Around four million people call Los Angeles home, so the state of its economy and housing market carry some broader implications for state policymakers. A jobs, transportation and housing summit today will examine where things stand.
On the jobs front, the metro area’s September unemployment rate of 6.2 percent sat above the state’s 5.5 percent rate. The coastal metropolitan area remains among the most expensive for housing in the nation. You probably already have some thoughts on the state of transit.
A summit sponsored by the Los Angeles Business Council will take a deeper look today, delving into topics that include clean energy jobs – a favorite of the L.A. based Senate leader – and the city’s attempt to lure the 2024 Olympics. Expected speakers include Mayor Eric Garcetti, U.S. Rep Xavier Becerra, D-Los Angeles, and California High Speed Rail Authority chair Dan Richard.
DMVEEKENDS: Even the officials who planned extensively for a surge of undocumented immigrants seeking driver’s licenses have been surprised at how many people turned out (they issued 525,000 by early October). They’ve sought to manage the influx by hiring more staff, opening more offices and expanding hours, but interest has apparently leveled off enough that tomorrow marks the last day for Saturday office hours at field offices, which DMV director Jean Shiomoto heralded in a statement as a sign that the agency has “returned to normal operations.”
MAYORAL: A University of the Pacific forum on the advancement of women has tabbed one of the more impressive examples out there: Supreme Court Justice Sonia Sotomayor, who in 2009 became the first Latina to sit on the highest judicial panel in the land. The event gets started at 8:30 a.m. at the Stockton campus.
CELEBRATIONS: A preemptive happy birthday to Rep. Brad Sherman, D-Northridge, who turns 61 on Saturday.