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COVID-19 Studies

First appearing in California in late-February 2020, COVID-19 and the measures taken to mitigate the spread of the virus, brought business and life to a grinding halt in March and April. In mid-March, before the Safer at Home Order was issued, the LAEDC Institute for Applied Economics released a memo with our initial thoughts on the economic implications of the emerging pandemic, as we had already started to experience disruptions in global supply chains, hoarding, and the resulting short-term shortages of essential goods, like toilet paper, the cancellation of large gatherings, the suspension of in-person instruction at schools and universities, the implementation of sheltering in place and self-quarantining,, and of course, the mandated closure of nonessential businesses such as restaurants, hair and nail salons, theaters, and retail stores, which left many L.A. County workers stuck at home without the guarantee of pay. 

Recognizing that these events would give rise to unprecedented economic challenges, we felt it our responsibility to provide a little context for the rapid changes taking place, by sharing data and insights at a time when so many were looking for answers.

Pathways to Economic Resiliency LA County: Executive Summary (part 1)

Pathways to Economic Resiliency LA County: Executive Summary (part 1)

County of Los Angeles has released a report prepared by LAEDC, with data and analysis of the economic crisis caused by COVID-19, and recommendations for steps the public and private sector can take to improve the recovery and create more widely shared equity.  The report, Pathways to Economic Resiliency, is a product of LAEDC’s Institute for Applied Economics which is committed to LAEDC’s vision of a growing, equitable, environmentally sustainable and resilient economy, that provides a healthy and high standard of living for all in LA County.

THIS IS ONE OF THREE FILES.  Please note the following files are available:

Executive Summary, Main Report, Appendix

Please see the full announcement and explanation of this work at: https://laedc.org/2021/02/09/pathways-report/ 

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Pathways to Economic Resiliency LA County: MAIN REPORT (part 2)

Pathways to Economic Resiliency LA County: MAIN REPORT (part 2)

County of Los Angeles has released a report prepared by LAEDC, with data and analysis of the economic crisis caused by COVID-19, and recommendations for steps the public and private sector can take to improve the recovery and create more widely shared equity.  The report, Pathways to Economic Resiliency, is a product of LAEDC’s Institute for Applied Economics which is committed to LAEDC’s vision of a growing, equitable, environmentally sustainable and resilient economy, that provides a healthy and high standard of living for all in LA County.

THIS IS ONE OF THREE FILES.  Please note the following files are available:

Executive Summary, Main Report, Appendix

Please see the full announcement and explanation of this work at: https://laedc.org/2021/02/09/pathways-report/ 

Download
Pathways to Economic Resiliency LA County: APPENDIX (part 3)

Pathways to Economic Resiliency LA County: APPENDIX (part 3)

County of Los Angeles has released a report prepared by LAEDC, with data and analysis of the economic crisis caused by COVID-19, and recommendations for steps the public and private sector can take to improve the recovery and create more widely shared equity.  The report, Pathways to Economic Resiliency, is a product of LAEDC’s Institute for Applied Economics which is committed to LAEDC’s vision of a growing, equitable, environmentally sustainable and resilient economy, that provides a healthy and high standard of living for all in LA County.

THIS IS THREE OF THREE FILES.

This Appendix is a data-rich 300-page document, with charts, maps, and a basis for much of the analysis and recommendations in the main report.   This is a great tool for people who want to explore the report more deeply, study its data, and consider additional directions for study.

Please note the following files are available:
Executive Summary, Main Report, Appendix

Please see the full announcement and explanation of this work at: https://laedc.org/2021/02/09/pathways-report/ 

Download
Essential Workers during COVID-19 in the Los Angeles region (CCW report)

Essential Workers during COVID-19 in the Los Angeles region (CCW report)

This report is the 16th in a series of reports on occupations in Los Angeles County industries, published by LAEDC in partnership with Center for a Competitive Workforce (CCW).

VISIT THE CUSTOM WEBPAGE FOR THIS REPORT:  https://competitiveworkforce.la/essential 

During COVID-19, workers at “essential industries” in Los Angeles County reported for work and kept the economy and society going. This report’s purpose is to inform our community college system, students and job seekers which occupations in frontline industries pay well and will be hiring.  This helps our colleges scale and update programs, and also provides job seekers with good information to choose careers. LAEDC is connecting industry with education for workforce development, which helps economic mobility especially for the diverse student body at our region’s 19 community colleges.  The report:

■ Analyzes the major trends occurring in frontline industries
■ Projects regional employment in target occupations
■ Identifies the jobs that have the brightest future for community college students in the region

Published by LAEDC’s Institute for Applied Economics, as part of our partnership in Center for a Competitive Workforce.

Municipal budget exposure and COVID-19

Municipal budget exposure and COVID-19

LAEDC’s Institute for Applied Economics has published this analysis of general revenues of the 88 cities in Los Angeles County, assessing the level to which the cities are vulnerable to fiscal shocks as a result of the global COVID-19 pandemic.  Awareness of these challenges and prudent planning will be critical for all 88 Cities in Los Angeles County.

Collectively, these data serve to highlight which cities may be most in need of state and federal aid in order to maintain essential services, to avoid significant layoffs and furloughs of city workers, and to maintain maximal ability to provide relief efforts to households and businesses, especially those most in need during these uncertain times.

Cities wishing to engage with LAEDC economists to interpret the analysis can contact [email protected]

Media/reporters interested in covering this research, please contact [email protected]

Coronavirus impact on Southern California economy - Estimates of possible unemployment levels

Coronavirus impact on Southern California economy – Estimates of possible unemployment levels

On April 21, 2020, the LAEDC Institute for Applied Economics has published estimates for the Southern California economic conditions in May 2020, estimating a potential unemployment rate of 31.7% for Los Angeles MSA (LA and Orange Counties) and 31.4% for the broader Southern California region.  These estimates will change depending on many factors including policy interventions, and LAEDC will provide an update when further analysis is available.

This report provides county-level data for each of the 10-counties in Southern California, including San Diego, Imperial, Riverside, Orange, San Bernardino, Los Angeles, Ventura, Kern, Santa Barbara, San Luis Obispo.

Please visit LAEDC’s Community Connectory resource page on this website, with resources to assist your organization, as well as to request assistance from LAEDC’s team of business assistance professionals.

Media inquiries:  [email protected]

Media inquiries:  [email protected]

 

Media inquiries:  [email protected]

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LAEDC’s initial March 17, 2020 analysis of COVID’s impact on the LA County economy

LAEDC’s initial March 17, 2020 analysis of COVID’s impact on the LA County economy

This research brief was released by LAEDC’s Institute for Applied Economics the first week of California’s lockdown for the COVID-19 crisis of 2020. It provided stakeholders in the region and broader nation with analysis to prepare for the unprecedented and deeply damaging and rapid economic changes, job dislocations and business challenges that we would all face.  Originally circulated as a direct, urgent email campaign to all LAEDC’s network of contacts, we provide it here as an archive of our analysis at that time, which was one of the first comprehensive perspectives to help inform decision makers and households in the LA County region.  The brief includes:

  • COVID-19 affect our LA County economy, its industries, employers and workforce
  • Recommendations and analysis from LAEDC

For post-COVID analysis please see LAEDC’s Pathways to Economic Resilience report which looks at what actually happened in the economy during the first eight months of the pandemic and provides related policy recommendations for a more equitable recovery.