LA's Brain Drain Problem

The latest Labor Department report showed that the U.S. economy only created 38,000 jobs in May. It’s the third month of consecutive decline in job creation nationally, but job creation in Los Angeles is actually looking pretty good. This week, the Los Angeles County Economic Development Corporation released a report forecasting that the County will create hundreds of thousands of jobs in the next four years. Unfortunately, most of those jobs will be low-skilled, low-paying and don’t require more than a high school diploma. So where does that leave the many young professionals and college graduates in Los Angeles, a city that keeps getting more expensive?