Women – A Force in the Los Angeles Workforce



Published originally in the Los Angeles Business Journal

Women have recovered all jobs lost since the 2008 economic recession, while men lag in regaining the 6 million jobs lost according to a report from the Bureau of Labor Statistics released in November. Today there are 67.6 million women in the workforce, up from 67.4 million in March 2008. By comparison, there are 69.2 million men working today, which still lags from the 70.9 million peak in June 2007. Based on the current data and workforce trends, women are poised to exert much greater workplace power in the years ahead.

At the same time women in certain industries are poised to climb to the c-suite.  Sectors that have weathered the financial crisis and are now experiencing significant growth are more often women-led industries. Areas in which women are regaining jobs are in the healthcare, education, hospitality, and retail industries. Meanwhile, in male-dominated sectors, like construction and manufacturing, men are struggling to recoup from the economic downturn altogether. Continue reading

David M. Smith, Ph.D.

Senior Associate Dean and Associate Professor of Economics

Phone: (310) 568-5590
Mobile: (805) 217-0662
E-mail: david.m.smith@pepperdine.edu


Labor markets (West Coast trends in labor) and employment, labor disputes and union issues, women/men economic power, MBA programs and teaching MBA level economics

Research Interest:

Labor pay and productivity, forecasting, and analysis of specific labor markets


An economist, Dr. David Smith comments frequently on macroeconomic trends in employment, labor disputes and union issues. He offers timely commentary on the impact of consumer spending, gross domestic product and national debt. Dr. Smith is also a resource on credit unions and the economic impact of data loss. His opinion in matters related to the Employee Free Choice Act and union negotiations within the entertainment and grocer industries have been widely reported.

Conference Advances Supply Chain Management Development, October 8-9


Bio Supply Management Alliance

Pepperdine University’s Graziadio School of Business and Management and the Bio Supply Management Alliance (BSMA) have renewed their five-year partnership and announced the 5th Annual Conference to be held on October 8-9, 2012 at Crowne Plaza, 1221 Chess Drive, Foster City, CA.

Titled “Advance Biopharma Industry for Strategic Sourcing, Operational Efficiency, Global Supply Chain Integrity & Federal Compliance,” the conference is designed to provide an exclusive audience of senior-level executives and academia to address the solutions for clinical operations supply chain, strategic sourcing, emerging markets, talent development, risk management, IT and cold chain technologies with authoritative insights, best practices and market intelligence about the supply and distribution of biotechnology products and services. Continue reading

Time for Permanent Holiday



Los Angeles business tax holiday

(LOS ANGELES BUSINESS JOURNAL) — For years, academia, economic development leaders, the business community and policymakers have discussed the need to improve L.A.’s business environment. Over the last two years, efforts to improve business competitiveness in the City of Angels have focused on tax reform.

From targeted tax reform for car dealers to clarifying statutes of limitation for tax rules to reforming how businesses process overpayment or underpayment of taxes, the debate on how to improve L.A.’s business climate has been extensive and wide-ranging. Most recently, the Business Tax Advisory Committee has been working on a recommendation to reform the city’s tax system by phasing out the tiered gross receipts tax, a tax on the total gross revenues of a company.

I believe this is a significant opportunity to improve the business climate and encourage investment in Los Angeles. Continue reading

ONLINE MBA.COM: Graziadio’s New Online MBA Program



“Students more than ever want flexibility and convenience,” said Associate Dean David Smith in an article on OnlineMBA.com. “This online framework increased the flexibility of when students can take classes. That’s what drove us to explore this space.”

“I think the dean at every business school has on their minds what their digital strategy is going to be in the next five to 10 years,” he said. “In the graduate business school market, there’s a lot of movement from these quality schools into this space. I think every school needs to have a strategy about what they are going to do with online.”

[Full Article]