BATON ROUGE – Seasonally adjusted nonfarm jobs in Louisiana increased by 6,200 from September to October 2010, bringing the total number of jobs in the state to 1,907,900, the Louisiana Workforce Commission (LWC) announced today.
Not seasonally adjusted nonfarm employment for October had a gain of 13,300 jobs over the month and 19,200 jobs over the year. October was the fifth month in a row with over-the-year job gains in Louisiana in both the seasonally adjusted and unadjusted nonfarm series.
All eight of the state’s metropolitan statistical areas (MSAs) also showed job gains over the month. Over the year, there was an increase of 4,700 nonfarm jobs in the New Orleans MSA, 1,900 in the Lafayette MSA, 1,800 in the Lake Charles MSA, and 1,200 more in the Shreveport MSA.
Over the year, there has been an increase of 22,800 private sector jobs, while government jobs have decreased by 3,600. “The private sector continues to fuel job gains, which is a key to economic recovery,” said LWC Executive Director Curt Eysink.
The federal Bureau of Labor Statistics (BLS) estimates nonfarm employment from a survey of employers. Seasonally adjusted data are used to compare states and to compare states to the nation. Not seasonally adjusted data are used to compare areas within the state to each other and to the state as a whole.
A separate BLS survey of households is used to estimate Louisiana’s civilian labor force and unemployment rate. It shows Louisiana’s seasonally adjusted unemployment rate for October 2010 was 8.1 percent, up from the September 2010 revised rate of 7.8 percent and the year-ago figure of 7.3 percent. The October rate was tied for 20th lowest in the nation with Texas and Massachusetts and tied with Texas for fifth lowest in the Southern region. The Southern region rate for October was 9.2 percent. The unemployment rate for the United States was 9.6 percent, unchanged from the prior two months.
The state’s civilian labor force – the number of people working or looking for work – for October was 2,113,270, up from the September revised figure of 2,109,275. The number of employed in October was 1,942,727, down slightly from 1,945,574 in September. The number of unemployed in Louisiana in October 2010 rose to 170,543 from 163,701 in October.
Nationally, the civilian labor force has remained relatively flat since January 2008, while the civilian labor force in Louisiana has grown by more than 63,000 during the same time. “Instead of people dropping out of the labor force, as is the case nationally, it is a positive sign here in Louisiana that the number of people working or looking for work continues to grow,” said Eysink. “We know from unemployment insurance claims and White House estimates that thousands of jobs have been lost as a result of the oil spill and federal moratorium on offshore drilling. Clearly, the events in the Gulf and the uncertainty they’ve caused have been factors in the unemployment picture.”
Nonfarm employment by sector for October 2010 was as follows: government, 365,200, up 1,500 over the month as local schools’ and universities’ fall semester progressed; this increase was also reflected in private education and health services, 279,600, up 1,200; manufacturing 139,000, up 1,600 workers from September to October; construction increased 800 to 127,900; trade, transportation, and utilities, 370,700, up 1,000; information, 24,900, up 500 from the previous month; professional and business services, 196,700, up 100; other services at 68,100 and mining and logging at 50,500 both remained unchanged; financial activities, 88,000, down 300; and leisure and hospitality, 197,300, down 200 workers from September.
Louisiana’s unadjusted unemployment rate, comparable to MSAs and parishes, in October was 8.1 percent, up from the revised September rate of 7.8 percent.
For more detailed information on October 2010 employment data for Louisiana, visit our Web site at www.LAWORKS.net and select Labor Market Information from the top right-hand menu. Then select Monthly Employment Bulletin – Workforce At A Glance or Monthly Employment Statistics Press Release for the latest monthly nonfarm and labor force data.
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