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The unemployment rate in Louisiana is 3.3%, according to the latest data from the U.S. Bureau of Labor Statistics, which tracks the nation’s top economic indicators.
The numbers come as the Biden Administration released its October Jobs report, which indicates that U.S. hiring slowed to 150,000 jobs for the last month. The unemployment rate rose to 3.9%.
For October, the United States saw nonfarm payrolls jump by 150,000 — less than was expected.
“We just learned our economy created 150,000 jobs in October – bringing the total since I took office to 14 million,” President Biden said in a statement online. “That’s on top of an unemployment rate that has stayed under 4% for 21 months straight, the longest stretch in over 50 years. Bidenomics is working.”
Others see the October jobs report numbers as a clear sign that of “stagflation,” where both unemployment and prices are on the rise – a not-so-fun twist in the game. There seems to be an odd “yolo” vibe about equities this week while our economy is signaling darkness.
While it’s easy to harp on the unemployment numbers, for perspective, we must remember that on average, the current administration has the highest real hourly wage and second-lowest unemployment rate among presidents back to Lyndon B. Johnson.
In Louisiana, the state’s oil, fisheries and hospitality sectors account for plenty of jobs that are needed. As for those in demand, LinkedIn has a list of such employment opportunities that are hot in Louisiana. Here are some job titles:
Jobs are hard to come by no matter if you’re seeking full-time work, part-time or looking to land gigs as a contract freelancer.
Need some help? Read up on websites that help you find high-paying remote jobs.
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