Louisiana's Jobless Rate Falls Again As Payrolls Stay Level

 

NEW ORLEANS (AP) — Unemployment fell again in Louisiana, as payrolls were level.

The jobless rate fell to 4.6 percent in January from 4.7 percent in December, as more people entered the labor force and more found jobs. Louisiana's unemployment rate was 5.8 percent a year ago.

- Sponsors -

About 97,000 Louisianans were jobless, down about 3,000 from December.

January's U.S. unemployment rate was 4.1 percent, the same as in December but below January 2017's 4.8 percent.

The separate survey of how many people are on employer payrolls, many economists' top labor market indicator, stayed level from December to January at about 1.97 million in Louisiana. That's about level with last year. Louisiana payrolls stopped shrinking in mid-2016, but haven't grown consistently since.

- Partner Content -

Sunni LeBeouf

Black History Month Spotlight This Black History Month, Cox Communications is proud to recognize Sunni LeBeouf for her prolific record of professional achievement, civic philanthropy,...

The U.S. Labor Department released figures Monday, adjusted to cancel out seasonal changes.

 

 

Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter