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Louisiana's unemployment rate lowest in 11 years

MGN Online
Posted at 6:46 PM, Jul 19, 2019
and last updated 2019-07-19 19:46:30-04

Gov. John Bel Edwards announced today that Louisiana's unemployment rate saw the biggest drop among the states in the past year and is the lowest rate in 11 years.

Louisiana's seasonally adjusted unemployment rate for June 2019 is 4.3%, which is a .7 of a percentage point decline since June 2018, the largest such drop for any state.

Louisiana's unemployment rate is the lowest it has been since January 2008.

The rate is "a testament to the continued strength of our economy," said Gov. Edwards. "With the highest GDP and personal income in our state's history and the lowest unemployment in 11 years, Louisiana is headed in the right direction."