N.C. tax reform: A model for Louisiana

by Brian Balfour, senior vice president of research, John Locke Foundation If Louisiana wants to look for inspiration for tax reform, they could do no better than North Carolina. Aggressive, yet sensible, tax cuts paired with fiscal restraint is what made North Carolina “The national model for conservative tax reform,” according to Patrick Gleason, vice…

Reading Between the Lines on Latest Jobs Report

by Eric Peterson, director of the Pelican Center for Technology and Innovation Policy At first glance, the December State Employment and Unemployment report from the Bureau of Labor Statistics appeared positive for Louisiana. However, a closer look at the numbers reveals there is still a long way to go in the state’s economic recovery. The…

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…

Despite hiccups, Louisiana economy slowly moving forward

by Eric Peterson, Director of Policy As 2020 winds down, I can’t help but reflect on the difficulties we’ve all experienced, both on the health and economic fronts, throughout this year. Fortunately, as a vaccine appears within reach, so too is a return to a strong economy. The latest jobs release 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…

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…

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…