Fragile Pandemic Recovery Is Leaving LA’s Small Businesses Behind

Start your day with LAist

Sign up for the Morning Brief, delivered weekdays.

L.A.’s economic recovery from the pandemic is fragile and — this is key — it’s not taking place across the board.

That was the message this week from economists with L.A. County’s Economic Development Corporation (LAEDC)

The organization estimates the county lost about 772,000 jobs at the onset of the pandemic. More than a year later, fewer than half of those jobs have returned — and most that did are high-wage positions that allow people to work from home.

Personal spending has bounced back, but agency CEO Bill Allen says small businesses aren’t reaping the benefits.

Why?

“It appears to be largely due to the fact that consumers shifted their buying behaviors to online ordering and deliveries…

Read more…