Economy

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COLUMN: Cutting quality of life services will backfire, hurting Lafayette’s economy for years to come

In order to be economically competitive as a city, Lafayette needs to offer quality of life amenities. In the rush to cut budgets, Mayor-President Guillory is putting the city’s quality of life at risk, reducing its ability to retain and attract people, especially young families.

10 min read
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Column: Lafayette’s economy needs a mask mandate now

Lafayette’s economy can’t get healthy if its people aren’t healthy. The only way to slow the spread of this coronavirus is to get 80-90% of people to wear masks or to shut the everything back down again. Faced with those options, Lafayette needs to do everything in its power to get people to wear masks, not just to save lives but to save our economy.

6 min read
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COLUMN: It’s time for Lafayette to take its housing crisis seriously

Lafayette is facing a severe housing crisis, with thousands of people at risk of losing their homes. This crisis started before the pandemic, but the coronavirus and its impact on our economy has just added fuel to a fire that’s now threatening to rage through our community.

6 min read
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Category: News + Notes
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Lafayette metro projected to lead state in job losses

The gist: A new economic forecast projects that the Lafayette metro area will lead the state in jobs lost from the first quarter of this year to the second. Modeling by economist Gary Wagner of UL Lafayette’s B.I. Moody III College of Business Administration shows the area recovering less than 10% of those jobs over the next 18 months.

4 min read
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Category: News + Notes
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Worst-case scenario projections show Lafayette metro area losing 60,000 jobs during pandemic

Projections from local and national analysts warn that unemployment could hit 30% or more in the coming months due to the coronavirus. Lafayette is especially vulnerable because of the fall of oil and gas. Tens of thousands could be out of work by summertime.

5 min read
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