News
Date:March 13, 2008
Contact:Public Relations @ (225) 342-3035

Nonfarm Job Growth Continues Over the Year

BATON ROUGE – Seasonally adjusted nonfarm jobs in Louisiana grew by 44,900 workers between January 2007 and January 2008, bringing the total number of jobs in the state to 1,941,300, the Louisiana Department of Labor announced today.

Louisiana’s unemployment rate for January 2008 was 4.0 percent, unchanged from the December 2007 revised rate but up slightly from the revised January 2007 rate of 3.8 percent. The January 2008 unemployment rate for the United States was 4.9, a decrease from the month-ago figure of 5.0 percent.

Louisiana’s civilian labor force – the number of people working or looking for work – for January 2008 was 2,012,710, down from 2,016,988 for a revised December 2007 figure. The number of employed in January was 1,932,867, a decrease from 1,937,093 in December. The number of unemployed in Louisiana for January 2008 dipped slightly to 79,843 from 79,895 in December 2007.

Unadjusted unemployment rates compare parishes and metropolitan statistical areas (MSAs) to the state. The January 2008 unadjusted unemployment rate for Louisiana was 4.6 percent, up from the revised December 2007 rate of 3.8 percent. The unemployment rates for the MSAs were: Alexandria, 4.5 percent, up from 3.8 percent in December 2007; Baton Rouge, 4.5 percent, up from the December rate of 3.7; Houma, 3.4, up from 2.6; Lafayette, 3.4, up from 2.7; Lake Charles, 4.8, up from 3.8; Monroe, 5.2, up from 4.4 in December; New Orleans, 4.1, up from 3.3; and Shreveport-Bossier City, 5.2, up from December’s rate of 4.3. Lafayette Parish had the lowest unemployment rate of 3.3 percent in January 2008, while West Carroll Parish had the highest rate of 12.0 percent.

Preliminary seasonally adjusted statewide total nonfarm employment for January 2008 was 1,941,300 compared to 1,940,800 for the revised December 2007 figure, a decrease of 500 jobs over the month. The sector breakdown was as follows: natural resources and mining, 51,500 employed in January 2008, up from 51,100 in December 2007; construction, 136,600, up from 135,400; manufacturing, 160,600, up from 159,300; trade, transportation, and utilities, 384,200,down from 385,800; information, 26,700, up 100 from the previous month; financial activities, 96,800, down from 97,100; professional and business services, 202,500, up from 202,400; educational and health services, 250,200, down from 250,500; leisure and hospitality, 199,400, up from 198,300; other services, 67,800, down from 68,900; and government, 365,000, up 100 over the month.

For more detailed information on January 2008 employment data for Louisiana, visit our Web site at http://www.LAWORKS.net and select Labor Market Information from the left-side menu. Then select Monthly Employment Bulletin – Workforce At A Glance or Monthly Employment Statistics Press Release for the latest monthly nonfarm and labor force data.

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.