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L.A. County unemployment fell in February to 5.3 percent from 5.7 percent a month earlier, and 30,400 jobs were added to the rolls, many of them in Hollywood-related industries that had been impacted by the writers strike. Just as we expected, the new numbers show that the economic impact of the long walkout turned out to be much ado about not much. Actually, show business might be one of the industries relatively insulated from any economic downdraft. February was good on a lot of fronts, with eight of 11 industries posting gains from the previous month. Even manufacturing was up 1,700 jobs. Of course let's not get too excited - the year-over-year numbers still showed big drops in a bunch of categories. Statewide, the February jobless rate was 5.7 percent and nationwide it was 5 percent. Here's the EDD release.

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10:23 PM Sun | The New York Times sets up a piece examining the future of Variety and The Hollywood Reporter by saying the "feisty tradition of entertainment trade reporting and criticism...has been so severely tested in recent weeks that some wonder whether the entire era is drawing to a close."
Mark Lacter, LA Biz Observed
5:24 PM Fri | February was a strong month at the Port of Los Angeles, with overall container traffic up 27 percent from a year earlier.
1:56 PM Fri | OC DA sues Toyota
10:26 AM Fri | Yes, L.A. can go bankrupt
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