When you think about Los Angeles, you probably think about the iconic Hollywood sign, the Walk of Fame, and the beach. You probably don’t think about it in terms of its thriving local economy and labor market. But you should! Los Angeles has the second largest economy in the United States. So what does this look like for the Los Angeles labor market? For starters, the LA unemployment rate is right on par with the national average at 4.7 percent as of December 2016. In addition, there are 91,415 open jobs in the area and a population growing faster than the national average. This means a high cost of living, similar to the rest of California. The cost of living in LA is most greatly affected by the housing prices. However, the median base salary reflects this by standing above the average salary in the United… Read More