In local news:

Louisiana lost about 4,600 jobs in 2016, making it one of nine states to register a decline or no change in job growth for the year, according to an analysis of state-level job estimates from the U.S. Department of Labor. The state has been taken the brunt of the loss of oil field drops over the last two years as crude prices fell. The year-over-year drop in total employment was 0.2 percent and a decline in private sector employment sat at 0.1 percent. Louisiana had approximately 1.98 million jobs for the 12 months ending December 31st, 2015, and approximately 1.97 million for the year ending December 31st, 2016.

Read more via Business Report here.

Leave a Comment

Your email address will not be published. Required fields are marked *