Louisiana Unemployment Rate Lowest In Recorded History

In this day and age, we'll take good news from where we can get it.  According to the Louisiana Workforce Commission, new stats released from the Bureau of Labor Statistics, a not seasonally adjusted unemployment rate for April 22 of 3.5 percent is the lowest rate recorded in the series history, dating back to 1976.

According to the report:

Louisiana has also gained 200,600 jobs in seasonally adjusted nonfarm employment since April 2020 and has gained over-the-year for 13 consecutive months. The state’s seasonally adjusted total nonfarm employment for April 2022 is 1,910,100 jobs, a gain of 3,600 jobs from the revised March 2022 estimate of 1,906,500 jobs. When compared to April 2021, seasonally adjusted total nonfarm employment increased by 45,500 jobs.

Major industries showing some of the largest gains include:

Leisure and Hospitality gained 2,500 jobs from March 2022.

Education and Health Services gained 1,800 jobs from March 2022.

Other Services gained 1,500 jobs from March 2022.

Get our free mobile app

Major industries that showed the largest gains for seasonally adjusted jobs over the year:

Leisure and Hospitality gained 16,600 jobs from April 2021.

Professional and Business Services gained 10,100 jobs from April 2021.

Construction gained 6,900 jobs from April 2021.

Shreveport who recorded 175,600 jobs, added 500 jobs from March 2022, and gained 5,700 jobs from April 2021.  Not Seasonally Adjusted Data

According to the Louisiana Workforce Commission website:

The Louisiana Workforce Commission is an agency of state government that administers programs designed to enhance workforce growth and provide family-sustaining jobs for Louisiana residents. The commission monitors employment, administers unemployment compensation and tax funds, provides training resources for employers and employees and oversees worker compensation benefits. The agency also gathers and supplies information on the labor market and occupational sectors in Louisiana.