Louisiana Sees 10-Month Increase in Not Seasonally Adjusted Nonfarm Jobs

August 29, 2018

Louisiana’s not seasonally adjusted nonfarm employment increased by 26,000 jobs from July 2017 to 1,980,200, marking 10 consecutive months of increases, the Louisiana Workforce Commission reported.

Over the same time period, not seasonally adjusted private sector employment increased by 28,500 jobs. This is also the tenth straight over-the-year increase.

From July 2017, the number of not seasonally adjusted employed individuals increased by 17,084 to 2,033,470. From June 2018, the number of not seasonally adjusted employed people increased by 8,937. The number of not seasonally adjusted unemployed individuals decreased by 3,781 from June 2018.

The not seasonally adjusted civilian labor force, or the number of people of who employed in addition to those looking for work increased by 24,271 since July 2017 to 2,160,283. From June 2018, the not seasonally adjusted civilian labor force increased by 5,156.

The not seasonally adjusted unemployment rate decreased 0.2 percentage points from June 2018 to 5.9 percent.

Job and employment trends data are often difficult to understand because there are two different types of data sets used: seasonal and non-seasonal. Seasonal adjustment works to measure and remove the influences of predictable seasonal patterns to reveal how employment and unemployment figures change from month to month. Not seasonally adjusted data retains seasonal employment trends.

Source: LWC

Topics Talent Louisiana

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