Baton Rouge – Data released today by the Bureau of Labor and Statistics shows that Louisiana’s seasonally adjusted unemployment rate decreased to 4.3 percent in June 2019. The last time Louisiana’s seasonally adjusted unemployment rate was lower was in January 2008. This figure is 0.7 percentage points lower when compared to June 2018’s seasonally adjusted unemployment rate of 5.0 percent, and down from May 2019’s rate of 4.4 percent. The healthcare and social assistance sub-sector reached another all time series high for employment with 276,700 jobs.
Since June 2018, the number of seasonally adjusted employed individuals has increased by 7,827 from 1,999,123 in June 2018 to 2,006,950 in June 2019. The number of seasonally adjusted unemployed individuals decreased by 14,995 from 105,512 in June 2018 to 90,517 in June 2019. Since May 2019, the number of seasonally adjusted unemployed individuals has decreased by 1,642.
“It’s good news whenever more Louisianaians are working, and more Louisianians are working,” said LWC Secretary Ava Dejoie. “We remain steadfast in our commitment to connect job seekers to family sustaining careers, while meeting the workforce and training demands of employers.” Dejoie also stated that, “just this week LWC’s Incumbent Worker Training Program was recognized for its success in upskilling existing workers, creating new jobs, and aiding business growth. Our workforce initiatives are moving Louisiana in the right direction.”
Seasonally adjusted private sector employment increased by 300 jobs from 1,653,600 in June 2018 to 1,653,900 in June 2019. Seasonally adjusted private sector employment has now added jobs of the year for the past 16 months.
Industries that showed the largest gains for seasonally adjusted jobs in June 2019:
• Healthcare and Social Assistance sub-sector gained 9,400 jobs from June 2018 and 1,200 jobs from May 2019.
• Trade, Transportation and Utilities gained 1,800 jobs from June 2018 and 1,400 jobs from May 2019.
• Other Services, which includes industries engaged in activities such as equipment and machinery repair services, remained unchanged from June 2018, but gained 200 jobs from May 2019.
Metropolitan Statistical Areas (MSAs)
Among Louisiana’s MSAs, seasonally adjusted data shows for June 2019:
• Alexandria lost 200 jobs from June 2018, but gained 200 jobs from May 2019.
• Baton Rouge lost 1,700 jobs from June 2018 and 700 jobs from May 2019.
• Hammond lost 100 jobs from June 2018 and 100 jobs from May 2019.
• Houma lost 2,900 jobs from June 2018 and 400 jobs from May 2019.
• Lafayette gained 1,500 jobs from June 2018, but remained unchanged from May 2019.
• Lake Charles gained 1,100 jobs from June 2018, but remained unchanged from May 2019.
• Monroe lost 100 jobs from June 2018, but remained unchanged from May 2019.
• New Orleans gained 8,800 jobs from June 2018 and 1,600 jobs from May 2019.
• Shreveport lost 2,400 jobs from June 2018, but gained 100 jobs from May 2019.
Not Seasonally Adjusted Data
The not seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work, increased by 33,133 from 2,093,896 in May 2019 to 2,127,029 in June 2019.
The number of not seasonally adjusted employed individuals increased from 2,007,861 in June 2018 to 2,013,742 in June 2019, an increase of 5,881. Since May 2019, the number of not seasonally adjusted employed individuals has increased by 5,719.
From June 2018, the number of not seasonally adjusted unemployed individuals has decreased from 130,667 to 113,287, a net decrease of 17,380.
Louisiana’s not seasonally adjusted unemployment rate decreased 0.8 percentage points from 6.1 percent in June 2018 to 5.3 percent in June 2019. Historically, the over the month May to June not seasonally adjusted rate increase average is 1.2 percent. This over the month not seasonally adjusted unemployment rate increase typically seen from May to June is due primarily to summer employment trends in the education and government sectors, particularly in higher education.
June metropolitan statistical area (MSA) and parish unemployment rates will be distributed on July 26, 2019. 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 https://data.bls.gov/PDQWeb/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 http://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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