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Friday, January 31, 2020

Baton Rouge metro added 7,700 jobs through December, unemployment rate up again - The Advocate

The Baton Rouge metro area gained 7,700 nonfarm jobs over the past 12 months through December. 

It was among four of Louisiana's nine metro areas that added nonfarm jobs over the year, according to preliminary U.S. Bureau of Labor and Statistics data that is not seasonally adjusted. Four metro areas lost jobs, while Alexandria was flat. 

Louisiana overall added 8,300 jobs, an increase of 0.4% to 1.9 million jobs. 

The Capital City metro area had 419,100 jobs and grew by 1.9%. 

Top gains were in leisure and hospitality, 3,100 jobs, an increase of 7.8%, while education and health services added 2,200 jobs. Baton Rouge also saw growth in trade, transportation and utilities, 200 jobs; federal, state and local government, 100; business and professional services, 1,500; manufacturing, 400; other services, 300; and financial services, 100 jobs. 

Notably, construction added 200 jobs, after largely being on the decline for the past year. 

Mining and logging, which includes the oil and gas industry, were flat. 

The information sector was down by 400 jobs.

The unemployment rate for Baton Rouge was 4.5% in December, up from 3.9% in December 2018. 

Statewide unemployment was up slightly to 4.9% from 4.4% a year ago. U.S. unemployment was 3.4%, down from 3.7% in December 2018. 

LAFAYETTE: The Acadiana region added 800 jobs over the year, an increase of 0.4%, to 205,800 jobs. There were job gains in manufacturing, 900; trade, transportation and utilities, 200; education and health services, 600; and federal, state and local government, 300. Business and professional services dropped by 700 jobs; mining and logging, 100; financial services, 100; construction, 300; and information, 100. The leisure and hospitality sector was flat. Unemployment in Lafayette was 4.9%, up from 4.3% in December 2018. 

NEW ORLEANS: The Crescent City added 11,900 jobs, an increase of 2.0%, through December to 597,000. Professional and business services added 6,300 jobs; education and health services, 2,500; construction, 300; leisure and hospitality, 3,800; other services, 400; and mining and logging, 300. Losses stemmed from trade, transportation and utilities, 1,200 jobs; information, 900; federal, state and local government, 200; and manufacturing, 600. Financial services was flat. The unemployment rate was 4.4%, up from 4.0% in December 2018. 

OTHER AREAS: Hammond added 1,000 jobs over the year to 47,000. Job losses were in Houma-Thibodaux, by 1,300 to 84,200; Shreveport-Bossier City, 2,900 to 178,400; Lake Charles 1,000 to 116,900; and Monroe, 600 to 78,600. Alexandria job growth was flat at 61,500.

Louisiana added 9,300 jobs over 12-month span through November

Louisiana's nonfarm employment grew 9,300 jobs over the past 12 months through November, a 0.5% increase driven by health services and education.

Baton Rouge metro area added 4,900 jobs, unemployment creeps up

The Baton Rouge metro area gained 4,900 jobs over the past 12 months through October. 

Doing the math: 1.2% growth rate equals 4,900 jobs in Baton Rouge chamber's forecast for 2020

The nine-parish Baton Rouge area is projected to gain 4,900 jobs next year, a 1.2% growth rate, an annual forecast from the Baton Rouge Area C…

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Baton Rouge metro added 7,700 jobs through December, unemployment rate up again - The Advocate
"jobs" - Google News
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