Governor Edwards Adds New Economic Restrictions, Pelican Statement

Today, Gov. John Bel Edwards announced Louisiana is returning to Phase 2 of the state’s COVID-19 economic restrictions. In addition to ordering many bars across the state to close and sending most businesses back to 50 percent occupancy through the end of the year, Gov. Edwards also limited gatherings to 75 indoors and 150 outdoors. Additionally,…

Unemployment spikes again in Louisiana

Despite mostly good news on both the Louisiana health and economic fronts over the last few months, November has brought spikes in both unemployment and COVID-19 cases. While unemployment claims had been trending downwards for some time, even getting below 10,000 for a few weeks, the week ending November 14 saw claims jump to over…

Faces of the Shutdown: Sam and Jaymie

The Pelican team has been traveling the state since March, collecting stories of those who have been harmed by the state’s COVID-19 shutdown. Every Louisianan knows at least one person who has lost their livelihood due to the shutdown, and these stories deserve to be told and heard by everyone in our state. We recently traveled to…

Damage of Louisiana’s Shutdown Becoming Clearer

As the Louisiana legislature debates adding checks and balances to the state’s emergency powers, reports from both the Bureau of Labor Statistics (BLS) and Bureau of Economic Analysis (BEA) are painting a picture of just how economically damaging the state’s shutdown has been. Let’s start with the worst news. The BEA reported Louisiana’s economy shrank…

Louisiana Lags as America Recovers

The most recent report from the Bureau of Labor Statistics (BLS) revealed the U.S. economy is about halfway to recovery. Meanwhile, Louisiana job numbers are still falling well behind the rest of the nation. Overall, the report wasn’t surprising, as it revealed employment rose by 1.4 million in the month of August while the unemployment…

Louisiana Moving to Phase 3, Statement from CEO

Today, Governor John Bel Edwards announced Louisiana will begin moving into Phase 3 of the state’s economic restrictions on Friday. Pelican Institute CEO Daniel Erspamer released the following statement in response to this decision: “Gov. Edwards’ announcement today is a step in the right direction to get Louisiana working. After months of urging Louisiana leaders to…

Could Expanding Unemployment Insurance Hurt Louisiana’s Recovery?

Last week saw the release of some of best economic news for the state of Louisiana in a long time. According to the Department of Labor’s data for the week ending August 8, the number of Louisianans on unemployment insurance decreased by more than 53,000. This comes on the heels of a 27,000-person decrease during…

National, Local Job Trends Show Better Signs for Louisiana

Over the last few weeks, a trend has emerged showing less Louisianans filing for unemployment than previous weeks. This week saw this pattern continue, with just under 10,000 people filing for unemployment, a decrease of almost 3,500 from the previous week. This was, once again, a new low since the COVID-19 pandemic began. The number…

Inaction on Extending Benefits Leading to Less Unemployment Claims

Last week’s economic news presented a sobering picture of the damage caused by the lockdowns in response to COVID-19. U.S. Gross Domestic Product (GDP) fell by more than nine percent, which means all of the nation’s economic growth since the end of 2014 was completely wiped out. In some better news, however, last week’s decrease…