BATON ROUGE – The number of people in the labor force and the number of jobs in Louisiana both showed over-the-year gains in June, according to federal figures released today.
The number of nonfarm jobs increased by 48,300 over the year, with 46,200 of those jobs in the private sector, according to not seasonally adjusted estimates released by the federal Bureau of Labor Statistics. The number of total nonfarm jobs decreased by 5,000 over the month to 1,947,900 in June, led by seasonal declines in education jobs as schools, colleges and universities let out for summer breaks.
Last year, BLS changed its method for estimating nonfarm employment, greatly reducing state input into the results. The effect has been greater variability from month to month, particularly for areas that are smaller than the state, such as metropolitan statistical areas, and for industry sectors or subsectors.
A separate BLS survey of Louisiana households shows the civilian labor force – an estimate of the number of people working plus the number looking for work – grew by 37,209 over the month and 34,335 over the year to a seasonally unadjusted total of 2,117,248. The number of people working increased on a seasonally unadjusted basis by 2,067 over the month and by 21,721 over the year to a total of 1,934,591 in June. The number of unemployed was up by 35,142 over the month and 12,614 over the year to a total of 182,657 in June. These figures also are influenced heavily by the summer pattern of education employment and by students joining the labor force in the summer.
Based on those numbers, the state’s seasonally unadjusted unemployment rate was 8.6 percent in June, up 1.5 percent over the month and 0.4 percent over the year. The national rate increased by 0.5 percent over the month to 8.4 percent and the Southern Region rate increased by 0.7 percent over the month to 8.3 percent.
The seasonally unadjusted unemployment figures for all eight of Louisiana’s metropolitan statistical areas and their change over the month and year are:
Alexandria: 8.7 percent, up 1.6 percent over the month and 0.6 percent over the year
Baton Rouge: 8.7 percent, up 1.6 percent over the month and 0.3 percent over the year
Houma: 6.2 percent, up 1.1 percent over the month and 0.2 percent over the year
Lafayette: 6.2 percent, up 1.1 percent over the month and down 0.3 percent over the year
Lake Charles: 8.1 percent, up 1.2 percent over the month and 0.8 percent over the year
Monroe: 9.6 percent, up 1.9 percent over the month and 1.0 percent over the year
New Orleans: 8.7 percent, up 1.6 percent over the month and 0.7 percent over the year
Shreveport: 8.4 percent, up 1.4 percent over the month and 1.0 percent over the year
For more detailed information on June 2012 employment data for Louisiana, visit the LWC website at www.laworks.net and select Labor Market Information from the top-right menu. Then select Labor Force Summaries or Nonfarm Employment.
To view the BLS nonfarm estimates for the state, click here: http://data.bls.gov/pdq/querytool.jsp?survey=la.
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