(The Center Square) − Louisiana’s job market showed modest improvement over the past year, but the state’s economy remains mostly stagnant, an LSU Shreveport economist says.
Louisiana’s unemployment rate fell to 4.3% in November, tied for 33rd among the 50 states and lower than the national rate of 4.6%, according to the U.S. Bureau of Labor Statistics. The number of unemployed Louisianans declined to 88,684, down from 96,134 a year earlier, while the state’s labor force was essentially flat year over year, at about 2.08 million.
Douglas White, an economics instructor and director of LSU Shreveport’s Center for Business and Economic Research, said the latest figures fit a broader pattern.
“I’ve heard the phrase ‘muddling through’ – that there doesn’t seem to be strong growth, but there
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