News
Date:July 25, 2007
Contact:Patty Lopez @ (225) 342-3147

Nonfarm Job Growth Continues - Unemployment Drops

BATON ROUGE – Seasonally adjusted nonfarm jobs in Louisiana added 53,700 workers between June 2006 and June 2007, bringing the total number of workers in the state to 1,910,800, the Louisiana Department of Labor announced today.

Louisiana’s unemployment rate for June 2007 was 3.8 percent a decrease from 4.8 percent for the prior month. The June 2006 revised rate was 3.6 percent. The June 2007 unemployment rate for the US had no change remaining at 4.5 percent for the last three months.

Louisiana’s civilian labor force – the number of people working and looking for work – for June 2007 decreased to 1,969,834, from 2,009,233, in May 2007. The number of employed in June was 1,894,659, a decrease from 1,911,861 in May. The state’s unemployed for June 2007 decreased to 75,175, from 97,372 in May 2007.

Unadjusted unemployment rates compare parishes and metropolitan statistical areas (MSAs) to the state. The June 2007 unadjusted unemployment rate for Louisiana was 4.9 percent, up from the preliminary May 2007 rate of 4.5 percent. The unemployment rates for the MSAs were: Alexandria, 4.8 percent, up from 4.2 percent in May 2007; Baton Rouge, 4.6 up from 4.2; Houma, 3.4, up from 3.3; Lafayette, 3.5, up from 3.3; Lake Charles, 4.6, up from 4.2; Monroe, 5.5, up from 5.1; New Orleans, 5.1, up from 4.8; and Shreveport-Bossier City, 5.2, up from 4.9. Lafayette, Lafourche and Terrebonne Parishes tied for the lowest unemployment rate at 3.4 percent in June 2007, while East Carroll Parish had the highest rate at 10.9 percent.

Preliminary seasonally adjusted statewide total nonfarm employment for June 2007 was 1,910,800 compared to 1,905,900 for the revised May 2007 figure, for an increase of 4,900 workers. The sector breakdown was as follows: natural resources and mining, 51,100 employed in June 2007, up from 51,000 in May 2007; construction, 136,700, up from 136,100; manufacturing, 154,500, up from 153,700; trade, transportation, and utilities, 382,500, up from 382,200; information, 25,900, up from 25,800; financial activities, 97,000, up from 96,900; professional and business services, 199,000, down from 199,400; educational and health services, 246,900, up from 245,100; leisure and hospitality, 193,800, up from 192,400; other services, 69,200, up from 69,000; and government, 354,200, down from 354,300 last month.

For more detailed information on the June 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.

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.