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Louisiana Workforce Commission
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Not Seasonally Adjusted Unemployment Rate Down Full Percentage Point; Unemployment in All Metro Areas Down

For Release On:

November 28, 2017

BATON ROUGE – Louisiana’s not seasonally adjusted unemployment rate for October dropped to 4.3 percent. This figure is a full percentage point lower from September’s rate of 5.3 percent. Compared to the same time last year, Louisiana’s not seasonally adjusted unemployment rate is 1.6 percent lower. May 2008 was the last time the not seasonally adjusted unemployment rate was this low.

Not seasonally adjusted nonfarm employment increased to 1,992,000 for October. Not seasonally adjusted private-sector employment increased to 1,667,900 for October. Monthly data that is not seasonally adjusted does not minimize the changes in any time series which result from normal annual occurrences such as Christmas, summer vacations and weather patterns.

The not seasonally adjusted civilian labor force increased to 2,009,107. This figure represents the number of people who are employed, in addition to those looking for work.

“Non-seasonally adjusted data shows that Louisiana gained more than 11,000 jobs,” said Ava Dejoie, Executive Director of the Louisiana Workforce Commission.

Unemployment rates declined in all LA metro areas for the 2nd straight month. Not-seasonally adjusted October unemployment rates for the nine metropolitan statistical areas (MSAs) are as follows:

  • Alexandria: 4.6 percent, down from 5.8 percent in September and down from 6.1 percent in October 2016.
  • Baton Rouge: 3.7 percent, down from 4.5 percent in September and down from 5.1 percent in October 2016.
  • Hammond: 4.5 percent, down from 5.8 percent in September and down from 6.3 percent in October 2016.
  • Houma: 4.5 percent, down from 5.5 percent in September and down from 6.6 percent in October 2016.
  • Lafayette: 4.6 percent, down from 5.6 percent in September and down from 6.9 percent in October 2016.
  • Lake Charles: 3.3 percent, down from 4.2 percent in September and down from 4.5 percent in October 2016.
  • Monroe: 4.4 percent, down from 5.4 percent in September and down from 5.9 percent in October 2016.
  • New Orleans: 4.1 percent, down from 5.0 percent in September and down from 5.4 percent in October 2016.
  • Shreveport: 4.7 percent, down from 5.6 percent in September and down from 6.4 percent in October 2016.

To view all available employment data, visit Louisiana’s employment homepage at www.laworks.net and select Labor Market Information from the top-right menu.


 
Original Press Release http://www.laworks.net&#x 2f;PublicRelations/PR_PressReleaseD etails.asp?SeqNo=2183&Year =2017&Month=11

Republished by LOUISIANA NEWS | www.louisiana.gov