News Article

Louisiana’s job growth over last 12 months the biggest since the late ’90s, economist says

The job growth over the last four quarters in Louisiana was the biggest in nearly 20 years, one economist noted.

The state gained nearly 40,000 jobs over the previous 12 months, the largest gain since 1996-1997, and is expected to gain at least another 27,000 over the next 12 months, according to data compiled by Gary Wagner, Acadiana Business Economist with the University of Louisiana at Lafayette, in his quarterly Louisiana Economic Activity Forecast.

The outlook for the state and the U.S. has improved in the last three months as inflation-adjusted gross domestic product growth is expected to be at 1.5% in Louisiana and 1.7% in the U.S.

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