Weekly initial jobless claims in Louisiana drop 26%

Initial unemployment claims in Louisiana dropped last week from 16,340 to 12,004, a roughly 26% decrease, according to the latest figures from the Louisiana...

Loren Scott: State could recover all jobs lost from pandemic over next year

After originally predicting last fall that it could take up to two full years for Louisiana to recover all the jobs lost since the...

US jobless claims drop; still at 847,000 as pandemic rages

The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming...

Louisiana budget gap for next year estimated as high as $962M

Estimates released Friday show Louisiana's shortfall for the upcoming budget year could reach as high as $962 million, driven by the loss of one-time...

Louisiana’s weekly initial unemployment claims drop by 4,157

Louisiana’s initial unemployment claims dropped to 16,340 last week, down from 20,497 the week before, according to recent figures from the Louisiana Workforce Commission....

Federal aid instrumental in keeping Louisiana’s budget afloat

Louisiana's economy has been propped up by federal aid during the COVID-19 pandemic, leading the state's economists to forecast less damage to the state...

Where did people move to last year? Not Louisiana

Work-from-home orders and job losses caused by the COVID-19 pandemic prompted many Americans to pack up and head to other states in 2020. The ones...

Amid pandemic, Baton Rouge falls short of development progress goals

As the pandemic and related restrictions impacted nearly every industry in Baton Rouge, the city-parish fell short of meeting several annual goals outlined in FutureBR

Big banks reducing loan-loss reserves, showing economic optimism

  The pandemic and recession aren’t over by a long shot, but banks are feeling optimistic enough to start taking potentially “bad” loans off their...

BRAC economic indicators show region down nearly 21,000 jobs

The Baton Rouge Area Chamber today published its first COVID-19 economic indicator report of the year, which examines and assesses the impact of the...

US weekly unemployment claims rise to highest level since August

The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has...

Broome details plans to stem crime, blight and litter in Baton Rouge

As she begins her second term, Mayor Sharon Weston Broome announced two new initiatives today targeting crime, blight and litter in Baton Rouge.

Pandemic creating wave of new job roles for 2021 and beyond

As the way people work has changed, so have the roles that need to be filled, Fast Company reports. These new roles are borne from...

US weekly unemployment claims fall slightly

The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic...

Details may come soon on what I-10 widening project will mean for you

Three years after Gov. John Bel Edwards announced funding had been identified to begin widening a busy stretch of Interstate 10 through Baton Rouge from the Mississippi River to the I-10/I-12 split, several key questions about the project remain unanswered

US jobless claims drop to lowest level in four weeks but remain elevated 

The number of Americans seeking unemployment benefits fell by 19,000 but remains elevated at 787,000 as a coronavirus resurgence grips the U.S. economy. While at...

Louisiana’s GDP grows 33% in third quarter, near national average

Louisiana’s real GDP growth followed national trends last quarter as the state saw a 33.1% growth at the annual rate, barely shy of the...

LWC working to root out fraudulent unemployment claims 

The Louisiana Workforce Commission is making progress in its efforts to root out potentially fraudulent claims, say department officials, who note a dramatic decrease in the number of first-time claims after an unprecedented surge in November.

US layoffs remain elevated as 803,000 seek jobless aid 

The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress...

BRAC’s weekly economic report: Consumer spending down in Baton Rouge 

The Baton Rouge Area Chamber today released its last COVID-19 economic indicator report of the year, assessing the impact of the COVID-19 pandemic on...