BATON ROUGE – Seasonally adjusted nonfarm jobs in Louisiana grew by 33,700 workers between April 2007 and April 2008, bringing the total number of jobs in the state to 1,940,900, the Louisiana Department of Labor announced today. This represents a job gain of 600 from last month’s figure of 1,940,300. Nonfarm statistics are estimated from an employer-based survey by place of work.
Louisiana’s unemployment rate for April 2008 was 4.1 percent, down from the March 2008 revised rate of 4.5 percent and up slightly from the April 2007 revised rate of 4.0 percent. The April 2008 unemployment rate for the United States was 5.0 percent, a decrease from the month-ago figure of 5.1 percent.
Louisiana’s civilian labor force - the number of people working and looking for work - for April 2008 was 2,019,258, up from the March revised figure of 2,017,129. The number employed in April was 1,937,142, an increase from 1,925,804 in March. The number of unemployed in Louisiana in April 2008 decreased to 82,116 from 91,325 for the previous month. Civilian labor force statistics are estimated from a residential-based survey by place of residence.
Unadjusted unemployment rates compare parishes and metropolitan statistical areas (MSAs) to the state. The April 2008 unadjusted unemployment rate for Louisiana was 3.5 percent, down from the revised March 2008 rate of 4.3 percent. Lafourche Parish had the lowest unemployment rate of 2.4 percent in April 2008, while West Carroll Parish had the highest rate of 8.5 percent. Please see page two for the MSA rates.
The preliminary seasonally adjusted, statewide total nonfarm employment broken down by sector is as follows: natural resources and mining, 51,100 employed in April 2008, down from 51,700 in March 2008; construction, 136,700, down from 136,900; manufacturing, 158,000, down from 158,400; trade, transportation, and utilities, 383,300, down from 384,500; information, 26,600, down from 27,000; financial activities, 96,900, up from 96,800; professional and business services, 203,200, up from 202,600; educational and health services, 253,500, up from 251,800; leisure and hospitality, 199,500, up from 199,200; other services, 68,600, up from 68,400; and government, 363,500, up from 363,000.
The seasonally adjusted nonfarm job data show a gain of 600 jobs over the month, while the unadjusted data show a loss of 100 jobs. Historically, these are the smallest employment changes for the state for the month of April. A review of industry sectors shows that no single event is responsible for the low job growth figures. All of the goods producing sectors (mining, construction and manufacturing) lost employment over the month while some of the service providing sectors added jobs, largely offsetting each other.
Half of the MSAs lost nonfarm employment over the month while the rest had small gains. Total nonfarm employment by MSA changed 0.6 percent or less in every area over the month. The New Orleans MSA lost 300 nonfarm jobs from March to April 2008, including 100 jobs in goods producing industries. This is the first nonfarm, March-to April job loss since 2005. No single event appears to have been responsible for the drop.
For more detailed information on April 2008 employment data for Louisiana, visit our Web site at http://www.LAWORKS.net and select Labor Market Information from the left-side menu.
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.