There were 95,397 job vacancies reported in the second quarter of 2007, resulting in a 5.1 percent vacancy rate compared to the 6.9 percent vacancy rate in the second quarter of 2006, according to the Louisiana Department of Laborís Job Vacancy Survey. The 2007 vacancy rate amounts to a decrease of 29,952 job vacancies over the second quarter of 2006. The second quarter consists of the months of April, May and June.
The Job Vacancy Survey identifies the number and types of jobs available in specific industries and regions of the state. The survey results provide a unique snapshot of the conditions in a given region and/or occupational labor market. Some of the highlights include:
The New Orleans region reported 35 percent of the job vacancies.
Other Services had the largest vacancy rate of 12.3 percent. This industry group consists of repair and maintenance; personal and laundry services; membership associations and organizations; and private households.
The Trade, Transportation, and Utilities industry sector, which includes occupations such as retail salespersons and truck drivers, had the largest number of job vacancies at 22,582.
Of the jobs reported vacant, 70 percent required a high school diploma or less, while 39 percent of the vacancies required no job experience.
Employers wanted experienced workers in 61 percent of the job vacancies reported.
The median hourly wage decreased by 55 cents when compared to the second quarter 2006 survey results.
Job vacancies median hourly wage for the 2007 second quarter pay ranges were:
$5.15 or less for 3.8 percent of the vacancies
$5.15 - $7.00 for 24.3 percent of the vacancies
$7.01 - $10.00 for 20.5 percent of the vacancies
$10.01 - $13.00 for 9.6 percent of the vacancies
$13.01 - $16.00 for 6.8 percent of the vacancies
More than $16.00 an hour for 35 percent of the vacancies
The top 10 openings were reported in the following occupations: retail salespersons; waiters and waitresses; truck drivers, heavy and tractor-trailer; cashiers; nursing aides, orderlies, and attendants; combined food preparation and servicing workers including fast food; stock clerks and order fillers; tellers; security guards; and automotive service technicians and mechanics.
Slightly more than 20 percent of the surveyed employers reported that finding qualified applicants and/or applicants with experience was their greatest difficulty in filling the job vacancies, while 10 percent stated that they had no difficulty in finding workers.
For more detailed information on the latest Job Vacancy Survey results for Louisiana and the eight Regional Labor Market Areas, visit our Web site at http://www.LAWORKS.net, select Labor Market Information from the left-side menu, then scroll down the page and select Job Vacancy Survey.
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.