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General Plan Update - City of Inglewood

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Chapter 3 – BUSINESS OVERVIEW<br />

Employment data for the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> and Los Angeles County from 1994 to 2004 was<br />

provided by the California Economic Development Department (EDD). This information<br />

categorizes employment and payroll data by industry sector. Employment data is grouped by the<br />

North American Industrial Classification System (NAICS) from 2001 to 2004, and the Standard<br />

Industrial Classification (SIC) for 1994. The North American Industry Classification System was<br />

developed by representatives from the United States, Canada, and Mexico, and replaces each<br />

country's separate classification system with one uniform system for classifying industries. In the<br />

United States, NAICS replaces the SIC, a system that federal, state, and local governments, the<br />

business community, and the general public have used since the 1930s.<br />

Almost 70.0 percent <strong>of</strong> the jobs in <strong>Inglewood</strong> were in three sectors; Retail & Entertainment;<br />

Health Care and Other Services; and Government and Local Services. In contrast, Manufacturing<br />

and Transportation only represent about 9.0 percent <strong>of</strong> the jobs.<br />

3.1 Overall 1994 to 2004 Employment Trends<br />

• As shown in Table 3-1, the <strong>City</strong>’s total employment (including self-employment) grew<br />

marginally from 30,886 in 1994 to 31,127 in 2004, at an annual average growth rate <strong>of</strong><br />

0.1 percent.<br />

• In 2004, services formed the largest employment sector in the <strong>City</strong> with nearly 32 percent<br />

<strong>of</strong> the total jobs, as shown in Figure 3-2.<br />

• Employment in services grew by a total <strong>of</strong> 1.0 percent from 9,814 in 1994 to 9,914 in<br />

2004, at annual average rate <strong>of</strong> 0.1 percent.<br />

• Manufacturing and Retail jobs declined by about 36 percent and 31 percent, respectively,<br />

over the1994 to 2004 time period.<br />

• Wholesale Trade, Finance, Insurance and Real Estate (FIRE), and Construction declined<br />

in the 8 percent to 13 percent range from 1994 to 2004, as shown in Table 3-1.<br />

3.2 NAICS Sectoral Employment and Salary Trends: 2001 to 2004<br />

The following section presents sectoral trends by NAICS categories from 2001 to 2004 based on<br />

data provided by the California Employment Development Department (EDD). The data<br />

provided included information on employment by sector, number <strong>of</strong> establishments per sector<br />

and payroll and wage trends by sector.<br />

Stanley R. H<strong>of</strong>fman Associates, Inc. 28 Economic Conditions and Trends<br />

April 20, 2006<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> <strong>General</strong> <strong>Plan</strong> <strong>Update</strong>

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