The Business Perspective
Toyota's Decision: A Major Loss for California
Gary Toebben on April 29, 2014 at 12:00:00 am
Posted in The Business Perspective
Toyota is moving 3,000 high-paying jobs from California to Texas over the next three years. Thousands of L.A. County families will be directly impacted by this job loss and many other support businesses and their employees will also feel the pain. The ripple effect will go on and on, including hundreds of charities and nonprofit organizations that Toyota Motor Sales, U.S.A. has generously supported.
This is our Chance
Gary Toebben on April 22, 2014 at 12:00:00 am
Posted in The Business Perspective
Last Friday, the State Employment Development Department issued its employment numbers for March. The good news is that employment increased once again in California and Los Angeles County. The bad news is that California still has 84,300 fewer jobs than it had at the start of the Great Recession, and L.A. County has 75,200 fewer jobs, almost 90 percent of the State total.
Boeing Provides a Spark to the Economy
Gary Toebben on April 15, 2014 at 12:00:00 am
Posted in The Business Perspective
A job is like a fire, providing energy, light, heat and sustenance to the life of the person who holds the flame. It illuminates the vision ahead to see a brighter future of caring for oneself and our families. Last week, the Los Angeles region received the promise of many more lights with The Boeing Co.’s announcement that it would soon be moving 1,000 high paying skilled engineering jobs to our communities.
Clinton: Yes — Sacramento: No
Gary Toebben on April 8, 2014 at 12:00:00 am
Posted in The Business Perspective
Last Thursday morning, former President Bill Clinton was at L.A. City Hall with Mayor Eric Garcetti to discuss strategies to finance economic development and to promote job growth, climate mitigation and resiliency through 21st century infrastructure. Clinton was joined by the West Coast Infrastructure Exchange and spent much of his time touting the opportunity to use public-private partnerships to advance infrastructure projects in Los Angeles and California.
Lights, Camera and Action Now
Gary Toebben on April 1, 2014 at 12:00:00 am
Posted in The Business Perspective
Last week, in the first step of what will be a long legislative journey, Assembly Bill 1839, which will retain movie and TV production jobs in California, passed its first committee with a unanimous 7-0 vote. We applaud the members of the Assembly Arts, Entertainment, Sports, Tourism, and Internet Media Committee for their vision, but none of us can stop for even one television commercial to rest on this initial victory.