BATON ROUGE – Based on Bureau of Labor and Statistics (BLS) data released on Friday, January 18, Louisiana’s not seasonally adjusted unemployment rate decreased by 0.2 percentage points from November 2018 to 4.3 percent. As it stands, the 2018 not seasonally adjusted unemployment rate annual average is 4.8 percent. When compared to other historical not-seasonally adjusted unemployment rate annual averages, this is Louisiana’s 3rd lowest annual average in the series history.
The annual average unemployment rate can be derived only from not seasonally adjusted unemployment rate data. Seasonal adjustments incorporate seasonal employment patterns that are not appropriate when annualizing unemployment rates.
The number of not seasonally adjusted unemployed individuals decreased by 3,938 from November 2018 to 90,463.
Not-seasonally adjusted December unemployment rates for the nine metropolitan statistical areas (MSAs) are as follows:
• Alexandria: 4.9 percent, down from 5.0 percent in November, but up from 4.5 percent from December 2017.
• Baton Rouge: 3.9 percent, down from 4.0 percent in November, but up from 3.5 percent from December 2017.
• Hammond: 4.9 percent, unchanged from 4.9 percent in November, but up from 4.4 percent from December 2017.
• Houma: 4.2 percent, down from 4.5 percent in November, but unchanged from 4.2 percent from December 2017.
• Lafayette: 4.3 percent, down from 4.5 percent in November, but up from 4.2 percent from December 2017.
• Lake Charles: 3.3 percent, down from 3.4 percent in November, but up from 3.2 percent from December 2017.
• Monroe: 4.9 percent, down from 5.0 percent in November, but up from 4.2 percent from December 2017.
• New Orleans: 3.9 percent, down from 4.2 percent in November, but up from 3.7 percent from December 2017.
• Shreveport: 4.7 percent, down from 4.9 percent in November, but up from 4.3 percent from December 2017.
Please note that this will be the last employment release on 2018 data. Benchmarked January 2019 data will be published on March 11, 2019. For a full listing of all Louisiana Workforce Commission (LWC) future release dates, please click here.
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 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.
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