General Plan Update - City of Inglewood

2.3 Economic Trends and Conditions
households is growing more rapidly than employment, the jobs-to-household ratio
is expected to decline marginally over this projection period.
Business Overview
Employment data for the City of Inglewood and Los Angeles County from 1994 to 2004
was provided by the California Economic Development Department (EDD). This
information categorizes employment and payroll data by industry sector. Employment
data is grouped by the North American Industrial Classification System (NAICS) from
2001 to 2004 and the Standard Industrial Classification (SIC) for 1994. The North
American Industry Classification System was developed by representatives from the
United States, Canada, and Mexico, and replaces each country's separate classification
system with one uniform system for classifying industries. In the United States, NAICS
replaces the SIC, a system that federal, state, and local governments, the business
community, and the general public have used since the 1930s.
Almost 70.0 percent of the jobs in Inglewood were in three sectors; Retail &
Entertainment; Health Care and Other Services; and Government and Local Services. In
contrast, Manufacturing and Transportation only represent about 9.0 percent of the jobs.
Overall 1994 to 2004 Employment Trends
• As shown in Table 2.3-11, the City’s total employment (including self-employment)
grew marginally from 30,886 in 1994 to 31,127 in 2004, at an annual average
growth rate of 0.1 percent.
• In 2004, services formed the largest employment sector in the City with nearly
32 percent of the total jobs, as shown in Figure 2.3-8.
• Employment in services grew by a total of 1.0 percent from 9,814 in 1994 to 9,914
in 2004, at annual average rate of 0.1 percent.
• Manufacturing and Retail jobs declined by about 36 percent and 31 percent,
respectively, over the1994 to 2004 time period.
• Wholesale Trade, Finance, Insurance and Real Estate (FIRE), and Construction
declined in the 8 percent to 13 percent range from 1994 to 2004, as shown in
Table 2.3-11.
NAICS Sectoral Employment and Salary Trends: 2001 to 2004
The following presents sectoral trends by NAICS categories from 2001 to 2004 based on
data provided by the California Employment Development Department (EDD). The data
provided included information on employment by sector, number of establishments per
sector and payroll and wage trends by sector.
Employment by NAICS 2001 -2004
• Employment data from EDD was adjusted to include estimated self-employment
by NAICS sectors using factors shown in Appendix A (Appendix Table A-2).
City of Inglewood General Plan Update Technical Background Report
2.3-17