GET DAILY REPORT FREE
Capital Region can fully recover by 2023 if enough jobs get filled, BRAC says
Current trends indicate the Capital Region could recover all the jobs lost during the COVID-19 pandemic by 2023 or sooner, Baton Rouge Area Chamber officials say.
How the supply chain crisis got this badÂ
Ships stuck at sea, warehouses overflowing, trucks without drivers: The highly intricate and interconnected global supply chain is in upheaval, with little end in sight.
Louisiana’s weekly initial unemployment claims drop 24%
Unemployment claims in Louisiana fell once again last week, right before the holidays and announcement of the recently discovered Omicron variant.Â
US jobless claims rise slightly but remain low compared to earlier in pandemicÂ
The number of Americans applying for unemployment benefits rose last week even though the U.S. job market has been rebounding from last year's coronavirus recession.
BRCC impacts region to the tune of $300M, study finds
Baton Rouge Community College released an economic impact study today detailing the impact the college has on the regional economy.
US jobless claims hit 52-year low after seasonal adjustments
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
East Baton Rouge Parish sees job gains, 2.5% wage growthÂ
From a cursory glance at the latest jobs data from the Bureau of Labor Statistics, it might appear that East Baton Rouge Parish, while...
Unemployment claims fall closer to pre-pandemic levels Â
U.S. jobless claims are gradually drifting down toward pre-pandemic levels as employers avoid layoffs and many workers quit or remain sidelined in a tight...
Cost of living in Baton Rouge rising, behind only NOLA in state
The cost of living has fallen in recent years for most of Louisiana's cities and towns, but the cost in Baton Rouge is the second-highest in the state, behind only New Orleans, according to data from McNeese State University and location comparison website BestPlaces.Â
Why US inflation is so high, and when it may easeÂ
Inflation is starting to look like that unexpected—and unwanted—houseguest who just won’t leave.
Baton Rouge records lowest unemployment rate since February 2020Â
The Baton Rouge metro area is at its lowest unemployment rate, 4.2%, since February 2020, and the region has enjoyed four consecutive months of job growth.Â
Baton Rouge sees job growth but many sectors still face shortages
Construction is one of the fastest growing job sectors in the Baton Rouge area as building and maintenance projects pick up across the Capitol Region following the COVID-19 slowdown seen across all sectors.
Unemployment rate for Baton Rouge metro falls to 4.2%
The unemployment rate for the Baton Rouge metropolitan area fell to 4.2% in September compared to 5% in August, according to preliminary estimates the U.S. Bureau of Labor Statistics reported today.Â
US jobless claims continue falling; hiring slows as companies can’t find workersÂ
The number of Americans applying for unemployment benefits fell to a pandemic low last week as the job market continues to recover from last year's coronavirus recession.
Hurricane Ida contributes to state losing 30,000 jobs in September
Preliminary Louisiana employment data for September shows a loss of nearly 30,000 seasonally adjusted non-farm jobs from August, and though this is partly due to the impacts of Hurricane Ida, the storm doesn't account for the overall shift in employment, The News Star reports.
Where are the workers? Cutoff of jobless aid fails to bring rush of job...
Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers were desperate to fill.
How Louisiana compares with other states in workers quitting their jobs
Kentucky, Idaho, South Dakota and Iowa reported the highest increases in the rates of workers who quit their jobs in August, with more than...
US initial unemployment claims fall for third consecutive week
The number of Americans applying for unemployment benefits fell last week to a new low point since the pandemic erupted, evidence that layoffs are declining as companies hold onto workers.
Don’t count on worker shortage to magically disappear
A shortage of workers is becoming a fixture of the U.S. economy, changing what the workforce looks like and forcing businesses to raise wages, invest in automation and reinvent their services, The Wall Street Journal reports.
US unemployment claims fall to lowest level since March 2020Â
The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.
