In local news:

Louisiana lost jobs in October and its unemployment rate rose slightly, according to seasonally-adjusted data from the federal Bureau of Labor Statistics. Job losses were driven by the impact of low oil prices and a continued decline in government employment. There were 3,900 fewer private-sector jobs and 2,300 fewer government jobs in October. The state’s unemployment rate in October rose to 6.2 percent from 6.0 percent in September, still lower than the 7 percent rate of October 2014. Louisiana’s civilian labor force lost 11,817 people overall, and 15,316 fewer people in the labor force were working. Contrary to this trend, the construction industry gained 2,200 jobs over the month, while education and health services added the most jobs over the 12-month period with an increase of 6,300. Professional and business services and leisure and hospitality added 5,800 and 4,700 jobs over the year, respectively.

Read further info via LWC here.

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