Last Jobs Report of the Year A Mixed Bag

by Eric Peterson, Director of Policy During the holiday season, Louisianans have more on their mind than the latest state economic reports. Yet as we enter the New Year, it’s important to understand where our state’s economy stands. Two reports, one from the Bureau of Labor Statistics (BLS) and the other from the Bureau of…

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…

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…

Some Good News in Latest Jobs Numbers, But Will They Hold?

Today, the Bureau of Labor Statistics (BLS) released its latest state-by-state jobs numbers, which featured some overall good news for Louisiana. The state’s June unemployment rate dropped by 4.5 percent, dipping under 10 percent for the first time in months. While this headline shows some improvement in Louisiana’s economic situation, there are reasons to take…

Pelican Responds to State Plan to Reopen Louisiana’s Economy

Today, Gov. John Bel Edwards announced Louisiana will begin implementing Phase 1 of the federal government’s reopening guidelines on May 15. Pelican released the following statement from CEO Daniel Erspamer regarding the state’s plan to reopen Louisiana’s economy and ease lockdown restrictions. “For the last month, the Pelican Institute has urged Louisiana leaders to begin…

Path Needed to Get Louisiana Working

by Daniel Erspamer, CEO of the Pelican Institute Throughout our shared history, Americans – and Louisianans, in particular – have faced down many crises, from war to drought to floods to illness. Through determination, innovation and ingenuity, a strong sense of community and patriotism, and a stubborn will to succeed, we’ve prevailed. These principles are…

Pelican Calls on State Leaders to Implement First Phase of Federal Economic Reopening Guidelines

On Thursday, the federal government released its plan to reopen America’s economy. The Pelican Institute’s CEO Daniel Erspamer released a statement today supporting the federal guidelines and also calling calling on state lawmakers to begin implementation of Phase 1 of this plan on May 1. See below for the full statement. “The Phase 1 guidelines…

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…

Last Pre-COVID-19 Louisiana Jobs Report Proves Need for Reforms

While the conversations around the health and economic impacts of COVID-19 were dominating news cycles, last week’s state jobs report from the Bureau of Labor Statistics (BLS) flew under the radar. The report showed that the seasonally adjusted unemployment rate in Louisiana for February 2020 remained a sky-high 5.2 percent, more than half a point…