Economist says Louisiana recession over


The state’s chief economist says Louisiana has clawed its way back from an 18-month recession.

Greg Albrecht told the USA Today Network of Louisiana that despite the recession being over, or close to over, there is still some ways to go before the state sees any growth.

U.S. Labor Department statistics show Louisiana had three straight months without job losses from February to April.

April employment numbers show the state is still 28,000 jobs behind its peak in December 2014.

Louisiana had 18 straight months of year-over-year job losses reaching a low in August 2016 when it lost 40,000 jobs from its peak.