Unemployment rate declines in the Shreveport metropolitan area

BATON ROUGE – From July 2018, all nine metropolitan statistical areas (MSAs) saw declines in their not seasonally adjusted unemployment rates.

From August 2017, six of the nine MSAs saw declines in their not seasonally adjusted unemployment rates.

Shreveport’s unemployment dropped to 5.9 percent, down from 6.2 percent in July and down from 6 percent from August 2017.

The statewide not seasonally adjusted unemployment rate declined 0.4 percentage points from July 2018 to 5.5 percent. The not seasonally adjusted unemployment rate decreased 0.1 percentage points from August 2017.

From August 2017, the total of not seasonally adjusted nonfarm jobs increased by 16,600 to 1,978,200. This is the eleventh-straight not seasonally adjusted nonfarm over-the-year increase. From July 2018, the number of not seasonally adjusted nonfarm jobs increased by 600.

Not seasonally adjusted private-sector employment increased by 19,100 jobs from August 2017 to 1,664,500. This is also the eleventh-straight month not seasonally adjusted private-sector employment has added jobs over the year.