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Louisiana unemployment rate drops for the eighth straight month

BATON ROUGE, La. (WVLA) -  The Louisiana Workforce Commission said in a press release that the state unemployment rate has declined for the eighth straight month.

The Commission said Louisiana’s seasonally adjusted unemployment rate decreased to 4.6 percent in December of 2017.

LWC Public Affairs said, that compared to December 2016, the seasonally adjusted unemployment rate has decreased by 1.4 percentage points.

The last time the unemployment rate was lower was in March of 2008.

“While there remains room for improvement, we are pleased to see consistent declines in the state unemployment rate and continued over-the-year improvement in job opportunities,” said Ava Dejoie, Executive Director of the Louisiana Workforce Commission. “The increasing vitality of the state’s labor market is evidenced by every new hire, and we expect to see additional growth moving forward.”

The Louisiana Workforce Commission said that these industries showed the largest gains for seasonally adjusted jobs:

  • Construction gained 1,300 jobs for the month and is up 10,100 jobs for the year.
  • Manufacturing gained 1,100 jobs for the month and is up 1,400 jobs for the year.
  • Leisure and Hospitality gained 600 jobs for the month and is up 5,500 jobs for the year.
  • Education & Health Services gained 300 jobs for the month and is up 3,100 jobs for the year.

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