Louisiana Unemployment Rate is at 3.80%, compared to 4.00% last month and 5.80% last year. This is lower than the long term average of 6.93%.
Is unemployment high in Louisiana?
(Stacker) – Unemployment rates, while significantly lower than the alarming pandemic peak of 14.7% experienced in April 2020, remain a subject of concern, notably as economic experts bandy around the idea of a potential recession by 2023.
How many people in Louisiana are employed?
Total employment reached a seasonally-adjusted level of 1,943,329 in August 2020, down from 1,998,536 in August 2019. The latest seasonally adjusted nonfarm employment data showed that the state reached 1,855,800 employed in August 2020, a decrease of 130,400 jobs since August 2019.
Which states have the most unemployed?
In general, the current unemployment rates in the states are lower than they were in 2018, with only a few exceptions. Alaska has the highest unemployment rate of 6.10%. This, however, is lower than its 2018 unemployment rate of 7.30%.
Unemployment Rate by State 2022.
| State | Unemployment Rate |
|---|---|
| Connecticut | 4.40% |
| Michigan | 4.30% |
| Texas | 4.30% |
| Hawaii | 4.20% |
How many jobs are available in Louisiana?
In Louisiana, an estimated 131,000 jobs remain unfilled, up 36.5% from the same period last year and equal to 6.6% of all jobs in the state, in line with the share of unfilled jobs nationwide.
Where does Louisiana rank in economy?
#47
Louisiana Rankings
| Health Care | #46 |
|---|---|
| Education | #48 |
| Economy | #47 |
| Infrastructure | #47 |
| Opportunity | #48 |
What is the unemployment rate in New Orleans?
New Orleans-Metairie-Kenner, LA
| Data Series | Jan 2022 | Feb 2022 |
|---|---|---|
| Unemployment Rate(2) | 4.9 | 4.5 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 546.1 | 550.9 |
| 12-month % change | 3.1 | 3.3 |
Is Louisiana a low income state?
Lousiana is the second-poorest state in the country, with 17.4% of its population at or below the poverty line. Louisiana also has the second-highest rate of childhood poverty, with 26.8% of its children living at or below the poverty line. Louisiana’s median household income is $50,935, the third-lowest in the nation.
What is the whitest Parish in Louisiana?
Louisiana White Population Percentage by County
| County | Value |
|---|---|
| Jefferson Davis Parish | 79.9 |
| Jefferson Parish | 65.3 |
| La Salle Parish | 85.1 |
| Lafayette Parish | 69.3 |
How much is the average income in Louisiana?
$50,800
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 25.8 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $50,800 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $29,522 |
What state has the most job opportunities 2022?
States with the Highest Employment Rates
- South Carolina. South Carolina has the highest employment rate in the United States of 97.7% (an unemployment rate of 2.3%).
- Utah. Utah is tied with South Carolina for the highest employment rate of 97.7%.
- Vermont.
- North Dakota.
- Colorado.
- Alaska.
- Mississippi.
- District of Columbia.
What state in the US has the lowest unemployment rate?
Minnesota
Unemployment Minnesota had the lowest jobless rate in June, 1.8 percent, closely followed by Nebraska, 1.9 percent. The next lowest rates were in New Hampshire and Utah, 2.0 percent each.
Which states have the most job growth?
Job growth is reported each month as part of the Bureau of Labor Statistics’ Employment Situation Summary.
Here are the 10 states with the largest change in jobs:
- Nevada (1.03%)
- Utah (1.03%)
- Washington (1.03%)
- Idaho (1.03%)
- Florida (1.03%)
- Texas (1.03%)
- Arizona (1.03%)
- New Mexico (1.02%)
What is the problem with unemployment rate?
Limitations of the Unemployment Rate Measurement
Discouraged workers – those who want a job but have given up looking and therefore do not fall within the definition of the labor force. These persons tend to make the reported unemployment rate lower than it otherwise would be.
What is Louisiana’s economy?
Overview of the Louisiana Economy
Louisiana’s gross state product (GSP) in 2019 reached $240.5bn, with growth of 0.6% over the 5-years to 2019. Businesses in Louisiana employed a total of 24.2 million in 2018, with average annual employment growth of 2.6%.
What are 5 interesting facts about Louisiana?
State Seal
- 1 Louisiana is the only state in the country with “parishes” instead of counties.
- 2 Louisiana is named after King Louis XIV of France.
- 3 Mardi Gras, in New Orleans, Louisiana, is a world famous event.
- 4 Louisiana is home to a large population of Cajuns.
What is the richest town in Louisiana?
With a median household income of $89,038 and around 6% off all households making over $200,000, Youngsville, near Lafayette, was chosen the wealthiest area of Louisiana. Here are some other statistics that combined to make Youngsville Number 1.
Is Louisiana sinking?
Although sea-level rise is a major factor in Louisiana’s disappearing coast, even if sea-levels remained stable, Louisiana would still be sinking. After a destructive flood in 1927, Louisiana began building levees along the Mississippi River to protect communities in case of another flood.
Why is Louisiana ranked so low?
Our economy is not diversified enough to withstand big fluctuations in the price of fossil fuels. Nearly a quarter of our high school students don’t graduate, we rank 49th in the percentage of college graduates, and our education spending has been frozen for most of the past decade.
What is New Orleans main source of income?
Tourism still remains one of the top revenue generators and contributes almost 43% of the city’s sales taxes paid by visitors. Tourism largely led the post-Katrina economic recovery and brings in an average of $9 billion per year.
How much does it cost to live in New Orleans?
Summary about cost of living in New Orleans, LA, United States: Family of four estimated monthly costs are 3,794$ without rent. A single person estimated monthly costs are 1,065$ without rent. New Orleans is 22.16% less expensive than New York (without rent).