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New Orleans area lost 99,900 jobs (17% total employment) by April 30, 2020

Posted on 9/17/20 at 10:54 am
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26059 posts
Posted on 9/17/20 at 10:54 am
I'm interested in seeing what the job loss data is from April 30, 2020 to Sept 17, 2020 in Metro New Orleans because all I'm seeing is more and more businesses permanently close in Orleans Parish. Thanks JBE and LaToya for your great leadership!

The Advocate

The New Orleans-area economy lost 99,900 jobs, or 17% of its total employment, by the end of April, about one month after the restrictions aimed at slowing the spread of the virus were mandated in Louisiana.

And even after some work has returned, the city is forecast to lose more than 37,000 jobs this year compared to 2019, according to the Louisiana Economic Outlook, an annual report penned by economist and LSU professor emeritus Loren Scott and LSU Center for Energy Studies associate professor Greg Upton. The metro area had 583,400 jobs at the end of 2019, and despite a rebound over the next two years, the number of jobs won't reach 2019 levels until 2023 or later, the report said.

The nearly 100,000 jobs that disappeared during the depths of the pandemic represented a sharper decline than the slow loss of tens of thousands of jobs over several years during the 1980s oil bust and even the 93,000 jobs lost immediately following Katrina.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22792 posts
Posted on 9/17/20 at 10:55 am to
:LatoyaGodzilla:
Posted by Y.A. Tittle
Member since Sep 2003
101707 posts
Posted on 9/17/20 at 10:55 am to
:insertlatoyagodzillagif:

shite!
This post was edited on 9/17/20 at 10:56 am
Posted by LNCHBOX
70448
Member since Jun 2009
84373 posts
Posted on 9/17/20 at 10:55 am to
JBE and Destroya tyfys
Posted by Teufelhunden
Galvez, LA
Member since Feb 2005
5587 posts
Posted on 9/17/20 at 10:56 am to
Phaaaaaze twoooo! Fuh!
Posted by OldHickory
New Orleans
Member since Apr 2012
10602 posts
Posted on 9/17/20 at 10:57 am to
It’s going to be interesting to see what this translates to in the next few years.
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20457 posts
Posted on 9/17/20 at 10:57 am to
But the good news is that we saved maw maw and paw paw! We gave them another five years on this planet!
Posted by geauxtigers87
Louisiana
Member since Mar 2011
25244 posts
Posted on 9/17/20 at 10:58 am to
Count mine in the number lost. Fortunately I was able to find another one while many people weren't so lucky
Posted by Ancient Astronaut
Member since May 2015
33184 posts
Posted on 9/17/20 at 11:00 am to
At least we saved lives!
Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38416 posts
Posted on 9/17/20 at 11:01 am to
Dis don't matta yawl! Latoya care about dem kids!
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
66426 posts
Posted on 9/17/20 at 11:01 am to
won't be bullied
Posted by brewhan davey
Audubon Place
Member since Sep 2010
32808 posts
Posted on 9/17/20 at 11:01 am to
Someone needs to submit a public records request to City Hall for all of the data that they relied upon to keep the shutdowns in effect.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119576 posts
Posted on 9/17/20 at 11:03 am to
Did city govt lose 17% too?
Posted by idlewatcher
County Jail
Member since Jan 2012
79386 posts
Posted on 9/17/20 at 11:22 am to
NOLA doing work!
Posted by doubleb
Baton Rouge
Member since Aug 2006
36253 posts
Posted on 9/17/20 at 11:27 am to
quote:


I'm interested in seeing what the job loss data is from April 30, 2020 to Sept 17, 2020 in Metro New Orleans because all I'm seeing is more and more businesses permanently close in Orleans Parish. Thanks JBE and LaToya for your great leadership!


Don’t confuse stats regarding the NO metro area with Orleans Parish. NO metro is made up of 8 parishes. I’d guess Orleans Parish was hit harder than 19% as the restaurant, hotels and other tourist related employers were crushed.
Posted by NIH
Member since Aug 2008
112781 posts
Posted on 9/17/20 at 11:28 am to
Yeah, but LaToya keeping us safe!
Posted by The Torch
DFW The Dub
Member since Aug 2014
19447 posts
Posted on 9/17/20 at 11:33 am to
What about the 99 gazillion who never worked
Posted by jaytothen
Member since Jan 2020
6444 posts
Posted on 9/17/20 at 11:35 am to
Could've put half of them to work on tearing down the Hard Rock
Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 9/17/20 at 11:41 am to
LaToya will not be bullied by racist stats.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9281 posts
Posted on 9/17/20 at 11:47 am to
Democratic Elites: But at least we got Biden elected because Orange Man Bad.
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