Labor Force, Employment Increase Over the Year
BATON ROUGE – Louisiana’s seasonally adjusted nonfarm employment in August grew by 12,500 jobs over the year, according to the Louisiana Workforce Commission (LWC).
Louisiana’s seasonally adjusted unemployment rate increased to 7.6 percent in August from the revised July rate of 7.2 percent. The August rate was the 17th lowest in the nation and the fifth lowest in the Southern region. The Southern region rate for August was 9.2 percent. The August 2010 seasonally adjusted unemployment rate for the United States was 9.6 percent, up from the revised July rate of 9.5 percent.
Seasonally adjusted nonfarm employment was down by 1,100 jobs over the month to 1,903,500.
The federal Bureau of Labor Statistics (BLS) surveys a sample of households to estimate the civilian labor force data, which is used to compute the unemployment rate. Louisiana’s civilian labor force – the number of people working or looking for work – for August 2010 was 2,099,007. There were 1,940,093 employed in August for a decrease of 4,165 over the month and 158,914 unemployed, an increase of 8,630 from July. Over the year, the civilian labor force grew by 31,606, with an increase of 23,721 employed and 7,885 unemployed.
“These numbers reflect overall growth in the labor force, and the number of people working continues to grow more than the number who are unemployed and looking for work,” LWC Executive Director Curt Eysink said. “Our civilian labor force is at its highest level ever except for the three months following Hurricane Katrina in 2005.”
BLS uses a separate survey of employers to develop nonfarm employment statistics. That survey for August showed that six of 11 industry sectors recorded job increases over the month. The largest monthly job gain occurred in government (which includes public education), 367,500, up 1,400 jobs as hiring for the fall school year started. Other sectors with gains were professional and business services, up 1,000 jobs to 196,800; mining and logging, up 400 jobs to 50,600; construction, 128,200, up 400 jobs; information, 24,300, up 400 jobs; and manufacturing, 136,300, a gain of 200 jobs over the month. Sectors with declines for the month were trade, transportation, and utilities, 368,200, down 1,800 workers; leisure and hospitality, 196,500, down 1,400; education and health services 278,600, down 1,200; other services, 68,200, down 400; and financial activities, 88,300, down 100.
For more detailed information on August 2010 employment data for Louisiana, visit our Web site at www.LAWORKS.net. Web navigation; Labor Market Information, LOIS (Louisiana Occupational Information System), from green menu under Historical Data Analysis – Employment and Wage Data – then either Industry Data – Current Employment Statistics (CES), or Labor Force Data – Labor Force Employment and Unemployment (LAUS).