Preliminary data for June 2020 released Friday by the Bureau of Labor and Statistics (BLS) shows that Louisiana’s seasonally adjusted unemployment rate decreased to 9.7%; down 4.5 percentage points from May 2020’s revised seasonally adjusted unemployment rate of 14.2%.
The number of seasonally adjusted employed individuals increased by 61,938 from 1,742,230 in May 2020 to 1,804,168 in June 2020. Compared to June 2019, the number of seasonally adjusted employed individuals decreased by 188,309.
The number of seasonally adjusted unemployed individuals decreased by 96,591 from 289,495 in May 2020 to 192,904 in June 2020. Compared to June 2019, the number of seasonally adjusted unemployed individuals increased by 97,780.
“Louisiana has shown marked improvement from where we were just a month ago, as the LWC continues to place individuals into family-sustaining careers,” said Louisiana Workforce Commission Secretary Ava Dejoie. “With everyone in Louisiana navigating the impact of COVID-19, the LWC will continue tirelessly work to match job-seekers with in-demand local businesses across the state.”
It is important to remember that the last week that claimants will be eligible to receive the additional Federal Pandemic Unemployment Compensation (FPUC) $600 will be for the week ending July 25. The LWC strongly encourages individuals to begin their work search now, and rejoin the Louisiana labor force. The LWC has tens of thousands of available family-sustaining careers available from the state’s largest employers listed on our Helping Individuals Reach Employment (HiRE) network here – https://www.louisianaworks.net/hire/vosnet/loginintro.aspx?blnStartHere….
Among Louisiana’s MSAs in May, seasonally adjusted data shows:
— Alexandria gained 600 jobs from May 2020, but lost 4,000 jobs from June 2019.
— Baton Rouge gained 5,800 jobs from May 2020, but lost 39,000 jobs from June 2019.
— Hammond gained 1,900 jobs from May 2020, but lost 2,800 jobs from June 2019.
— Houma gained 2,000 jobs from May 2020, but lost 6,900 jobs from June 2019.
— Lafayette gained 8,900 jobs from May 2020, but lost 12,600 jobs from June 2019.
— Lake Charles gained 1,600 jobs from May 2020, but lost 14,800 jobs from June 2019.
— Monroe gained 1,400 jobs from May 2020, but lost 4,900 jobs from June 2019.
— New Orleans gained 22,900 jobs from May 2020, but lost 74,600 jobs from June 2019.
— Shreveport gained 6,500 jobs from May 2020, but lost 13,400 jobs from June 2019.
Seasonally adjusted nonfarm employment increased by 56,500 jobs from 1,755,400 in May 2020 to 1,811,900 in June 2020. From June 2019, seasonally adjusted nonfarm employment decreased 172,500 jobs.
Seasonally adjusted private sector employment increased by 55,600 jobs from 1,438,200 in May 2020 to 1,493,800 in June 2020. From June 2019, seasonally adjusted private sector employment decreased 160,900 jobs.
Louisiana’s not seasonally adjusted unemployment rate decreased to 10.5%; down 3.4 percentage points from May’s revised not seasonally adjusted unemployment rate of 13.9%.
The number of not seasonally adjusted employed individuals increased by 66,349 from 1,743,630 in May 2020 to 1,809,979 in June 2020. When compared to June 2019, the number of seasonally adjusted employed individuals decreased 189,227.
The number of not seasonally adjusted unemployed individuals decreased 70,830 from 282,453 in May 2020 to 211,623 in June 2020. When compared to June 2019, the number of not seasonally adjusted unemployed individuals increased by 94,031.
Not seasonally adjusted nonfarm employment increased by 50,700 jobs from 1,764,100 in May 2020 to 1,814,800 in June 2020. When compared to June 2019, not seasonally adjusted nonfarm employment decreased by 172,800 jobs.
Not seasonally adjusted private sector employment increased by 56,500 jobs from 1,444,000 in May 2020 to 1,500,500 in June 2020. When compared to June 2019, not seasonally adjusted private sector employment decreased by 160,000 jobs.
June metropolitan statistical area (MSA) and parish unemployment rates will be released on July 24.