BATON ROUGE – Louisiana’s unemployment rate fell to 5.0 percent in December as the rates in all nine metropolitan statistical areas fell over the month, according to not-seasonally-adjusted data from the federal Bureau of Labor Statistics.
Not-seasonally-adjusted December unemployment rates and over-the-year nonfarm job change totals for the state and the nine MSAs are as follows:
• Statewide: 5.0 percent, down from 5.8 percent in November and down from 6.5 percent in December 2014. Down 17,900 jobs.
• Alexandria: 5.2 percent, down from 6.0 in November and down from 6.9 percent in December 2014. Down 1,000 jobs.
• Baton Rouge: 4.2 percent, down from 4.9 percent in November and down from 5.9 percent in December 2014. Up 8,800 jobs.
• Hammond: 5.7 percent, down from 6.5 percent in November and down from 7.6 percent in December 2014. Down 300 jobs.
• Houma: 4.9 percent, down from 5.6 percent in November and unchanged from December 2014. Down 3,600 jobs.
• Lafayette: 5.4 percent, down from 6.3 percent in November and unchanged from December 2014. Down 5,500 jobs.
• Lake Charles: 4.3 percent, down from 4.8 in November and down from 5.8 percent in December 2014. Up 2,300 jobs.
• Monroe: 5.2 percent, down from 6.1 percent in November and down from 7.2 percent in December 2014. Down 1,200 jobs.
• New Orleans: 4.7 percent, down from 5.6 percent in November and down from 6.4 percent in December 2014. Down 900 jobs.
• Shreveport: 5.5 percent, down from 6.4 percent in November and down from 7.1 percent in December 2014. Down 3,000 jobs.
Because of the process of data benchmarking, LWC will only have this employment release during February. State, MSA and parish data for January will be released on March 14. State, MSA and parish data for February will be released on March 28.
Seasonally-adjusted data are useful for comparisons among the states and the nation and are widely watched by economists, researchers and other analysts. The Louisiana Workforce Commission released the December report on seasonally-adjusted employment data on Jan. 26. Not-seasonally-adjusted data are useful for comparing trends in parishes and MSAs and for comparing them to the state.
To view all available employment data, visit Louisiana’s employment homepage at www.laworks.net and select Labor Market Information from the top-right menu. Then, select LOIS (Louisiana Occupational Information System) and select Employment and Wage Data listed under Historical Data Analysis. To view the BLS Local Area Unemployment Statistics for the state, visit http://data.bls.gov/pdq/querytool.jsp?survey=la. For BLS nonfarm employment data, click here: http://data.bls.gov/pdq/querytool.jsp?survey=sm.
Resources for employers and job seekers
Job seekers can explore careers, apply for top-rated jobs and connect with local training providers using Louisiana Star Jobs, the LWC’s free career tool, at www.laworks.net/Stars. Employers looking for workers should visit Louisiana’s employment homepage at www.laworks.net. Click on HiRE (Helping Individuals Reach Employment) and create an account allowing access to qualified job seekers. Job seekers can also use My Life. My Way to estimate living costs around Louisiana and to connect with occupations that afford their desired lifestyle. Visit My Life. My Way. at www.laworks.net/MyLife.
About the Louisiana Workforce Commission
The Louisiana Workforce Commission is an agency of state government that administers programs designed to enhance workforce growth and provide family-sustaining jobs for Louisiana residents. The commission monitors employment, administers unemployment compensation and tax funds, provides training resources for employers and employees and oversees worker compensation benefits. The agency also gathers and supplies information on the labor market and occupational sectors in Louisiana.
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