Louisiana was one of 16 states to see a statistically significant decline in its unemployment rate over the course of year ending in January, according to preliminary seasonally adjusted data from the U.S. Bureau of Labor Statistics.
The data, released today, shows that Louisiana’s unemployment rate dropped to 4.6% in January, down from 5.8% during the month last year. The state’s 1.2 percentage point drop tied with Tennessee for the second largest year-over-year decrease. Alabama—which has an unemployment rate of 3.7%—had the largest decline, at 1.8 points.
Hawaii had the lowest rate, at 2.1%, while Alaska had the highest rate, 7.3%. Nonfarm employment for Louisiana reached 1,970,600 in January—up from 1,970,100 in January 2017.
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