Friday, 20 October 2017 19:39

Louisiana Governor John Bel Edwards crows about reduced unemployment rate

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On the heels of an improving economy locally and nationally, Governor John Bel Edwards had some good news to promote--joblessness.

ere is a press release from his office:

Gov. John Bel Edwards issued the following statement on the positive jobs numbers released by the Louisiana Workforce Commission (LWC) for September 2017. The latest report found that Louisiana’s unemployment rate decreased for the fifth consecutive month to 5.1 percent, a figure down 0.1 percent from the previous month. Since Gov. Edwards took office in January of 2016, the unemployment rate has dropped from 6.2 percent to 5.1. Among all states, Louisiana's unemployment rate was ranked 48th in July and is now ranked 43rd in September, jumping five spots in two months.

“You’d have the wind the clock back to 2008—that’s about nine years ago—to see an unemployment rate this low in Louisiana,” said Gov. Edwards. “Obviously that is great news for the people of our state, but I know that Louisianans want a good, lasting career, not just a job they can do to get by. That’s the priority I have set and it’s what I’ve directed our Louisiana Workforce Commission to work toward. We still have a lot of areas to improve, and this is by no means mission accomplished, but it further illustrates that Louisiana’s economy is rebounding.”

Over the past 12-month period, Louisiana added 14,700 nonfarm jobs, bringing the total to 1,980,400. Nonfarm jobs have posted over-the-year gains for five consecutive months. Seasonally adjusted private employment rose by 20,600 jobs over the same time period.

Read 2472 times Last modified on Friday, 20 October 2017 19:47
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