Today, Gov. John Bel Edwards released the following statement on the positive jobs numbers released by the Louisiana Workforce Commission (LWC). The new report showed that Louisiana’s unemployment rate dipped to a three-year low, 5.5 percent. The June report is the largest over-the-month jobs gain for June since 2010. Since Gov. Edwards took office in January of 2016, the unemployment rate has dropped from 6.2 percent to 5.5 percent.
“Louisiana’s economy has been struggling for quite some time, but all signs show that we are making significant progress,” said Gov. Edwards. “The unemployment rate is going down and job creation and job growth are increasing. We’re still not where we need to be, but we are headed in the right direction. The more we can do as a state to promote the skilled workforce we have here in Louisiana, the better off Louisiana families will be, and that is my ultimate priority at the end of the day. No one works harder than the people of Louisiana and those who have been struggling since the oil and gas downturn will not be forgotten. I’m going to continue doing all I can to connect every Louisianan looking for the opportunity to provide for themselves or their families with a good job that makes it possible for them to do just that."
According to LWC, the seasonally adjusted unemployment rate for Louisiana decreased to 5.5 percent. This is the lowest the unemployment rate has been since February 2014. The decrease marks a 0.2 percentage point decline from the May 2017 figure of 5.7 percent, and is also down 0.7 percentage points from June 2016.