News
Date:November 20, 2020
Contact:Media Relations @ (225) 342-3035

Nonfarm employment up 154,800 jobs since April 2020

BATON ROUGE – Preliminary data for October 2020 released today by the Bureau of Labor and Statistics (BLS) shows that, since September 2020, seasonally adjusted nonfarm employment increased by 21,500 jobs from 1,855,700 to 1,877,200. From October 2019, seasonally adjusted nonfarm employment decreased by 105,800 jobs.

Since the height of the pandemic in April 2020, Louisiana seasonally adjusted nonfarm employment has added 154,800 jobs.

Since September 2020, seasonally adjusted private sector employment increased by 25,100 jobs from 1,528,900 to 1,554,000 in October 2020. From October 2019, seasonally adjusted private sector employment decreased by 96,700 jobs.

Louisiana’s seasonally adjusted unemployment rate is 9.4 percent; up from October 2020’s revised seasonally adjusted unemployment rate of 8.0 percent.

Since September 2020, the number of seasonally adjusted employed individuals decreased by 16,712 from 1,931,379 to 1,914,667 in October 2020. Compared to October 2019, the number of seasonally adjusted employed individuals decreased by 78,655.

Since September 2020, the number of seasonally adjusted unemployed individuals increased by 30,895 from 167,815 to 198,710 in October 2020. Compared to October 2019, the number of seasonally adjusted unemployed individuals increased by 89,807.

"Louisiana has faced unprecedented hardships resulting from the pandemic and three recent hurricanes,”said Louisiana Workforce Commission Secretary Ava Dejoie. "But the data shows we have recovered approximately 65% of the jobs initially lost in April. With over 72,000 family-sustaining job postings recently added to our HIRE system, the continued strive for a full recovery remains our top priority”

Industries that showed the largest gains for seasonally adjusted jobs for October 2020:

• Construction gained 6,700 jobs from September 2020.

• Professional and Business Services gained 5,600 jobs from September 2020.

• Trade, Transportation, and Utilities gained 4,500 jobs from September 2020.

Among Louisiana’s MSAs in October 2020, seasonally adjusted data shows:

• Alexandria showed no change from September 2020, but lost 2,500 jobs from October 2019.

• Baton Rouge gained 6,900 jobs from September 2020, but lost 15,800 jobs from October 2019.

• Hammond gained 500 jobs from September 2020, but lost 2,100 jobs from October 2019.

• Houma gained 500 jobs from September 2020, but lost 4,500 jobs from October 2019.

• Lafayette lost 100 jobs from September 2020 and lost 11,200 jobs from October 2019.

• Lake Charles gained 2,500 jobs from September 2020, but lost 20,200 jobs from October 2019.

• Monroe lost 200 jobs from September 2020, but gained 600 jobs from October 2019.

• New Orleans gained 2,300 jobs from September 2020, but lost 56,300 jobs from October 2019.

• Shreveport gained 300 jobs from September 2020, but lost 9,200 jobs from October 2019.

Not Seasonally Adjusted Data

Since September 2020, not seasonally adjusted nonfarm employment increased by 29,300 jobs from 1,853,400 to 1,882,700 in October 2020. When compared to October 2019, not seasonally adjusted nonfarm employment decreased by 112,000 jobs.

Since September 2020, not seasonally adjusted private sector employment increased by 28,800 jobs from 1,525,900 to 1,554,700 in October 2020. When compared to October 2019, not seasonally adjusted private sector employment decreased by 102,800 jobs.

Louisiana’s not seasonally adjusted unemployment rate for October 2020 is 9.3 percent, an increase of 1.2 percentage points from September 2020’s revised not seasonally adjusted unemployment rate of 8.1 percent.

Since September 2020, the number of not seasonally adjusted employed individuals decreased by 6,331 from 1,927,373 to 1,921,042 in October 2020. When compared to October 2019, the number of not seasonally adjusted employed individuals decreased by 81,562.

Since September 2020, the number of not seasonally adjusted unemployed individuals increased by 27,527 from 169,723 to 197,250 in October 2020. When compared to October 2019, the number of not seasonally adjusted unemployed individuals increased by 91,406.

October metropolitan statistical area (MSA) and parish unemployment rates will be released on December 1, 2020. For additional state and MSA data release dates, please click here.

Seasonally Adjusted vs. Not Seasonally Adjusted Data

Jobs and employment trends data are often difficult to understand because there are two different ways to look at the data, seasonally or non-seasonally adjusted data.

Seasonal adjustment works to measure and remove the influences of predictable seasonal patterns to reveal how employment and unemployment figures change from month to month. Not seasonally adjusted data retains seasonal employment trends.

Over the course of a year, the labor force size, available jobs and employment rates undergo predictable fluctuations due to seasonal changes in weather, harvests, major holidays, and school schedules. Seasonal adjustment reduces the impact of these changes, making it easier to understand trends. Seasonally adjusted data is best utilized when comparing several months of employment and jobs data, while not seasonally adjusted data is best used to compare over-the-year trends. Seasonally adjusted data are useful for comparisons among states and the nation.

The Louisiana Workforce Commission primarily uses seasonally adjusted data because it provides a more useful and telling picture of Louisiana’s jobs and employment situation.

To view all available employment data, visit Louisiana’s employment homepage at http://www.laworks.net and select Labor Market Information from the top-right menu. Then, select LOIS (Louisiana Occupational Information System) and select Employment and Wage Data listed under Data Trends. To view the BLS Local Area Unemployment Statistics for the state, visit http://data.bls.gov/pdq/querytool.jsp?survey=la. For BLS nonfarm employment data, click here: http://data.bls.gov/pdq/querytool.jsp?survey=sm.

Data Considerations

All data published from the Bureau of Labor Statistics is preliminary and is subject to revision on a monthly, quarterly, and annual basis. Revised numbers for previous months are available from the BLS databases located on bls.gov. The revised numbers are available upon release of new data.

Resources for Employers and Job Seekers

Job-seekers can explore careers, apply for top-rated jobs and connect with local training providers using Louisiana Star Jobs, the LWC’s free career tool, at http://www.laworks.net/Stars/. Employers looking for workers should visit Louisiana’s employment homepage at http://www.laworks.net. Click on HiRE (Helping Individuals Reach Employment) and create an account allowing access to qualified job seekers.

About the Louisiana Workforce Commission

The Louisiana Workforce Commission is an agency of state government that administers programs designed to enhance workforce growth and provide family-sustaining jobs for Louisiana residents. The commission monitors employment, administers unemployment compensation and tax funds, provides training resources for employers and employees and oversees worker compensation benefits. The agency also gathers and supplies information on the labor market and occupational sectors in Louisiana.

Note: This revision date does not reflect the revision date of the press release shown. Press Release postings are updated as needed and should be considered accurate as shown.