News
Date:July 5, 2007
Contact:Ed Pratt @ (225) 219-0679

Jobs increased in fourth quarter of 2006

BATON ROUGE – There was an increase of more than 29,000 jobs in the state in the fourth quarter of 2006, according to the “Louisiana Employment and Wages - Fourth Quarter 2006” report released today by the Louisiana Department of Labor.

This report, now available on our Web site, is based on quarterly tax returns from all employers covered by unemployment insurance. Parish list includes data by two-digit North American Industry Classification System (NAICS) sectors with the number employed, total number of employing units, and total wages earned. The statewide list includes all of the same data categories found in the parish list with data down to the three-digit NAICS subsectors level.

According to the report, the average quarterly employment for Louisiana during the fourth quarter 2006 was 1,843,779, an increase of 29,192 jobs or 1.6 percent from the third quarter 2006, and an increase of 81,022 jobs or 4.6 percent from the same period in 2005. Employment increased in 15 of the 20 NAICS sectors from the third quarter 2006.

The report also shows that:

Total wages increased $1.6 billion or 10.1 percent from the fourth quarter 2005.

Total wages also increased $1.8 billion or 11.3 percent from the third quarter 2006.

The average weekly wage for the fourth quarter 2006 was $748.

The average weekly wage increased $65 from the third quarter 2006 and $37 from the fourth quarter 2005.

Employers seeking plant sites to compare employment and quarterly wages paid by industry in potential locations can use this report. Market researchers use the report for market and consumer analysis. Public and private organizations use it in the administration and evaluation of manpower programs and policies.

To view and print Excel files for the Fourth Quarter 2006 Report go to our Web site at http://www.LAWORKS.net/ , select Labor Market Information in the left-side menu, scroll down the page and select Quarterly Census of Employment and Wages. All persons currently on the mailing list for this publication will receive a copy within the next few weeks. For anyone not on the list, a copy of this publication may be obtained by contacting the Research and Statistics Division by phone at (225) 342-3141, by fax at (225) 342-9192, or by writing to P. O. Box 94094, Baton Rouge, LA 70804-9094.

Note: This revision date does not reflect the revision date of the press release shown. Press Release postings are updated as needed and should be considered accurate as shown.