re: Is this corporatism in Louisiana?

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From 2008 to 2010, metro New Orleans lost only 1 percent of jobs compared to 5 percent lost nationwide. By 2014, metro New Orleans had recouped these losses and reached 5 percent above its 2008 level, while the nation reached only 1 percent above its 2008 level. Jobs in knowledge-based clusters have grown substantially since 2010 including in construction products & services (an essential part of the water management cluster), video production, and electric power generation, which have grown 14 percent, 90 percent, and 22 percent respectively. Job centers have shifted across the region. Parishes upriver and on the north shore are now home to 24 percent of all the metro’s jobs. By 2014, passenger enplanements in Louis Armstrong International airport surpassed 2008 levels by 22 percent—while national air traffic had recovered to only 5 percent above pre-recession numbers. In fact, by 2014, New Orleans passenger enplanements had surpassed their 2004 pre-Katrina high mark—indicating that the New Orleans airport is providing expanded connectivity for Southeast Louisiana visitors, residents, and businesses. The metro New Orleans entrepreneurship rate—at 471 startups per 100,000 adults during the three year period from 2011-13—is 64 percent higher than the national average, and 40 percent higher than other fast-growing Southern metros. Venture capital funding, which is critical to innovation and economic cluster development, has doubled in metro New Orleans from $16 per capita in 2010 to $32 per capita in 2014. But this is only a fraction of the venture capital going to startups in competitive metro Austin, where funding has consistently been over $100 per capita since 2006. Metro New Orleans lags the nation in producing and attracting workers with a bachelor’s degree. By 2013, only 27 percent of adults in the metro had at least a 4-year degree compared to 30 percent nationwide, and the gap between metro New Orleans and the nation has been widening since 1990.

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