy is Better Than Most States

Is your state a drag on the American economy or a boon? The 50 states — as diverse as they are — each contribute something to the U.S. economy. Because of their diversity, state economies rarely trend in unison. GDP growth is often the default measure for economic strength, but it often fails to tell […]

Apple is the Largest Company in California

The United States is home to some of the largest global companies. Of the world’s 50 largest public companies by revenue, 21 are based in the United States, including five of the top 10. Many of the largest American companies are headquartered in the country’s major economic capitals, including New York, Los Angeles, Detroit, Dallas, […]

Gender Pay Gap Not as Large in Los Angeles

The gender pay gap has narrowed substantially since the Equal Pay Act was signed in 1963. Still, the typical woman working full time in the United States earns $40,022 a year — or only about 80% of the median annual income for men working full time of $50,119. A study conducted by the Pew Research […]

Bachelor’s Attainment Rate in Los Angeles Exceeds Nation

A college education can affect nearly every aspect of a person’s life, and it may be more important now than ever before. Studies show the typical four-year college graduate earns $21,000 more than the typical high school graduate. A four-year college degree may not make sense for everyone, however, and many are unable to afford […]

California Among States Least Dependent on Trade From Canada

The United States Department of Commerce imposed on Monday a 20% import tax on softwood lumber from Canada. The measure is the latest indication of mounting economic tensions between the U.S. and its northern ally. In a press release, U.S. Secretary of Commerce Wilbur Ross said, “It has been a bad week for U.S.-Canada trade […]

California Has the 6th Highest Taxes

In the U.S. federalist system, each state government decides how to generate revenue — that is, which taxes to collect, and how. No state tax code is identical, and largely as a result, what the average American pays annually in taxes varies from state to state. 24/7 Wall St. reviewed each state‚Äôs tax burden — […]

California Ranks 3rd in Gender Equality

Wednesday, March 8 is International Women’s Day. Women and men around the world will celebrate in support of gender equality and equal opportunity for all. Some will participate in organized protests like A Day Without A Woman, and the International Women’s Strike. For many Americans, the election of Donald Trump represented a step back for […]

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