Data, lacity, org · log in. A recent Yelp economic report ranked Los Angeles as the city in the United States with the highest number of business closures since the pandemic began. The report revealed that there have been 15,000 business closures across Los Angeles County, and half of the closures are expected to be permanent. The pain in California has been acute.
Nearly 40,000 small businesses had closed in the state in September more than in any other state since the pandemic began, according to a report compiled by Yelp. Half had closed permanently, according to the report, far more than the 6,400 that had permanently closed in New York. Economic Development Corporation Bill Allen explains to Inside the Issues why Southern California is a pain point for small business losses. John Cox, also a former small business owner, has promised tax cuts to make California more business-friendly, while Kevin Kiley, a Rocklin Assemblyman, says he would use executive powers to push back onerous regulations such as those for concert workers.
Larry Elder, a radio host and former small business owner, has emphasized the impact of crime on small businesses and has openly expressed opposition to a minimum wage. Thousands of small business owners in California are still trying to survive a pandemic that is now in its fourth increase. Few business sectors were hit harder than the restaurant industry, which before the pandemic included more than 76,000 food and beverage establishments employing 1.8 million people, according to the California Restaurant Association. Allens notes that company ownership and size had a big impact on how long businesses were able to stay open after stay-at-home orders were implemented.
For his part, Newsom, who poses as an entrepreneur, has taken some steps to help small business owners, including tax breaks for business owners who received federal relief loans. John Kabateck, California director of the National Federation of Independent Business, said views on the recall vary among its members, but many are too busy dealing with larger concerns. Those struggling to open businesses responsibly were becoming entangled with more Trump factions, which saw new allies in some of the apolitical business owners. An analysis of the data shows that nearly half of San Francisco's small businesses remain closed and some others are about to close.