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EBR sales tax collections up more than 13% in July compared to July 2020
East Baton Rouge Parish collected about $18.7 million in sales taxes in July, a 13.44% increase over July of last year, according to the latest city-parish report.
Women bolt from the workforce in September
September saw one of the largest drop-offs of women from the labor force since the pandemic began. The last time women left the workforce...
US employers add just 194,000 jobs in September as delta variant maintains grip
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the...
US initial unemployment claims fall for first time in a monthÂ
The number of Americans applying for unemployment benefits fell last week, another sign that the U.S. job market and economy continue their steady recovery from last year's coronavirus recession.
Baton Rouge’s economy outpacing rest of the state, says Loren Scott
The Capital Region will have gained back about 81% of the jobs it lost to the COVID-19 pandemic by the end of this year, outpacing the rest of the state, economist Loren Scott predicts.Â
Capital Region could add nearly 22,000 jobs in next two years, Loren Scott says
The Capital Region could add about 16,600 jobs next year and 5,300 jobs the year after, economist Loren Scott predicts in the latest version of his Louisiana Economic Forecast.Â
US unemployment claims rise for third straight week
The number of Americans applying for unemployment benefits rose for the third straight week, a sign that the highly contagious delta variant may be...
Baton Rouge jobless rate dips to 5% in August, below national averageÂ
The Baton Rouge metro area’s unemployment rate fell in August, going from 5.8% in July to 5%, slightly lower than the national average of 5.3%, according to the latest, not seasonally adjusted data from the Bureau of Labor Statistics.
Business economists lower national growth forecasts due to delta variant
The nation's business economists now expect slower economic growth this year due to the widespread delta variant of the coronavirus, while also saying the economy could improve more quickly next year as vaccinations become more accepted.
Louisiana’s unemployment trust fund insolvent by federal standards
The fund Louisiana uses to pay benefits to unemployed workers falls short of federal standards for solvency, according to the Washington, D.C.-based Tax Foundation.
Louisiana jobless claims rise for second week in a row after Hurricane Ida
Unemployment claims in the state rose for a second straight week and Southeast Louisiana, specifically, saw a sharp increase after Hurricane Ida devastated the region...
Job market disconnect raises concerns over economic recovery
The gulf between record job openings and a lack of people taking those jobs is forcing Wall Street to reassess the pace of the...
US unemployment claims rise after hitting pandemic low
The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID infections may...
Most Baton Rouge residents are concerned about climate change, though party lines still divideÂ
A growing number of Baton Rouge residents believe that storms are becoming more fierce and want the government to take action to mitigate the effects of climate change.
EBR sales tax collections in June up more than 14% from a year ago
East Baton Rouge Parish in June collected about $17.9 million in sales taxes, not counting taxes on vehicle sales, which is 14.3% higher than the same month last year, according to the city-parish.Â
Riding another wave
The Baton Rouge economy was finding its post-COVID footing until the delta variant—and a hurricane—struck with a vengeance.
Big Story: Ida’s powerful message
Hurricane Ida deals a massive blow to Baton Rouge and southeast Louisiana, knocking out power and creating a gas shortage.
BRAC dashboard shows continued job gainsÂ
The Baton Rouge area saw continued job growth over the past month, according to the Baton Rouge Area Chamber’s monthly economic indicator dashboard.Â
US jobless claims drop despite surge in COVID casesÂ
The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases...
COVID aid spurs double-digit income growth in Louisiana, though earnings flat
Federal COVID-19 stimulus programs led to double-digit personal income growth in Louisiana for the first quarter of the year, according to a new report,...
