Economic Development

Diverging job market boosts prospects for some, puts others at riskĀ 

The U.S. labor market is beginning to fracture, as some businesses curb hiring while others are desperate for employees.Ā 

How much do the largest U.S. companies pay their workersĀ 

Wages for median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers, The Wall Street Journal reports.Ā 

Mid South Extrusion planning $4.9M expansion of north Louisiana facilityĀ 

Mid South Extrusion, which produces polyethylene film for food packaging and other consumer and industrial uses, is investing $4.9 million to add a 12th production line at its manufacturing facility in Monroe.Ā 

Budget work is complete but other issues remain for session’s final weekĀ 

The Louisiana Legislature is heading into its final week after a Memorial Day weekend...

Mississippi River bridge options narrowed to three Iberville Parish sites

Officials today presented three location options for a new Mississippi River bridge crossing in the Capital Region.

Baton Rouge unemployment rate drops to 3.1%

Louisiana currently has the lowest not seasonally adjusted unemployment rate in more than a decade,
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New technologies bringing Baton Rouge filmmaking into the future

As National Treasure, one of the biggest film productions to come to Baton Rouge since the pandemic, nears the end of its first season’s production in June, the future of filmmaking in Baton Rouge is bright.

Baton Rouge still experiencing severe worker shortage as summer nears

Rick Patel is planning to open his new restaurant, Tap 65, inside the former...

Grocery prices continue to rise in Louisiana with no end in sight

Grocery prices in Louisiana have risen significantly over the course of the year—and the...

GoAuto sells majority stake to private equity firm

Milestone Partners, a Philadelphia-based private equity firm, has purchased an 80% stake in GoAuto, a low-cost auto insurer.