BATON ROUGE – Based on figures released today by the Bureau of Labor and Statistics (BLS), data indicates that seasonally adjusted nonfarm jobs have increased over-the-year for the past 12 months.
As is shown, seasonally adjusted Louisiana nonfarm employment has increased by 19,900 jobs from September 2017 to 1,987,400. From August 2018, seasonally adjusted nonfarm employment added 100 jobs.
Among Louisiana’s Metropolitan Statistical Areas (MSAs), seasonally adjusted data showed the Shreveport MSA gained 200 jobs from September 2017 and 400 jobs from August 2018.
Seasonally adjusted total private sector employment increased by 22,500 jobs from September 2017 to 1,663,900. For the past 12 months, seasonally adjusted private sector employment has added jobs over-the-year. From August 2018, seasonally adjusted private sector employment increased by 300 jobs. Seasonally adjusted private sector employment has added jobs over the month in eight of the past ten months.
“The fact that Louisiana’s job market has added jobs over the year for the past twelve months, in addition to the nearly 20,000 residents who now have jobs compared to this time last year goes to show the confidence Louisiana residents have about re-entering the labor market and the direction the state is headed,” said Louisiana Workforce Commission (LWC) Secretary Ava Dejoie. “Our work at the LWC is never finished, and our agency will continue to utilize all of its resources to provide opportunities for the residents of Louisiana to re-enter the workforce and provide for themselves and their family.”
Industries that showed the largest gains for seasonally adjusted jobs:
• Construction gained 5,000 jobs from September 2017, but remained unchanged from August 2018.
• Education and Health Services gained 4,600 jobs from September 2017 and 600 jobs from August 2018.
• Other Services gained 2,700 jobs from September 2017, but remained unchanged from August 2018. The Other Services sector is tied for an employment record. Other Services includes industries engaged in activities such as equipment and machinery repair and services.
• Trade Transportation and Utilities gained 2,800 jobs from September 2017 and 800 jobs from August 2018.
• Leisure and Hospitality gained 400 jobs from September 2017 and 200 jobs from August 2018.
• Mining and Logging remained unchanged from September 2017, but gained 200 jobs from August 2018. The Mining and Logging sector has now had over-the-month gains in five of the past nine months.
The seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work increased by 9,054 from September 2017 to 2,122,612.
The number of seasonally adjusted employed individuals increased by 3,203 from September 2017 to 2,016,139. The number of seasonally adjusted unemployed individuals decreased by 333 from August 2018 to 106,473.
The seasonally adjusted unemployment rate remained unchanged from 5.0 percent from August 2018.