Covid-era economy in La. ranked worst
With a June jobless rate of 9.7% and a five-year annualized employment growth rate of negative 2.3%, the Louisiana economy finished worst in a new ranking by the website 24/7 Wall St.
The state’s annualized gross domestic product growth through the first quarter of this year stood at 0.2%, the financial news website reported, while its poverty rate came in at 18.7%.