Jobs picture brightens in Louisiana in February

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Posted: Mar 28, 2014 1:45 PM by Jeff Amy
Source: Associated Press

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Topics: unemployment, jobs, economy

BATON ROUGE - Louisiana's unemployment rate fell to 4.5 percent in February, hitting the lowest level since mid-2008.

The number of people who told surveyors they had a job hit a new record for the fifth month in a row, approaching 2 million.

A separate survey shows payrolls were grew slightly from January to February, but remained below the record levels of late 2013.

Both sets of figures - adjusted to cancel out normal seasonal changes - were released Friday by the U.S. Department of Labor.

Louisiana's unemployment rate was 4.9 percent in January and 6.4 percent in February 2013.

Total unemployed Louisianians fell below 100,000 - also for the first time since mid-2008 - hitting 95,000 in February. That's down from almost 103,000 in January and 134,000 in February 2013.

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