Parish unemployment increases 1.5 percent

Unemployment jumped more than a percent in St. Mary Parish in June, increasing from 8.5 percent in May to 10 percent in June.

There were 21,335 employed in June, with 2,381 jobless. In May, 21,103 were employed and 1,961 were jobless. In June a year ago, the jobless rate was 10.1 percent, with 21,013 employed and 2,353 unemployed.

Neighboring Assumption Parish’s rate climbed 2 percent, from 9.3 percent to 11.3 percent. There were 9,216 employed and 1,176 jobless in June, compared to 9,254 employed and 952 jobless in May. Unemployment stood at 12 percent in June a year ago.

Unemployment in St. Martin Parish stood at 7.3 percent in June, an increase from May’s 6 percent. Unemployment was 7.9 percent in June 2011. No separate calculation is made for Lower St. Martin.

Lafayette Parish, which is joined with St. Martin in the Lafayette Metropolitan Statistical Area, now holds the state’s lowest jobless rate at 6 percent. The MSA jobless rate is 6.2 percent.

The Houma-Thibodaux-Bayou Cane MSA maintained its traditional position as the lowest unemployment rate in the state, tying the Lafayette MSA at 6.2 percent. Of the two constituent parishes, Terrebonne has a 6.3 percent rate, and Lafourche has a 6.1 percent rate.

Iberia Parish posted a 7.7 percent unemployment rate.

Among parishes similar in size to St. Mary, jobless rates included St. Charles, 8.3 percent; St. John the Baptist, 9.9; Acadia, 7.8; Lincoln, 11.4; Vermilion, 7.5; Vernon, 8.4; and Webster, 9.1.

Double digit unemployment was recorded in East Carroll Parish, which recorded the state’s highest rate at 20.5 percent; as well as West Carroll, Morehouse, Richland, Tensas, Madison, Franklin, Catahoula, Claiborne, Concordia, DeSoto, Allen, Point Coupee, Iberville, West Feliciana, St. Helena, Tangipahoa, Washington, Orleans, St. Bernard, St. James and Natchitoches.

Louisiana’s unemployment rate rose to 7.5 percent in June, as job growth stalled in the state.

The state’s jobless rate rose from 7.2 percent in May as the labor force grew faster than people could find jobs, according to figures released Friday by the Bureau of Labor Statistics.

Louisiana’s unemployment rate in June 2011 was 7.3 percent. The jobless rate fell to 6.9 percent in January, but has been slowly drifting upward since.

The number of unemployed Louisianans rose to 155,400 from 149,700 in May. A year ago, 146,800 people were jobless.

The unemployment rate is calculated by a survey that asks how many people are looking for a job. A second survey each month asks employers how many people are on their payrolls, a measure that many economists look to as their top labor market indicator.

That payroll survey shows the number of nonfarm employees in the state fell by about 1,500 jobs during the month to 1.947 million, but payrolls remained significantly above their June 2011 level. Louisiana’s 2.8 percent growth in payrolls over the year is the second largest, on a percentage basis, behind only North Dakota.

The only state economic sectors that showed employment growth from May to June, according to seasonally adjusted figures, were construction, education and health services, and trade, transportation and utilities. Jobs in financial activities shrank the most sharply.

Overall, jobless levels rose in 27 states, with Nevada retaining the highest rate at 11.6 percent and North Dakota keeping the lowest, falling to 2.9 percent.

The national unemployment rate stayed steady at 8.2 percent in June, and remained below the 9.1 percent level of June 2011.

The broadest measure of those who are unemployed which includes people who are looking for work only sporadically, have given up looking or are working part time because they can’t find a full-time job averaged 13 percent in Louisiana over the 12 months ending March 30, the most recent figures available.

Nationwide, that broad measure averaged 15.6 percent during the same time.

St. Mary Now & Franklin Banner-Tribune

Franklin Banner-Tribune
P.O. Box 566, Franklin, LA 70538
Phone: 337-828-3706
Fax: 337-828-2874

Morgan City Daily Review
P.O. Box 948, Morgan City, LA 70381
Phone: 985-384-8370
Fax: 985-384-4255

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