Louisiana Unemployment Rate Sits at 4.9 %

Published 03/17 2014 07:34PM

Updated 03/17 2014 07:36PM

Baton Rouge -- Louisiana set a record in January with 1,990,531 people employed, which helped lower the
unemployment rate to 4.9 percent, according to seasonally adjusted data from the federal Bureau of Labor Statistics.

The number of people employed in January was 25,787 higher than January 2013. Meanwhile, the number of unemployed was 102,476; 29,310 fewer than a year earlier, according to a BLS survey of 750 households.

Louisiana’s seasonally adjusted unemployment rate in January was the lowest since September 2008 and lowest in the 17-state southern region, where the average rate was 6.2 percent. The national unemployment rate in January was 6.6 percent.

“2014 is picking up right where 2013 left off,” said Curt Eysink, executive director of the Louisiana Workforce Commission. “Our labor markets are strong and we expect employment will continue to increase as billions of dollars of new projects ramp up during the next three or four years.”

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