Latest Jobs Report Has Bad News for Louisiana

This hasn’t been a year of positive news. Over the last few months, however, there have been some bright spots for Louisiana and the nation’s economies, as they have been steadily moving in the right direction. But, the latest jobs report from the Bureau of Labor Statistics has some sobering news for those who expected…

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…

While National Economy is Improving, Much of Louisiana is Still Lagging

Just in time for the Independence Day Holiday, the Bureau of Labor Statistics (BLS) released some good news for the American people. The national unemployment rate fell 2.2 percent, leading to a total of 11.1 percent in June. Most notably, an astounding 4.8 million Americans who were temporarily laid off are now back in the workforce.…

Louisiana Wages Dropped by Nearly $500 Million in First Quarter

The Bureau of Economic Analysis’ (BEA) latest report, which showed that Louisiana personal income grew in the first quarter by 2.2 percent, appeared to be a welcome sight for a state still reckoning with the fallout of COVID-19 and subsequent economic shutdown. However, a closer look at the numbers reveals the income growth is a…

Louisiana Economy Appears Stuck in Neutral

The Bureau of Labor Statistics (BLS) recently reported that America gained 2.5 million jobs in the month of May, leaving many in Louisiana wondering how that would translate to the state’s economy. This morning’s BLS report showed Louisiana gaining almost 33,000 jobs in May, leading to a decline in the unemployment rate of 1.8 percent. The state’s…

Pelican Unveils Policy Solutions to Get Louisiana Working in the Aftermath of COVID-19

Today, the Pelican Institute released its Get Louisiana Working Policy Solutions. This plan outlines reforms to key public policy areas to encourage the return of jobs and opportunity and to strengthen the state’s economy following the destruction resulting from COVID-19 and measures taken to address it. The Pelican Institute is also calling on state leaders…

Louisiana’s 2019 GDP Ranked Among The Worst in Nation

As economic news continues to focus on the fallout from the COVID-19 pandemic, the Bureau of Economic Analysis’ (BEA) recently released report further underscored Louisiana’s pre-coronavirus economic struggles. In the final quarter of 2019, the BEA report on state Gross Domestic Products (GDP) showed the Louisiana economy grew an anemic 1.1 percent, ranking 43rd in…

First Post-COVID-19 National Jobs Report Gives Evidence on What’s Happening in Louisiana

With a record 6.6 million Americans applying for unemployment over the last month, doubling the previous record from two weeks ago, economists were dreading the latest national report from the Bureau of Labor Statistics. The national report is now out and found that total nonfarm employment decreased by an astounding 701,000 nonfarm workers, the largest…

Louisiana Unemployment Continues to Rise, Final 2019 Report Reveals

As we put 2019 in the rear view and the last economic news from the previous decade trickles in, one thing is becoming clear – much like it was at the start of the decade, Louisiana is struggling. The latest report from the Bureau of Labor Statistics (BLS) shows that the Pelican State’s unemployment rate…

Local, National Experts to Speak at Solutions Summit 2.0

We’re one week away from the Pelican Institute for Public Policy’s Solutions Summit 2.0. Next Thursday, January 30 at the Hilton Capitol Center in Baton Rouge, join state and national policy leaders as we unveil solutions to the biggest problems facing Louisiana. Today, we’re excited to share our all-star speaker line-up for the event, which includes legislators…