News
Date:July 7, 2009
Contact:Public Relations @ (225) 342-3035

Fourth Quarter 2008 Employment and Wages Released

BATON ROUGE— The number of jobs in Louisiana during the fourth quarter of 2008 was up by 8,528 over the fourth quarter of 2007, according to the “Louisiana Employment and Wages – Fourth Quarter 2008” report released today by the Louisiana Workforce Commission (LWC).

The average quarterly employment for Louisiana during the fourth quarter of 2008 was 1,903,858, an increase of 0.4 percent from the fourth quarter of 2007, and an increase of 1.3 percent from the third quarter of 2008. Employment increased in 12 of the 20 NAICS sectors from the fourth quarter 2007.

Total wages increased 6.4 percent from the same period in 2007, and increased 11.1 percent from the third quarter of 2008. The average weekly wage for fourth quarter 2008 was $829.

“Quarterly data like this makes Louisiana’s strong labor market performance stand out sharply against the backdrop of a country that has been in recession,” LWC Executive Director Tim Barfield said. “We have experienced greater pressure from the national economy in 2009, but a strong 2008 has helped to delay and, we hope, minimize the effects of that pressure.”

This report is based on quarterly tax returns from all employers covered by unemployment insurance and consists of a listing by parish the total number of units, number employed, total wages earned, and average weekly wage in the following sectors: agriculture, forestry, fishing, and hunting; mining; construction; manufacturing; utilities; wholesale trade; retail trade; transportation and warehousing; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; other services; and public administration.

Employers seeking plant sites can use the report to compare employment and quarterly wages paid by industry in potential locations. 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 the Excel files for the Fourth Quarter 2008 Report go to our Web site at http://www.laworks.net, select Labor Market Information, scroll down the page and select Quarterly Census of Employment and Wages. For additional labor market information contact 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.