Legion Troll
A fine upstanding poster
In a speech that drew on the city's improving job numbers, Mayor Eric Garcetti declared today that the state of the city is "not only strong, it's getting stronger every day."
One indication of this is the unemployment rate which was 12 percent a year before he assumed office in 2013, and has now been slashed in half.
The city has gained 109,000 new jobs.
Garcetti, speaking on the factory floor of Noribachi, an LED maker near the Port of Los Angeles, said the city's investment in its trade hubs led to an improved economic outlook.
When the owners of Noribachi, which does business in nine nations, sought to expand, it chose LA. Even though the company paid lower taxes in New Mexico, Los Angeles put the company "closer to the nation's most robust supply chain, and that helped cut costs.
The company, which makes customized LEDs, has seen its revenues go up 340 percent and doubled the number of its employees.
http://patch.com/california/eaglerock/mayors-state-city-business-booming-crime-spiking-shooting-free-college