Economic Development

Only six Louisiana parishes saw their average wage top the national average in the third quarter of 2022, reports The Daily Advertiser, but nearly every parish saw wages increase from the previous quarter.

There is a mystery afoot in the current job market: Eager candidates apply for a job, and then hear nothing, but the position’s listing stays online for months afterward.

Unemployment in Baton Rouge and across the state ticked up in January from December but was still lower than in January 2022.

Performance Contractors Inc. has been named Contractor of the Year by Associated Builders and Contractors.

BRAF membership reached a five-year high of nearly 500 last year, CEO and President Chris Meyer told donors and members at its annual meeting Thursday night. 

ExxonMobil has partnered with the Louisiana Stormwater Coalition to fund three new anti-blight initiatives—including a new minigrant program—in north Baton Rouge, the organizations announced Thursday. 

Entergy Louisiana today announced it has filed a request with the Louisiana Public Service Commission to add an additional 3 gigawatts of solar power generation to its capacity.

Blue Cross and Blue Shield of Louisiana’s pending sale to Elevance Health, if approved, will not lead to layoffs or office closures, says Dr. Steven Udvarhelyi, the local company’s president and CEO. 

Entrepreneurs across the state will have the opportunity to apply for venture capital funding and business development resources as part of a new startup accelerator program funded by Techstars and Louisiana Economic Development,

The Baton Rouge Area Chamber, GNO Inc., and the SOLA Super Region Committee are calling Wednesday’s approval of the Canadian Pacific Railway and Kansas City Southern merger the “most important step forward” for creating the long-proposed passenger rail link between Baton Rouge and New Orleans.