Economic Development

Louisiana unemployment rate falls to 4.8% in December

The unemployment rate for December 2021 dropped in 42 states and the District of Columbia, according to data released by the Bureau of Labor Statistics today. 

The real reasons workers are resigning in droves 

We talk about burnout a lot, but it's not the biggest reason workers have...

Ukraine crisis could increase demand for Louisiana LNG in Europe

Tensions between Russia and Ukraine could impede natural gas supplies for Europe, which in turn could increase demand for liquefied natural gas.

Walk-On’s Sports Bistreaux opening Atlanta office

Walk-On’s Sports Bistreaux is opening an Atlanta office in the first quarter of this year to support rapid growth and hiring, the company announced today. Its headquarters will remain in Baton Rouge.

Rising interest rates may force Baton Rouge business owners to pivot once again

Scott Gaudin, chief lending officer with Currency Bank, suggests business owners ask themselves: If I can afford this expense at 4% interest, can I also afford it at 5%? If the answer is “maybe not,” the next question is whether the expense is a need or merely a want, he says.

Gov. Edwards’ budget proposal brings new Mississippi River bridge closer to reality

Gov. John Bel Edwards released his budget priorities for the next fiscal year, which include new, recurring investments in education and infrastructure across Louisiana.
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Our Cousin Vinny’s bottling its pasta sauce at LSU FOODii facility

Our Cousin Vinny’s, a locally owned brand of red gravy pasta sauce, began bottling its sauce at the LSU FOODii bottling facility this fall.

COVID surge hurting business revenue in January  

Emerging anecdotal evidence shows just how hard the recent rise in COVID-19 cases hit...

Metro Council agenda includes $255M anti-flood project, crime update

The East Baton Rouge Parish Metro Council on Wednesday will get an update on a $255 million Army Corps of Engineers flood risk reduction project. 

Suit challenging state’s early end to enhanced jobless benefits dismissed

A lawsuit that challenged Gov. John Bel Edwards’ decision to end additional unemployment benefits early was dismissed Wednesday by a state judge in Baton Rouge.