Officials: June to June, Louisiana Private Sector Adds 50K Jobs
Louisiana’s private sector added 50,400 jobs from June 2011 to June 2012, the highest over-the-year growth in 22 consecutive months of private sector job gains, according to the state workforce officials.
The Louisiana Workforce Commission reported that Louisiana’s total private sector employment climbed to 1,586,900 in June, despite an over-the-month decline of 500 jobs, according to the most recent monthly survey of employers by the U.S. Bureau of Labor Statistics.
Similarly, total nonfarm employment for June rose to 1,947,000 on a seasonally adjusted basis, up 52,700 jobs from June 2011, although down 1,500 jobs from the previous month.
A separate BLS survey of households shows the civilian labor force — the number of people working plus those looking for work — grew by 26,832 over the year, to a seasonally adjusted total of 2,080,716.
The seasonally adjusted unemployment rate — the proportion of the civilian labor force who are unemployed — increased 0.3 percent over the month to 7.5 percent. The jobless rate in June for the South was 7.8 percent, while the national unemployment rate remained unchanged at 8.2 percent.
BLS estimates from its survey of households show the number of people employed statewide decreased on a seasonally adjusted basis by 2,062 from May to June, but increased by 22,166 over the year, to a total of 1,925,356.
The number of unemployed was up by 5,703 over the month, and up 4,666 over the year, to a total of 155,360 in June. Overall, the labor force grew by 3,641 over the month, according to BLS.
Source: Louisiana Workforce Commission