Louisiana employment sets another record in July

BATON ROUGE – The number of people employed in July set an all-time record for the month, based on Bureau of Labor and Statistics (BLS) information released today.

This comes on the heels of Louisiana setting an all-time employment record for the month of June. With a seasonally adjusted increase of 27,752 from July 2017, the total number of people now employed stands at 2,031,277. The number of seasonally adjusted unemployed individuals decreased by 832 from July 2017.

However, among Louisiana’s Metropolitan Statistical Areas (MSAs), seasonally adjusted data shows Shreveport lost 100 jobs from July 2017 and 300 jobs from June 2018.

Since July 2017, the seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work increased by 26,920 to 2,136,318. For the month of July, this is the third highest seasonally adjusted civilian labor force total.

Compared to July 2017, the seasonally adjusted unemployment rate decreased 0.1 percentage points to 4.9 percent. Historically speaking, this is the second lowest seasonally adjusted unemployment rate for the month of July.

From July 2017, the number of seasonally adjusted nonfarm jobs increased by 20,800 to 1,988,300. Seasonally adjusted nonfarm employment has added jobs over the year for the past ten months. From June 2018, seasonally adjusted nonfarm employment added 300 jobs. Seasonally adjusted nonfarm employment has added jobs over the month in six of the past eight months.

Since July 2017, seasonally adjusted private-sector employment increased by 23,500 jobs to 1,664,300. Seasonally adjusted private-sector employment has also added jobs over the year for the past ten months. From June 2018, seasonally adjusted private-sector employment gained 900 jobs. Seasonally adjusted private-sector employment has now added jobs over the month in eight of the past ten months.

“For the past two months, Louisiana has set multiple employment records as the labor force continues to strengthen and improve across a variety of sectors,” said Louisiana Workforce Commission (LWC) Secretary Ava Dejoie. “Our work however is never finished, and the LWC will continue to ensure to help every person in search of work, find an opportunity to provide for themselves and contribute to the state of Louisiana.” | Equal Opportunity Employer/Program | Auxiliary aids and services are available upon request to individuals with disabilities TDD# 800-259-5154 |

Industries that showed the largest gains for seasonally adjusted jobs:

Manufacturing gained 4,800 jobs for the year and 400 jobs for the month.

Trade, Transportation, and Utilities gained 1,800 jobs for the year and 1,800 jobs for the month.

Information gained 1,600 jobs for the year and 900 jobs for the month.

Construction gained 2,600 jobs for the year, but lost 400 jobs for the month.

Not seasonally adjusted nonfarm employment increased by 26,000 jobs from July 2017 to 1,980,200. This is the tenth straight over-the-year increase. Over the same time period, not seasonally adjusted private sector employment increased by 28,500 jobs. This is also the tenth straight over-the-year increase.

From July 2017, the number of not seasonally adjusted employed individuals increased by 17,084 to 2,033,470. From June 2018, the number of not seasonally adjusted employed people increased by 8,937. The number of not seasonally adjusted unemployed individuals decreased by 3,781 from June 2018.

The not seasonally adjusted civilian labor force, or the number of people of who employed in addition to those looking for work increased by 24,271 to 2,160,283 since July 2017. From June 2018, the not seasonally adjusted civilian labor force increased by 5,156.

The not seasonally adjusted unemployment rate decreased 0.2 percentage points from June 2018 to 5.9 percent.