Looking for work: Louisiana had the second-highest increase in the number of newly laid-off workers filing jobless claims last week, according to the U.S. Labor Department. Louisiana posted 809 new claims for unemployment benefits, ranking only behind Connecticut’s 816. That was followed by Tennessee, Arizona and Nebraska.
The place to be: New Orleans was ranked 10th in its size category in a list of best cities for young professionals to live and work. The Crescent City was the only Louisiana city to be ranked in the Next Generation Consulting “Next Cities” list, which was based on factors such as cost of lifestyle, vitality and earnings. New Orleans made the list of cities with populations between 200,001 and 500,000, Madison, Wis., topped that list. San Francisco was named the best city for young professionals with a population of more than 500,000 and Fort Collins, Colo., was the best city with a population between 100,000 and 200,000.
Paying off debt: Lamar Advertising is offering to buy back all of its outstanding 2.875% interest convertible notes due next year to retire nearly $133.6 million in debt. Lamar is offering $960 for each $1,000 principal amount of notes. The offer expires July 9.
