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…

Income Growth in Louisiana

Preliminary estimates released by the U.S. Bureau of Economic Analysis revealed that personal income growth slowed in 2008. In Louisiana, personal income growth slowed to 4.2 percent in 2008, a virtual crawl compared to 10.2 percent in 2007. Of course the decline is not limited to Louisiana, as personal income growth nationwide slowed to 3.9…