The film and TV industry in Los Angeles is facing a significant downturn, with employment levels in L.A. County’s motion pictures and sound recording industries remaining stagnant at about 100,000 through April, which is roughly 20% less than pre-pandemic levels. California’s share of U.S. employment in these sectors has also decreased to less than 30%, down from almost 40% a decade ago, according to the U.S. Bureau of Labor Statistics. The Hollywood slowdown has prompted concerns about the viability of California's film and TV tax credit, with unions expressing fears over its potential danger. Financial experts are offering tips to help film and TV workers cope with the slowdown, as the industry struggles to recover from last fall's strikes. The mental health toll on workers is also becoming evident, with many expressing the strain of scarce job opportunities.