BATON ROUGE – Seasonally adjusted data released by the Bureau of Labor and Statistics shows that seasonally adjusted nonfarm employment increased by 19,400 jobs to 1,989,700 since October 2017. For the past 13 months, seasonally adjusted nonfarm jobs have posted over-the-year gains.
From October 2017, seasonally adjusted private-sector employment increased by 22,200 jobs to 1,665,900. Seasonally adjusted total private-sector employment has also added jobs over-the-year for the past 13 months.
“Over the past 13 months, Louisianans have continued to re-enter the labor market into jobs that both pay well and provide support for Louisiana residents and their familes,” said LWC Secretary Ava Dejoie. “This coupled with the recent news of Louisiana’s 4.3 percent Gross Domestic Product (GDP) increase during the second quarter which ranked 12th in the nation, shows that the state is moving in a direction that both employees and business owners can be confident in.”
Industries that showed the largest gains for seasonally adjusted jobs:
• Other Services gained 2,900 jobs from October 2017 and 400 jobs from September 2018. The Other Services sector is at an employment record. Other Services includes industries engaged in activities such as equipment and machinery repair and services.
• Mining and Logging gained 2,100 jobs from October 2017 and 500 jobs from September 2018.
• Education and Health Services gained 4,600 jobs from October 2017 and 900 jobs from September 2018.
• Financial Activities gained 1,400 jobs from October 2017 and 1,200 jobs from September 2018.
• Leisure and Hospitality gained 3,100 jobs from October 2017 and 600 jobs from September 2018.
Metropolitan Statistical Areas (MSAs)
Among Louisiana’s MSAs, seasonally adjusted data shows:
• Alexandria lost 100 jobs from October 2017, but gained 100 jobs from September 2018.
• Baton Rouge gained 6,400 jobs from October 2017, but lost 3,000 jobs from September 2018.
• Hammond gained 700 jobs from October 2017 and 200 jobs from September 2018.The Hammond MSA is at an employment record.
• Houma lost 300 jobs from October 2017 and 200 jobs from September 2018.
• Lafayette gained 1,000 jobs from October 2017, but lost 200 jobs from September 2018.
• Lake Charles gained 3,600 jobs from October 2017, but lost 100 jobs from September 2018.
• Monroe gained 600 jobs from October 2017 and 400 jobs from September 2018.
• New Orleans gained 9,100 jobs from October 2017 and 1,400 jobs from September 2018.
• Shreveport gained 1,000 jobs from October 2017 and 100 jobs from September 2018.
From October 2017, the seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work increased by 1,653 to 2,117,019.
From September 2018, the numbers of seasonally adjusted unemployed individuals decreased by 441 to 105,971.
The seasonally adjusted unemployment rate remained unchanged from September’s rate of 5.0 percent.
Not Seasonally Adjusted Data
From September 2018, the not seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work increased by 8,813 to 2,107,987.
The number of not seasonally adjusted employed individuals increased by 14,930 to 2,009,360 from September 2018. The number of not seasonally adjusted unemployed individuals decreased by 6,117 to 98,627 over that same time frame.
The not seasonally adjusted unemployment rate decreased by 0.3 percentage points to 4.7 percent.
October metropolitan statistical area (MSA) and parish unemployment rates will be released on November 28, 2018. For additional state and MSA data release dates, please click here.
Seasonally Adjusted vs. Not-Seasonally Adjusted Data
Jobs and employment trends data are often difficult to understand because there are two different ways to look at the data, seasonally or non-seasonally adjusted data.
Seasonal adjustment works to measure and remove the influences of predictable seasonal patterns to reveal how employment and unemployment figures change from month to month. Not seasonally adjusted data retains seasonal employment trends.
Over the course of a year, the labor force size, available jobs and employment rates undergo predictable fluctuations due to seasonal changes in weather, harvests, major holidays, and school schedules. Seasonal adjustment reduces the impact of these changes, making it easier to understand trends. Seasonally adjusted data is best utilized when comparing several months of employment and jobs data, while not seasonally adjusted data is best used to compare over-the-year trends. Seasonally adjusted data are useful for comparisons among states and the nation.
The Louisiana Workforce Commission primarily uses seasonally adjusted data because it provides a more useful and telling picture of Louisiana’s jobs and employment situation.
To view all available employment data, visit Louisiana’s employment homepage at http://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 Data Trends. 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 http://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.
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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