BATON ROUGE – Seasonally adjusted nonfarm employment in Louisiana grew by 61,500 workers between May 2006 and May 2007, bringing the total number of jobs in the state to 1,907,900, the Louisiana Department of Labor announced today.
Louisiana’s unemployment rate for May 2007 was 4.8 percent, an increase from 4.3 percent for April 2007. The May 2006 revised rate was 3.8 percent. The May 2007 U.S. unemployment rate had no change over the month remaining at 4.5 percent.
Louisiana’s civilian labor force – the number of people working and looking for work – for May 2007 decreased to 2,009,233, from 2,009,996, in April 2007. The number of employed in May was 1,911,861, a decrease from 1,923,612 in April 2007. The state’s unemployed for May 2007 increased to 97,372, from 86,384 in April 2007.
Unadjusted unemployment rates compare parishes and metropolitan statistical areas (MSAs) to the state. The May 2007 unadjusted unemployment rate for Louisiana was 4.5 percent, up from the preliminary April 2007 rate of 3.7 percent. The unemployment rates for the MSAs were: Alexandria, 4.2 percent, up from 3.5 percent in April 2007; Baton Rouge, 4.2, up from 3.5; Houma, 3.3, up from 2.5; Lafayette, 3.3, up from 2.5; Lake Charles, 4.2, up from 3.5; Monroe, 5.1, up from 4.3; New Orleans, 4.8, up from 3.8; and Shreveport-Bossier City, 4.9, up from 4.0. Lafayette Parish had the lowest unemployment rate at 3.1 percent in May 2007, while East Carroll Parish had the highest rate at 9.5 percent.
Preliminary seasonally adjusted statewide total nonfarm employment for May 2007 was 1,907,900 compared to 1,906,100 for the revised April 2007 figure, for an increase of 1,800 workers. The sector breakdown was as follows: natural resources and mining, 51,000 employed in May 2007, up from 50,900 in April 2007; construction, 136,300, up from 135,500; manufacturing, 154,000, was unchanged; trade, transportation, and utilities, 382,400, up from 381,500; information, 25,800, down from 26,600; financial activities, 97,300, unchanged; professional and business services, 199,200, down from 199,800; educational and health services, 246,000, up from 244,900; leisure and hospitality, 192,300, up from 191,600; other services, 68,900, down from 69,800; and government, 354,700, up from 354,200 last month.
For more detailed information on the May 2007 employment data for Louisiana, visit our Web site at www.LAWORKS.net and select Labor Market Information from the left-side menu. Then select LMI Bulletin – Workforce At A Glance or LMI Monthly Employment Statistics for the latest monthly nonfarm and labor force data or employment press release, respectively.
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