Not seasonally adjusted unemployment for Shreveport drops in February 2019

BATON ROUGE – Data released by the Bureau of Labor and Statistics (BLS) shows that February 2019 not seasonally adjusted nonfarm employment increased by 5,600 jobs to 1,971,100 from February 2018.

This is the twelfth straight over-the-year increase for not seasonally adjusted nonfarm employment. From January 2019, not seasonally adjusted nonfarm employment increased by 8,900 jobs.

Not-seasonally adjusted February 2019 unemployment rates for the Shreveport metropolitan statistical area was 4.7 percent, down from 5.4 percent in January, but up from 4.6 percent from February 2018.

February 2019 not seasonally adjusted private sector employment increased by 4,600 jobs from February 2018. This is also the twelfth straight over-the-year increase for not seasonally adjusted private sector employment. From January 2019, not seasonally adjusted private sector employment increased by 4,000 jobs to 1,641,400.

Not seasonally adjusted unemployed individuals decreased by 15,425 from January 2019 to 92,074.The number of not seasonally adjusted employed individuals increased by 20,240 from January 2019 to 1,994,523.

The not seasonally adjusted unemployment rate decreased from 5.2 percent to 4.4 percent from January 2019.

Data released today by BLS for February 2019 shows every Louisiana metropolitan statistical area (MSA) saw a decline in their unemployment rate from January 2019. Each MSA dropped by at least 0.6 percentage points in their unemployment rates from January 2019.

Previous articleInitial unemployment insurance claims drop for week ending Mar. 23
Next articleWaguespack: Lessons from our Founding Fathers