Skip to content

‘Runaway films’ are still keeping unemployment up

July 17, 2009

We’re following new jobless figures for the area, where about 9% of hopeful workers can’t find positions.

The leading cause of the region’s stagnant unemployment rates and the decline in its workforce is likely the popularity of “runaway film” productions, projects that motion picture and television studios locate in other states in an effort to cut costs, experts said.

The entertainment industry accounts for a significant portion of jobs in Glendale and Burbank and many job-seekers may have opted to stop looking for work, or to follow the productions to other states, said Jack Kyser, chief economist for the Los Angeles County Economic Development Corporation.

“Runaway film production is very serious,” Kyser said.”

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: