BATON ROUGE – Every parish in Louisiana had more people working in February 2010 as the state’s employment picture continues to improve, according to the Louisiana Workforce Commission (LWC).
From January to February, every metropolitan statistical area (MSA) and parish in Louisiana recorded an increase in employment, a decrease in the number of people unemployed, and a decrease in the unemployment rate.
The state experienced a seasonally adjusted increase of 3,000 nonfarm jobs over the month. Louisiana’s unemployment rate for February 2010 improved to 7.3 percent from the January revised rate of 7.4 percent. The February 2010 seasonally adjusted unemployment rate for the United States was 9.7 percent, unchanged from January.
Louisiana’s unemployment rate is tied for 13th lowest in the nation and is third lowest in the Southern region. The Southern region rate for February was 9.8 percent. Louisiana was one of only seven states in the nation with a rate decrease.
Louisiana’s civilian labor force - the number of people working or looking for work - for February 2010 was 2,081,410, a gain of 7,392 from January. The number of people employed in February increased by 10,056 to 1,930,162. The number of unemployed in Louisiana in February 2010 was 151,248, a decrease of 2,664 from January. Civilian labor force statistics are estimated from a residential-based sample survey by place of residence.
“For the first time in months, the size of the labor force, the number of people working and the number of people who are unemployed all moved in the right directions. Our labor force is growing, more people are working and the number of unemployed is down,” said Curt Eysink, LWC executive director. “In February, employers showed a growing need for labor and more people found jobs.”
Seasonally unadjusted unemployment rates-- used to compare parishes and MSAs in the state and nation – recorded significant decreases over the month, with the February 2010 unadjusted unemployment rate for Louisiana at 6.7 percent, down 1.5 percentage points from the revised January 2010 rate of 8.2 percent. The national unadjusted unemployment rate was 10.4 percent.
Five industry sectors recorded job gains for the month: leisure and hospitality, 198,700, up 3,800 jobs; construction, 127,600, up 2,000 workers since January; mining and logging, up 1,500; other services, 68,900, up 1,400; and information, up 100 with 24,600 jobs. Manufacturing held steady at 135,900 jobs. Industry sectors with job decreases were trade, transportation, and utilities, 362,800, down 2,400; education and health services, 271,500, down 1,400; government, 367,200, a decrease of 1,000; professional and business services, 192,600, down 600 jobs; and financial activities, 87,800, down 400 jobs. Nonfarm statistics are estimated from an employer-based sample survey by place of work.
For more detailed information on February 2010 employment data for Louisiana, visit our Web site at http://www.LAWORKS.net and select Labor Market Information from the top right-hand 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.
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