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Louisiana jobless rate dips in July, but payrolls also fall

4 years 4 months 4 weeks ago Friday, August 18 2017 Aug 18, 2017 August 18, 2017 2:53 PM August 18, 2017 in News
Source: Associated Press
By: APNewsNow

NEW ORLEANS - Louisiana's job market posted mixed results in July despite a decrease in the unemployment rate.
The jobless rate dipped to 5.3 percent in July from 5.4 percent in June, but only because more people left the labor force than lost jobs. Louisiana's jobless rate was 6.2 percent a year ago.
A total of 110,000 Louisianans were jobless, down from 115,000 in July.
Louisiana's jobless rate tied for third-highest among states, with Alaska worst at 7 percent. The U.S. rate fell to 4.3 percent in July from June's 4.4 percent.
The separate payroll survey gave back some gains from the last two months, falling to 1.98 million in Louisiana. That's still above last July's 1.97 million.
The U.S. Labor Department released figures Friday, adjusted to cancel out seasonal changes.

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