Big Opportunities for 2017
Gary Toebben on January 3, 2017 at 9:00:00 am in The Business Perspective Comments (0)
2016 finished strong for the Los Angeles County economy. Employment during the year grew by 65,300 jobs and the unemployment rate declined to 5.1 percent. Voters expressed their willingness to invest in transportation (Measure M), housing (Measure HHH) and education (Measure CC) at the Nov. 8 election by 71.15 percent, 77.14 percent and 75.92 percent respectively. We have the opportunity to continue this positive economic momentum in 2017 if our voters and elected officials continue taking bold actions to build on these basic foundations. Here is how:Read More
Gary Toebben on December 20, 2016 at 9:00:00 am in The Business Perspective Comments (1)
In my final Business Perspective of 2016, I want to say thank you to the 1,650 member companies and organizations who support the mission and work of the Los Angeles Area Chamber of Commerce. When the Chamber was founded in 1888, 54 business owners signaled their commitment and determination to make L.A. an economic powerhouse and a great place to live and visit. Only 50,000 people lived in L.A. at that time.Read More
How Would Repeal Of The ACA Affect Californiansí Health Coverage?
Pauline Bartolone and Lydia Zuraw, California Healthline on December 14, 2016 at 10:30:00 am in Health Care Waiting Room Comments (0)
In almost every county across California, regardless of its political leaning, at least one in 10 people has health coverage because of Obamacare.
And in some counties, almost one-fifth of the population is eligible for insurance under the Affordable Care Act, either through the expansion of Medi-Cal or Covered California, the state-run health insurance marketplace that offers subsidized private coverage.Read More
A Housing Option That L.A. Should Incorporate
Gary Toebben on December 13, 2016 at 9:00:00 am in The Business Perspective Comments (2)
California and Los Angeles are in the midst of a housing supply and affordability crisis that is threatening our economy and our quality of life. We are only building one new housing unit for every eight new residents. Last month, an analysis of data from the U.S. Census Bureau showed that millennials are leaving L.A. at one of the highest rates in the country. Over the last 10 years, the number of County residents between the ages of 18 and 35 decreased by 7.4 percent. The home of Hollywood, Silicon Beach, world-class universities and a revitalized downtown is losing some young wage earners because they can no longer afford to buy or rent a home in our city.Read More
It's Time for the Safe, Re-Opening of Aliso Canyon
Gary Toebben on December 6, 2016 at 9:00:00 am in The Business Perspective Comments (0)
It has now been more than a year since the Aliso Canyon gas leak temporarily shuttered one of this region’s most critical pieces of energy infrastructure. The impact on adjacent communities was significant, but after much work, the leak was stopped and new, stringent safety measures have been implemented. Yet, the facility still sits idle. It’s time to change that.Read More
Growing the Los Angeles Economy Through Tech Entrepreneurs
Gary Toebben on November 29, 2016 at 9:00:00 am in The Business Perspective Comments (0)
The story of the growth of Los Angeles and its economy is highlighted by the ingenuity and vision of entrepreneurs. During National Entrepreneurship Month, I want to share with you what the Chamber is doing to ensure that L.A. builds on its fastest growing entrepreneurial sector: technology.Read More
California Braces For Medi-Calís Future
Anna Gorman and Pauline Bartolone, California Healthline on November 22, 2016 at 11:00:00 am in Health Care Waiting Room Comments (0)
California grabbed the first opportunity to expand Medicaid and ran with it, helping cut the number of uninsured people in half in a few short years.
Thanks in part to billions of dollars in federal funding, a third of California’s residents — including half its children — are insured by Medi-Cal, the state’s version of Medicaid.
Now, with the election of Donald Trump and a Republican-controlled Congress, the state that bet so heavily on the Medicaid expansion is bracing to see how much of its work will be undone. While no one knows yet exactly what will happen, many policymakers and advocates fear the federal government will end or severely limit funding for the expansion.Read More
Federal Financial Aid Is Key to Building Tomorrows Workforce
Gary Toebben on November 22, 2016 at 10:00:00 am in The Business Perspective Comments (0)
Last week, the Chamber held its 15th annual Cash for College Convention, providing an opportunity for Los Angeles students and their families to explore college opportunities and receive individualized assistance in completing their Federal Student Aid (FAFSA) application. We’re proud to say that through this program, the Chamber and its partners have been able to help students secure an average of $35 million dollars annually in state and federal aid to make their college dream a reality. This work is vital since the number one barrier for many students aspiring to go to college is the cost. Read More
Local Leadership Shines
Gary Toebben on November 15, 2016 at 9:00:00 am in The Business Perspective Comments (0)
This past week I've been reminded of how important leadership is. We rely on leaders for direction, for courage and for inspiration -- in business, the social sector and, of course, in government.
Nowhere is leadership more important than at the local level, where real nuts-and-bolts change happens. We are most successful at addressing society's biggest challenges by working together with those in our region who are committed to common causes.Read More
Chamber leads way on unprecedented voter investment in Los Angeles
Webmaster on November 9, 2016 at 10:00:00 am in The Business Perspective Comments (1)
Last night we saw Los Angeles vote overwhelmingly for a commitment to our infrastructure and future. More than 75 percent of Angelenos approved Measure HHH, the $1.2 billion bond to build permanent supportive housing for the homeless. Nearly 70 percent of the County approved Measure M, the ½ cent sales tax for Metro’s Traffic Improvement Plan, which surpassed even the approval of the original Measure R. Measure CC, a $3.3 billion bond for upgrades to our Los Angeles Community College District’s nine campuses, passed with 75 percent of the vote.Read More