Los Angeles, California

Jobs & Economy in Los Angeles

Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.

Jobs & Economy in Los Angeles, California

The Los Angeles economy is robust and diverse, with several key sectors driving employment and growth. Healthcare and social assistance is a major sector, experiencing significant job growth in 2024. Other important industries include trade, transportation, and utilities, professional and business services, leisure and hospitality, and the information sector, which encompasses the city's famous Hollywood and tech industries. While Los Angeles County saw a 1% job growth between December 2023 and 2024, projections for nonfarm payroll jobs indicate a slower growth of 0.7% in 2025. The city continues to be a hub for innovation and entrepreneurship, though the overall job growth rate has seen some fluctuations.

Economy & Jobs

Average Salary
$75,000
Unemployment
5.60%
GDP
$760.0B
Business Score
75

Top Industries

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About Los Angeles, California

Los Angeles, often referred to as the 'City of Angels,' is a sprawling metropolis in Southern California renowned for its diverse culture, vibrant entertainment industry, and Mediterranean climate. Founded in 1781, it has grown into the second-most populous city in the United States, serving as a global center for business, international trade, entertainment, culture, media, fashion, science, sports, technology, and education. People are drawn to Los Angeles for its abundant sunshine, diverse job opportunities, world-class universities, and a lifestyle that blends urban sophistication with easy access to beaches and mountains. The city's unique character is shaped by its numerous distinct neighborhoods, each offering a different vibe and community experience.