News
Date:April 26, 2019
Contact:LWC Public Affairs @ (225) 342-3035

Not seasonally adjusted unemployment rate is lowest since February 2008

BATON ROUGE – Based on Bureau of Labor and Statistics information released for March 2019, Louisiana’s not seasonally adjusted unemployment rate decreased 0.5 percentage points from February 2019 to 3.9 percent. This is the lowest not seasonally adjusted unemployment rate since February 2008. The over-the-month drop was tied for the seventh largest drop of not seasonally adjusted unemployment rates in the country. Compared to March 2018, the not seasonally adjusted unemployment rate decreased 0.7 percentage points. The over-the-year drop was tied for the sixth largest drop in the country.

The number of not seasonally adjusted unemployed individuals decreased by 11,409 from February 2019 to March 2019. From March 2018, the number of not seasonally adjusted unemployed individuals decreased by 16,402 to 80,506. This is the lowest number of not seasonally adjusted unemployed individuals since April 2008.

Not seasonally adjusted employed individuals increased by 14,432 from February 2019 to March 2019. From March 2018, the number of not seasonally adjusted employed individuals increased by 2,487 to 2,009,895.

The not seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work, increased by 3,023 to 2,090,401 from February 2019 to March 2019.

All nine not seasonally adjusted March 2019 metropolitan statistical areas (MSAs) unemployment rates for Louisiana decreased both over-the-month and over-the-year. 63 out of Louisiana’s 64 parishes saw an over-the-year decline in their not seasonally adjusted unemployment rates. This is the second consecutive month Louisiana’s nine MSAs have declined over-the-month. Not seasonally adjusted March 2019 unemployment rates for the nine MSAs are as follows:

• Alexandria: 4.2 percent, down from 4.8 percent in February and down from 5.1 percent from March 2018.

• Baton Rouge: 3.4 percent, down from 4.0 percent in February and down from 4.0 percent from March 2018.

• Hammond: 4.3 percent, down from 5.0 percent in February and down from 5.1 percent from March 2018.

• Houma: 3.8 percent, down from 4.4 percent in February and down from 4.7 percent from March 2018.

• Lafayette: 3.8 percent, down from 4.4 percent in February and down from 4.8 percent from March 2018.

• Lake Charles: 3.1 percent, down from 3.5 percent in February and down from 3.6 percent from March 2018.

• Monroe: 4.4 percent, down from 5.0 percent in February and down from 5.0 percent from March 2018.

• New Orleans: 3.6 percent, down from 4.1 percent in February and down from 4.3 percent from March 2018.

• Shreveport: 4.1 percent, down from 4.7 percent in February and down from 4.9 percent from March 2018.

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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