Pasadena Business Climate

A diverse and stable economy

Pasadena – An Ideal Climate for Business

Probably no other city of its size is home to more internationally known businesses than Pasadena. One key reason is the highly educated workforce resulting from the presence of many renowned educational and research institutions. The two largest non-government employers in the area are the California Institute of Technology and the Jet Propulsion Laboratory. Newly created office space and research facilities are attracting more technology related companies. Other top employers include health care and research leaders Huntington Memorial Hospital, Kaiser Permanente and Huntington Medical Research Institute. Engineering and construction firms such as Parsons Corporation and IMEG, as well as financial institutions East-West Bank and Bolton & Company insurance are headquartered here. Pasadena hosts 105,000 jobs From scientific and technical to engineering and architecture, healthcare, hospitality, arts and theater

More than 60% of our working age population of 60,000 is employed in professional, managerial, technical, sales and clerical positions. Close to 15% are employed in the service industries Approximately 10% are employed in manufacturing and other light industrial companies 10% of our workers are engaged in the hospitality industry.

Kaiser Permanente maintains its regional headquarters in Pasadena as well as medical service facilities. Pasadena is home to the excellent Huntington Memorial Hospital. The Community Health Alliance of Pasadena (CHAP Care) serves the needs of many Pasadena residents. Huntington Medical Research Institute is at the forefront of medical research among an active cluster of biomedical research facilities in Pasadena. Shriners Medical Center for Children recently opened a new facility in Pasadena and Kaiser Permanente is about to start construction on a medical school here. To the east of Pasadena, City of Hope is the foremost provider of healthcare to those afflicted by cancer. Pasadena is also home to doctors, dentists and health practitioners in all fields. Seniors can find geriatric serves and some of the finest senior and assisted living facilities in Southern California. Pasadena is known throughout Southern California as a destination for shopping, dining and entertainment. The city offers top retailers, trendy boutiques, exquisite shops, and restaurants to suit every budget and palate. Whether it is Old Pasadena, the Playhouse District, The Paseo or South Lake Avenue in downtown, or the Hastings RanchFoothill shopping area in east Pasadena, shops, restaurants, entertainment and more can be found to suit every taste and budget.