BATON ROUGE – Louisiana added 3,400 nonfarm jobs from October to November and 46,700 over the year, according to seasonally adjusted data announced today by the Louisiana Workforce Commission.
The number of unemployed in Louisiana dropped to 140,690 in November, the lowest level since June 2009. The seasonally adjusted unemployment rate fell to 6.9 percent, which was tied with Maryland for both the 15th lowest in the country and third lowest in the South. Louisiana and Texas are the only two states in the southern region that have surpassed their pre-recession nonfarm employment levels.
“All indicators are moving in the right direction, as more people are working and fewer are unemployed. Louisiana has been adding jobs for well over a year, spurred by growth in private sector employment,” LWC Executive Director Curt Eysink said. “Clearly, employers have recognized that Louisiana is a great place to do business.”
The state added 47,300 private sector jobs over the year and 2,900 over the month. The seasonally adjusted total number of jobs reached 1,936,800 in November. Nonfarm data is estimated from a survey of employers conducted by the federal Bureau of Labor Statistics. The survey shows 14 consecutive months of over-the-year gains in private sector jobs.
The year-over-year growth in nonfarm jobs was spread broadly across industry sectors: education and health services, 292,200, up 18,600 jobs; manufacturing, 144,700, up 6,900; leisure and hospitality, 201,400, up 5,100; financial activities, 97,700, up 4,900; trade, transportation, and utilities, 371,200, up 4,700; mining and logging, 55,300, up 3,200; professional and business services, 195,900, up 2,800; construction, 123,900, up 2,400 jobs; and information, 28,600, up 600 since November 2010. Industry sectors with annual job declines were: other services, 64,800, down 1,900; and government, 361,100, down 600.
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 November 2011 was 6.9 percent, down from the October 2011 revised rate of 7.0 percent and below the year-ago figure of 7.7 percent. The unemployment rate for the United States was 8.6 percent. Seasonally adjusted data are used to compare states and to compare states to the nation.
The state’s civilian labor force – the number of people working or looking for work – for November was 2,047,971, up from the October revised figure of 2,042,928. The number of employed in November was 1,907,281, up 6,668 from 1,900,613 in October.
Not Seasonally Adjusted Data – Local Area Data
Not seasonally adjusted data are used to compare areas within the state to each other and to the state as a whole.
The not seasonally adjusted nonfarm employment in Louisiana grew by 6,300 from October to November and by 46,700 over the year. Retail trade added the most jobs over the month as businesses prepared for the holiday season with an increase of 5,100 workers. Health care and social assistance added 17,200 jobs over the year.
Seven of the eight metropolitan statistical areas showed nonfarm job gains over the month with the Shreveport MSA adding 2,200 jobs followed by Baton Rouge with an increase of 1,500, and New Orleans, with a gain of 1,400 workers.
Every metro area added nonfarm jobs over the year with the New Orleans MSA up 9,000 jobs; Lafayette, increased 4,800; Houma, up 3,100; Lake Charles, up 3,000; Shreveport, up 2,000; Alexandria added 700 workers; Baton Rouge gained 500; and the Monroe MSA increased 400 jobs.
“Each month gives us more reason to be happy about the direction our state is heading,” Eysink said.
Louisiana’s unadjusted unemployment rate was its lowest since November 2009, dropping to 6.5 percent in November. The revised October rate was 7.1 percent and the November year-ago rate was 7.3 percent. Every MSA’s unemployment rate improved over the month:
Alexandria, 6.2 percent, down from 6.8 percent
Baton Rouge, 6.6 percent, down from 7.1 percent
Houma, 4.5 percent, down from 4.9 percent
Lafayette, 4.9 percent, down from 5.3 percent
Lake Charles, 5.9 percent, down from 6.4 percent
Monroe, 6.9 percent, down from 7.5 percent
New Orleans, 6.5 percent, down from 7.1 percent
Shreveport, 6.0 percent, down from 6.6 percent
For more detailed information on November 2011 employment data for Louisiana, visit our website 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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