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BATON ROUGE — Louisiana set all-time highs in August for total nonfarm employment and for private sector employment, according to federal Bureau of Labor Statistics seasonally adjusted data released today.
Total nonfarm employment was 1,958,600 in August, an increase of 38,900 over the year, up 2.0 percent. It was the largest total nonfarm employment on record, exceeding the previous high set in July 2005 shortly before Hurricane Katrina. Over-the-month, Louisiana’s total nonfarm employment rose 0.7 percent, second best in the nation, trailing only Nevada.
Also in August, Louisiana set a record for private sector jobs at 1,613,900. The private sector added 44,000 jobs in the 12 months that ended in August, a growth rate of 2.8 percent. The previous record for total private sector employment was set in May of this year.
August marked the 36th consecutive month in which Louisiana’s private sector employers added jobs over the year.
“These numbers are great news for Louisiana and continue to reflect the growth we hear about from employers across industries and in many parts of the state,” said Louisiana Workforce Commission Executive Director Curt Eysink.
The BLS calculates total nonfarm and private sector employment using a survey of 6,000 employers throughout the state and across industries. Sectors which added the most jobs over the year were trade, transportation, and utilities, up 12,100; leisure and hospitality, up 11,000; and construction, up 10,600. The biggest over-the-year declines were in government which includes federal, state and local, down 5,100; and other services, down 1,000 over the year.
Louisiana’s unemployment rate in August was 7.0 percent, unchanged from the previous two months and up 0.6 percent from a year ago. The national seasonally adjusted rate for August was 7.3 percent, down 0.1 percent from July and down 0.8 percent over the year. The southern regional rate in August was 7.2 percent, down 0.1 percent from the previous month and down 0.5 percent over the year.
The BLS uses a separate, smaller survey of about 750 households to calculate the unemployment rate as well as the civilian labor force data.
The civilian labor force—defined as the total number of people working plus those looking for work—was 2,086,322 in August, up 4,756 over the year. The number of employed was 1,940,319, a decrease of 8,733 over the year. The number of unemployed in August was 146,003, an increase of 13,489 over the year.
Employers looking for workers should visit Louisiana’s employment homepage at www.laworks.net and create a HiRE account which will provide access to qualified job seekers. Individuals looking for jobs in high-value careers should go to Louisiana Star Jobs, the LWC’s free job search tool, at www.laworks.net/stars.
A mobile version of Louisiana Star Jobs is now available at m.laworks.net.
The BLS will release more detailed employment data, including not seasonally adjusted information for the state’s eight metropolitan areas, and parishes on Thursday, Sept. 26, 2013.
For more detailed information on the August 2013 employment data for Louisiana, visit Louisiana’s employment homepage at http://www.laworks.net and select Labor Market Information from the top right-hand menu. Then select LOIS (Louisiana Occupational Information System) and select Employment and Wage Data listed under Historical Data Analysis.
To view the BLS nonfarm estimates for the state, click here: http://data.bls.gov/pdq/querytool.jsp?survey=la
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