Jobs increase as Louisiana economy picks up

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BATON ROUGE – Despite an increase in jobs across the state, the Shreveport metropolitan area lost hundreds of jobs.

Seasonally adjusted data for the month of May shows that total nonfarm employment gained 10,500 jobs over the month.

This is the largest over the month gain since July 2011. In addition, this figure is up 9,400 jobs for the year.

However, the Shreveport metropolitan statistical area (MSA) lost 200 jobs for the month and is down 2,600 jobs over the year.

During the month of May, the state’s seasonally adjusted unemployment rate decreased 0.1 percentage points to 5.7 percent. In comparison to the May 2016 unemployment rate of 6.2 percent, this number is down 0.5 percentage points.

The seasonally adjusted civilian labor force, or the number of people who are employed in addition to those looking for work, decreased slightly over the month by 2,410 to 2,118,719.

Industries that showed the largest gains in seasonally adjusted jobs:

• Construction gained 5,000 jobs for the month and is up 12,600 jobs for the year.

• Education and Health Services gained 200 jobs for the month and is up 7,000 jobs for the year.

• Professional and Business Services gained 2,000 jobs for the month and is up 2,800 jobs for the year.

• Other services which includes industries engaged in activities such as equipment and machinery repair and services gained 900 jobs for the month and is up 1,900 jobs for the year.

• Leisure and Hospitality gained 1,900 jobs for the month, but is down 400 jobs for the year.