Your Community Newspaper - Larose, LA

Serving Raceland, Gheens, Lockport, Valentine, Larose, Cut Off, Galliano, Golden Meadow, Leeville, & Grand Isle

Sunday, September 16, 2018



Share This Article:

Area loses another 1,800 jobs in January

Area loses another 1,800 jobs in January

Houma-Thibodaux lost 1,800 jobs in January and a total of 6,600 jobs over the past year, new figures show.

The loss of jobs moved Houma-Thibodaux's unemployment rate to 6.8 percent, up from 6.1 in December and 6.7 in January 2016, according to the latest figures released Monday by the Louisiana Workforce Commission.

The number of unemployed people in the area increased by 600 during January to a total of 6,020. The numbers show an increase in people looking for work in the area, as a person has to be actively looking for work locally to be counted as unemployed. The Houma-Thibodaux metro area includes Lafourche and Terrebonne Parishes.

Houma-Thibodaux's workforce totaled 85,200 in January, down from 87,000 in December and 91,800 in January 2016.

A global crude oil glut and resulting low prices sparked layoffs and work slowdowns in the Houma-Thibodaux region. Earlier LWC reports show the area has lost 11,000 jobs since September 2014.

Louisiana's jobless rate, not adjusted for seasonal variations, was 6.1 percent in January, up from 5.4 in December but down from 6.4 in January 2016.

The U.S. unemployment rate was 5.1 percent for January, up from 4.5 percent in December and down from 5.3 percent in January 2016.

The new report also offered the following job-specific statistics:

- The month of January saw 100 jobs directly involved with oil and gas production and exploration lost, with total employment in that category now at 5,300. The field has lost 1,400 jobs over the year, and January was the 24th consecutive month with an over-the-year loss

- Oilfield service jobs employed 4,500 people in December, down 100 from December and 1,300 for the year.

- Another oilfield-related category called "support activities for transportation," which includes mostly jobs in the area's offshore maritime industry, employed 4,400 people in January. The sector did not add or lose jobs during the month but is still down 1,000 jobs from the previous year.

- Administrative and support services, which also includes mostly oilfield-related workers, employed 3,200 people locally in January, down 200 from a month ago and 300 from a year ago.

Lafourche's unemployment rate was 6.6 percent in January, up from 5.7 percent in December and 6.3 percent in January 2016.

Terrebonne's jobless rate was 7.1 percent in January, up from 6.4 percent in December and 7.0 percent in January 2016.