Here’s something you probably suspected: the six recent Taylor Swift concerts at SoFi Stadium were a nice pick-me-up for L.A.’s still-ailing tourist economy.

According to an economic analysis by the California Center for Jobs and the Economy, a nonprofit in Sacramento, Los Angeles got a $320 million bump in its gross domestic product. Area employment increased by an estimated 3,300, and local earnings went up $160 million.

This was particularly important for local hospitality businesses and their employees. “The local tourism industry, while improving, is still short of recovery to pre-pandemic levels,” the center’s report said. “Hotel jobs in the city of Los Angeles are still an estimated 15% below their pre-pandemic peak.”

Governments benefited, too. An estimated $20 million was paid in sales taxes to state and local governments, $17 million was spent on state income taxes from Swift and her employees and $9 million was paid in hotel taxes.

The report said the average ticket price was $700, and a different survey said the average concert goer spent more than $1,300 when the food, drink, merchandise and any travel expenses were added to that ticket purchase.

What’s more, the local tourism economy likely benefited even more because some of the out-of-town visitors may have stayed on in Los Angeles – expenses that were not included in the analysis.

• • • 

And here’s something else you probably suspected: more than a third of hiring managers admit to lying to job seekers during the hiring process.

That’s according to a survey released last week by ResumeBuilder.com, which provides resume templates and other products and services to job seekers. In all, 1,060 hiring managers took part in the survey, which was conducted on Aug. 2.

The report said 36% of hiring managers admitted that they embellish the truth when communicating to job candidates during the hiring process. Of that group, most said the truth stretching occurs primarily during the interview, in the job description and in the offer letter. 

What are they untruthful about? Job responsibilities, most often, followed by growth opportunities at the company. The company’s culture, benefits and commitment to social issues are also the subject of some fibs. 

Honesty, of course, is always the best policy: 55% said an employee quit after discovering they were lied to during the hiring process. And 14% said the quitters decamped within one week.

• • • 

As you might assume, the private sector is helping out with aid to Maui, so terribly hurt by devastating wildfires. 

Among the companies lending a hand are Planet 9 and Castle & Cooke Aviation, both based at the Van Nuys Airport, and Avfuel, which has an operation there.

Planet 9 transported aid to Hawaii, Avfuel donated fuel and the flight originated and landed at Castle & Cooke’s fixed-base operations. Planet 9 also provided complimentary flights to the mainland for nine victims of the fires who were stranded in Maui.

The Insider is compiled by Editor-in-Chief Charles Crumpley. He can be reached at [email protected].