Gov. John Bel Edwards announced Tuesday that the state’s unemployment rate declined for the eighth consecutive month to 4.6 percent.
The last time the unemployment figure was lower was in March of 2008.
As a further sign of improvement, today Louisiana’s unemployment rate ranks 37th in the nation compared to 46th in January 2016 when Gov. Edwards took office.
Gov. Edwards said, “Louisiana’s economy continues to improve, and we are making tremendous progress in putting our people back to work. We are also seeing signs of wage growth in a number of sectors of employment. These unemployment figures are evidence that we are headed in the right direction, but I know we still have a lot of work left to do. If we can continue to make critical investments in workforce development and education, I am confident that we will be able to attract more business opportunities to our state like DXC Technology – the largest economic development project in the state’s history and the secondbest project in the entire country in 2017.”