Los Angeles, CA (PRWEB) September 04, 2013
With recent announcements of major aerospace manufacturers reducing operations in Los Angeles County and several other suppliers and manufacturers teetering on leaving the region, the Los Angeles County Economic Development Corporation’s (LAEDC’s) LA Jobs Defense Council will be working more aggressively and on-the-ground with aerospace industry leaders as well as our elected officials to help our local suppliers and manufacturers resolve some of their most pressing business concerns, such as escalating workers’ compensation costs, regulatory burdens, the lack of available industrial space, and skilled labor imbalances.
"We cannot sit idly by and let these high-paying, valuable jobs go to other locales. We must fight to keep these companies here and encourage them to continue their investments in Los Angeles County—the capital for creative design and manufacturing talent," said David Flaks, Chief Operating Officer of the LAEDC.
Chaired by George Burden, Secretary/Treasurer of the UAW Local 118 and Norm Hickling, Senior Field Deputy for Los Angeles County Supervisor Michael Antonovich, the LA Jobs Defense Council will work on the following initiatives:
The LAEDC, the region’s premier economic development leadership organization, is a private, non-profit organization established in 1981 under section 501(c)(3). Its mission is to attract, retain, and grow business and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped to retain or attract 188,000 annual jobs in Los Angeles County with an estimated labor income, including wages and benefits, of $11.8 billion. Taken together with the supported indirect and induced economic activity, a total of more than 400,000 annual jobs with labor income of more than $21 billion were impacted, accounting for an estimated $850 million in property and sales tax revenues to the County of Los Angeles.