Few will admit it out loud: What has been Lafayette’s most important economic sector will likely never recover the ground it lost.
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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.
Projections by the St Louis Federal Reserve Bank rank the Lafayette metro area as having the 20th highest percentage of jobs at high risk of unemployment due to the coronavirus out of the 150 largest metro areas in the country.
Louisiana Economic Development is hosting a career fair in Baton Rouge to help CGI fill the 400 new jobs the consulting giant is creating in Lafayette. In January, LED hosted a job fair to help IBM recruit people in Lafayette to work in Baton Rouge.
At a job fair tomorrow at South Louisiana Community College IBM will try to recruit people to move from Lafayette to Baton Rouge with the help with LED.