Hollywood Strike Threat Dims Forecast

Just as I head out to an enthusiastic meeting about the new Enterprise Zone in Hollywood, the Los Angeles Business Journal reports on an economic forecast with some foreboding news:

Los Angeles County’s overall economic future looks bright, but the prospect of strikes in Hollywood is a major concern, according to the 2007-08 Economic Forecast and Industry Outlook, released Wednesday.

The report, which is prepared by the Los Angeles County Economic Development Corporation, said that while the L.A. County region should see job growth of 1.1 percent, the movie and television production industry could quickly lose as many as 2,000 jobs in 2008 due to labor disruptions.