Link to Unemployment rate rising in Louisiana’s big cities (opens in new window)

Unemployment in the Lafayette metro area ticked up .4 points in 2022. The region also saw the sharpest decline in labor force in the state, shedding 1,700 workers.

All of Louisiana’s nine metro areas’ unemployment rates increased from November to December 2022 as well, with the state seeing its rate increase for the first time since the beginning of the COVID-19 pandemic.

Source: The Advertiser

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 […]

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News + Notes

Lafayette job market among the nation’s most at risk

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.

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