News - Details
Date:December 18, 2020
Contact:LWC Public Affairs @ (225) 342-3035

Unemployment rate drops 1.1%, state adds 18,500 jobs from October

BATON ROUGE – Preliminary data for November 2020 released today by the Bureau of Labor and Statistics (BLS) shows that, since October 2020, seasonally adjusted nonfarm employment increased by 18,500 jobs from 1,879,100 to 1,897,600. From November 2019, seasonally adjusted nonfarm employment decreased by 90,200 jobs.

Since the height of the pandemic in April 2020, Louisiana seasonally adjusted nonfarm employment has added 175,200 jobs.

Since October 2020, seasonally adjusted private sector employment increased by 19,900 jobs from 1,555,800 to 1,575,700 in November 2020. From November 2019, seasonally adjusted private sector employment decreased by 79,900 jobs.

Louisiana’s seasonally adjusted unemployment rate for November 2020 is 8.3 percent; down from October 2020’s revised rate of 9.4 percent. The November 2019 rate is 5.2 percent.

Since October 2020, the number of seasonally adjusted employed individuals increased by 2,191 from 1,915,007 to 1,917,198 in November 2020. Compared to November 2019, the number of seasonally adjusted employed individuals decreased by 76,049.

Since October 2020, the number of seasonally adjusted unemployed individuals decreased by 23,610 from 197,580 to 173,970 in November 2020. Compared to November 2019, the number of seasonally adjusted unemployed individuals increased by 64,639.

"With over 175,000 jobs recovered from the impact of COVID-19, Louisiana is well on the road to economic recovery.” said Louisiana Workforce Commission Secretary Ava Dejoie. "The job gains in southwest and central Louisiana following the recent hurricanes show the resiliency of the people of this state. This agency remains committed to helping Louisianans get back to work.”

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

• Alexandria gained 500 jobs from October 2020, but lost 2,000 jobs from November 2019.

• Baton Rouge gained 400 jobs from October 2020, but lost 16,000 jobs from November 2019.

• Hammond showed no change from October 2020, but lost 2,300 jobs from November 2019.

• Houma gained 3,000 jobs from October 2020, but lost 1,400 jobs from November 2019.

• Lafayette gained 800 jobs from October 2020, but lost 9,200 jobs from November 2019.

• Lake Charles gained 5,300 jobs from October 2020, but lost 14,400 jobs from November 2019.

• Monroe gained 500 jobs from October 2020 and gained 1,200 jobs from November 2019.

• New Orleans gained 10,000 jobs from October 2020, but lost 47,700 jobs from November 2019.

• Shreveport gained 1,900 jobs from October 2020, but lost 7,400 jobs from November 2019.

Not Seasonally Adjusted Data

Since October 2020, not seasonally adjusted nonfarm employment increased by 23,900 jobs from 1,884,500 to 1,908,400 in November 2020. When compared to November 2019, not seasonally adjusted nonfarm employment decreased by 97,900 jobs.

Since October 2020, not seasonally adjusted private sector employment increased by 23,700 jobs from 1,556,400 to 1,580,100 in November 2020. When compared to November 2019, not seasonally adjusted private sector employment decreased by 87,600 jobs.

Louisiana’s not seasonally adjusted unemployment rate for November 2020 is 8.1 percent, a decrease of 1.1 percentage points from October 2020’s revised not seasonally adjusted unemployment rate of 9.2 percent. The November 2019 rate is 5.0 percent.

Since October 2020, the number of not seasonally adjusted employed individuals increased by 4,040 from 1,921,088 to 1,925,128 in November 2020. When compared to November 2019, the number of not seasonally adjusted employed individuals decreased by 79,783.

Since October 2020, the number of not seasonally adjusted unemployed individuals decreased by 26,382 from 195,730 to 169,348 in November 2020. When compared to November 2019, the number of not seasonally adjusted unemployed individuals increased by 64,632.

November metropolitan statistical area (MSA) and parish unemployment rates will be released on December 29, 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.

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