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Louisiana unemployment rate drops to 4.9 percent

  // Tuesday, 18 March 2014 05:47 //

BATON ROUGE, La. (AP) - Louisiana set a record in January with 1,990,531 people employed, which helped lower the unemployment rate to 4.9 percent, state labor officials said.

According to seasonally adjusted data released Monday by the federal Bureau of Labor Statistics, the number of people employed in January was 25,787 higher than January 2013. Meanwhile, the number of unemployed was 102,476 or 29,310 fewer people not working than a year earlier, according to a BLS survey of 750 households.

Louisiana’s seasonally adjusted unemployment rate in January was the lowest since September 2008 and lowest in the 17-state southern region, where the average rate was 6.2 percent. The national unemployment rate in January was 6.6 percent.

It’s the fifth straight month unemployment has fallen in Louisiana.

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Metairie, Louisiana

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