Louisiana bucks national unemployment trend
by CityBusiness staff reports
BATON ROUGE - Louisiana was the only state where the unemployment rate dropped from December to January, according to statistics released today by the Federal Bureau of Labor Statistics.
Louisiana's rate fell to 5.1 percent from 5.5 percent. The January unemployment rate for the U.S. was 7.6 percent, up from 7.2 percent in December.
But the new data show a loss of 12,300 jobs and a decline in the labor force from December to January in the state.
12,300 jobs lost = "We're still bucking the trend!"
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