Upward Mobility

LOS ANGELES REGION: In 2015 the LAEDC issued a report on the progress made from 2010 to 2014 on LA County’s first ever consensus built Strategic Plan for Economic Development. While LA County saw marked improvement across a wide variety of metrics including substantial regional GDP growth, export growth, and employment growth, we also noted that we still had unacceptably high poverty rates, tepid wage growth (and even decreases in the bottom half of wage earners) and widening income inequality – all of which if not dealt with would most certainly detract from LA County’s quality of life.

As a result we invited a broad public conversation through 26 public convenings to create a new five year strategic plan that would more intentionally address our widening income inequality and develop specific strategies to create a more inclusive and equitable economy. With the help of more than 500 stakeholders from business, government, labor, education, environment, philanthropy and community and faith based organizations we created a new plan to be implemented from 2016-2020, and then set about engaging the private and public sectors to help us establish and fund a multi-million dollar collaborative effort called Propel LA to help facilitate, track and publicize the progress of the implementation of that plan, to propel LA into a brighter, more equitable and more sustainable future.