The Booming Economy

Donations are down but demand is way, way up in L.A. at the city's food banks:

Steep job losses in the banking and entertainment industries, on top of the housing downturn, are reverberating particularly hard through the San Fernando Valley, leading to less work for janitors, waiters and others. The Valley has lost thousands of jobs in financial services, largely due to the failure last fall of Calabasas-based Countrywide Financial Corp. -- the nation's largest mortgage lender -- which laid off more than 20% of its workforce.

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