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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

Los Angeles County, with an economic GDP exceeding $1 trillion in 2024, is a major economic powerhouse. The city's job market is diverse, with key growth sectors including Health Care and Social Assistance, Private Educational Services, Information (encompassing Hollywood and technology), and Leisure and Hospitality. Nonfarm payroll jobs in Los Angeles County were forecast to increase by 2.2% in 2025. Despite a slight decline in overall population, these industries continue to offer significant employment opportunities, attracting talent from various fields. The region's robust economy is also supported by trade, transportation, and utilities, making it a critical hub for commerce.

Economy & Jobs

Average Salary
$48,651
Unemployment
5.20%
GDP
$1,000.0B
Business Score
75

Top Industries

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About Los Angeles, California

Los Angeles, often referred to as L.A., is the most populous city in California and the second-most populous in the United States, with an estimated population of 3.86 million residents in 2026. Known globally as the center of the entertainment industry, particularly Hollywood, the city is a vibrant hub of culture, finance, and commerce in Southern California. People are drawn to Los Angeles for its diverse economy, Mediterranean climate, and a lifestyle rich in arts, dining, and outdoor activities. The city's sprawling landscape encompasses a wide array of neighborhoods, each offering a unique character and community feel, from the bustling downtown to the serene coastal areas.

About California

California is a diverse and populous state known for its significant economic output, ranking as the fourth largest economy globally if it were an independent nation. Its economy is driven by major industries such as technology (especially in Silicon Valley), real estate, finance, professional services, manufacturing, agriculture, and healthcare. Living in California generally entails a high cost of living, particularly for housing, which is significantly above the national average. The state boasts a varied climate, ranging from a Mediterranean-like environment with warm, dry summers and mild, wet winters in coastal and central areas, to hotter, drier inland summers and colder, snowier conditions at higher altitudes. The lifestyle often emphasizes outdoor activities, health and wellness, and a diverse cultural experience, though it can also involve considerable traffic in major urban centers.