Louisiana unemployment at lowest rate in eleven years

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BATON ROUGE, La. (NBC Local 33) (FOX 44) — Louisiana’s seasonally adjusted unemployment rate remains at 4.3 percent for the fifth straight month, marking the lowest since April 2008. The state gained 4,800 non-farm jobs since July and 1,000 non-farm jobs since August 2018.

This is the 18th straight month that seasonally adjusted private sector employment has added jobs over the year, according to the Louisiana Workforce Commission. The industries showing the largest gains are education and health services.

Baton Rouge gained 1,800 jobs from August 2018 and 2,000 jobs from July 2019.

The LWC cites private sector opportunities as the driving force behind the state’s continued low unemployment rate.

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