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Economists: Pandemic recession shortest on recordÂ
It hit like a derailed train, was hugely destructive and now it's over.
The recession that broke out with the onset of the coronavirus pandemic...
Steady as she goes for Louisiana’s June unemployment rate
Louisiana’s unemployment rate remained steady in June at 6.9%—still higher than the national average of 5.9% but significantly lower than the 9.4% rate of...
US top executives alarmed about inflation
Company executives are speaking up about how the current elevated inflation rate is impacting their businesses—and some of them are warning the rapid rise...
US unemployment claims fall to new pandemic low
The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S....
Louisiana has nation’s highest combined state and local sales tax rate
Louisiana now has the highest sales tax rate in the nation, which is concerning to policy experts due to the regressive nature of the tax.
Skyrocketing used car prices stall in JuneÂ
The average price of a used car fell slightly in June, suggesting that the white-hot market for these vehicles may finally be cooling off,...
Louisiana unemployment insurance claims rise
There was a slight rise in Louisiana unemployment last week, with 4,222 initial unemployment claims filed, according to the latest figures released by the...
Rising oil prices won’t hamper economic recovery
The recent bout of higher oil prices is unlikely to make much of a dent in the global recovery, according to economists who say...
US jobless claims rise slightly even as economy continues reboundÂ
The number of Americans filing for unemployment benefits rose slightly last week even while the economy and the job market appear to be rebounding...
Baton Rouge leisure and hospitality sector show signs of bouncing back
The Baton Rouge Area Chamber today released its monthly COVID-19 economic indicators report, which assesses the impact of the COVID-19 pandemic on the regional...
Scarcity, high prices cause US mortgage applications to sink Â
Mortgage demand fell for the second week in a row, sinking to the lowest level since early 2020 as low inventory and high home...
Top 100 private companies of 2021: A roller coaster year
It was a roller coaster year for the Baton Rouge Top 100 private companies, with more companies reporting revenue declines than gains.
Average pay is rising across the countryÂ
This year is shaping up to be the year of the pay raise, according to The Washington Post.Â
In the past three months, rank-and-file employees...
Louisiana’s weekly initial unemployment claims drop 3.5%
Last week, 4,129 initial unemployment insurance claims were filed in Louisiana—a roughly 3.5% decline from the week before, according to the latest figures released...
US adding more jobs as economy extends gains
In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a...
Latest drop in US initial jobless claims steeper than expected Â
The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence...
Year-over-year city-parish sales and use tax collections up 42% in April
For the city and parish combined, recurring city-parish sales and use tax collections totaled $18.46 million in April, a 42% increase compared to the...
Baton Rouge unemployment rate inches up in May
Baton Rouge’s not seasonally adjusted unemployment rate rose between April and May, from 5.9% to 6.0%, according to figures released today by the Louisiana...
Louisiana weekly initial unemployment claims drop 18%
Last week, 4,278 initial unemployment insurance claims were filed in Louisiana, down 18% from the 5,242 filed the week before, according to figures released today by the Louisiana Workforce Commission.
US jobless claims continue falling as economy heals
The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.
The Labor Department...
