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Louisiana unemployment rate falls as more leave labor force

1 year 8 months 1 week ago October 20, 2015 Oct 20, 2015 Tuesday, October 20 2015 October 20, 2015 11:43 AM in News
Source: Associated Press
By: APNewsNow

NEW ORLEANS - Louisiana's labor market was flat in September, with unemployment and payrolls holding level.

The jobless rate stayed at 6 percent from August to September, remaining below September 2014's 6.9 percent rate.

The number of people reporting having a job fell for the fourth straight month. Unemployment stayed level because 15,000 people left the labor force, continuing a trend that began in June.

Louisiana's unemployment rate remained above the national average of 5.1 percent.

A separate survey shows Louisiana payrolls fell 500 from August to September, but remained slightly above last September's level.

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

The number of unemployed Louisianans fell to 129,000, down slightly from August and 21,000 lower than last year.

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