Share

Louisiana jobless rate rises along with payrolls

|
News,Business

Louisiana's unemployment rate rose in March for the third straight month, as fewer people reported having work.

The increase, reported Friday by the federal Bureau of Labor Statistics, contrasts with a separate survey showing employer payrolls rose in Louisiana.

The jobless rate rose to 6.2 from 6 percent in February, though it remained below the 6.8 percent rate of March 2012.

The number of people in the labor force fell, but was outstripped by a larger decrease in the number of people who said they have jobs.

Unemployed Louisianans rose by almost 3,000 from February to above 129,000 in March. That's below the nearly 143,000 in March 2012.

The separate BLS survey of payrolls shows nonfarm employees rose by about 3,000 in March, climbing nearly 25,000 above year-ago levels.

View article comments Leave a comment