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Started By
Message
Baton Rouge area gains 12,700 jobs over 12 months
Posted on 7/26/14 at 4:26 pm
Posted on 7/26/14 at 4:26 pm
quote:
Boost expanded nonfarm job total to 396,000
BILL LODGE
blodge@theadvocate.com
July 26, 2014
The Baton Rouge metropolitan area gained more nonfarm jobs — 12,700 — in the 12 months that ended June 30 than any of Louisiana’s other seven metro areas.
Those numbers, reported by the Louisiana Workforce Commission on Friday, were not yet seasonally adjusted, but showed the Baton Rouge area increased its employment by 3.3 percent in the year since June 2013. That expanded the nine-parish area’s total nonfarm employment to 396,000.
“This preliminary data appears to be consistent with overall reports of the current excellent economic conditions — not just in the Baton Rouge area, but across all of south Louisiana,” said Michael DiResto, of the Baton Rouge Area Chamber.
“These numbers are also consistent with the current low unemployment rate,” said DiResto, BRAC’s senior vice president for economic competitiveness.
Louisiana’s preliminary, not seasonally adjusted unemployment rate was 5.7 percent last month.
Statewide, in seasonally adjusted figures, Louisiana’s nonfarm employment increased by nearly 1 percent over the past year, totaling 1.97 million on June 30.
“Louisiana is doing well, and we have a very strong growth forecast for years to come,” said Curt Eysink, LWC executive director.
ADVOCATE
Posted on 7/26/14 at 4:33 pm to TigersOfGeauxld
Anyone know why the specify "Nonfarm" jobs?
And I had no idea BR metro was so big
And I had no idea BR metro was so big
Posted on 7/26/14 at 4:34 pm to yellowfin
BR metro is an 8 parish region.
Posted on 7/26/14 at 4:40 pm to TigersOfGeauxld
and they're all sitting on the interstate at 4 PM every day.
Posted on 7/26/14 at 4:41 pm to Paul Allen
I live in Alexandria and it seems to be very economically prosperous right now, a lot of full time and part time work to be had. But from the looks of that chart we have regressed a little bit.
Posted on 7/26/14 at 4:42 pm to WalkingTurtles
quote:
I live in Alexandria
You call that living?
Posted on 7/26/14 at 4:45 pm to yellowfin
quote:
Anyone know why the specify "Nonfarm" jobs?
It excludes a certain number of jobs to avoid skewed statistics. I would assume it's because of the cyclical nature of farm jobs. They are gained and lost every season.
Also excluded are governmental employees and a couple of other categories.
Posted on 7/26/14 at 4:47 pm to TigersOfGeauxld
Oh yeah, and LC bitches.
Posted on 7/26/14 at 4:51 pm to tracytiger
quote:
Build. A. Loop.
This is needed. BR and its infrastructure is way too small for the current traffic volume and population levels it has right now. Either a shite ton of people need to move or the infrastructure needs to expand. Something has to be done.
Posted on 7/26/14 at 4:53 pm to Paul Allen
quote:
You call that living?
Come on, Alexandria is no cultural or entertaiment, mecca, but BR has nothing to brag about in basically any category.
Posted on 7/26/14 at 4:58 pm to Jim Rockford
quote:
but BR has nothing to brag about in basically any category
More than Alec. You think I am a fool??
Posted on 7/26/14 at 5:02 pm to TigersOfGeauxld
quote:
Baton Rouge area increased its employment by 3.3 percent in the year since June 2013
Hope that translates into strong housing prices down the road. We are building now in Washington state and will be looking to sell our current home in BR in about 12-18 months.
Posted on 7/26/14 at 5:02 pm to TigersOfGeauxld
I was just looking at the Downtown Development District's 2014 Mid Year Update and holy shite our future is bright.
LINK
Posted on 7/26/14 at 5:07 pm to GeorgeReymond
BR's growth is insane. And the job growth is primarily in sectors paying well above the median wage.
Posted on 7/26/14 at 5:23 pm to TigersOfGeauxld
I know the industrial field is getting better by the day down the river. Makes me wanna take a drive down there to get in on it.
Posted on 7/26/14 at 6:07 pm to TigersOfGeauxld
Here come the hipsters.
Posted on 7/26/14 at 6:10 pm to Modern
Sounds like a good idea, getting a different job may get you out of that credit card debt yo
Posted on 7/26/14 at 6:16 pm to Sentrius
quote:
This is needed. BR and its infrastructure is way too small for the current traffic volume and population levels it has right now. Either a shite ton of people need to move or the infrastructure needs to expand. Something has to be done.
What would you do if you were BR? You've got a daytime population of 1.2 million and a night time pop of 280k.
The vast majority of your metro residents don't want to live in the city and/or pay for things that normal cities have (public transit, upgraded infrastructure in general) and oh, half of your city wants to leave and start its own city.
Meanwhile, all of those assholes that don't want to pay for anything continue to demand improvements, and increase demand for improvements while, yet again, not wanting to spend a dime on it.
Despite all of this, businesses continue to invest. Must mean we have some pretty powerful recruiters in leadership right now.
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