Louisiana’s Unemployment Rate Lower Than Nation

On  this  Labor  Day  Holiday,  the  state's  unemployment  rate  is seven-point- nine  percent. 

L-S-U Economist Doctor Loren Scott says Louisiana's economy is solid,  especially  compared with the rest of the country, which has an unemployment rate just above nine-percent.  Scott says recent discoveries of oil and gas  reserves  in Louisiana and  the  declining  price  of  natural gas has spurred a protracted period of growth in the oil, gas  and chemical industries across the state. He says the only sector where there has been a steady loss of jobs is state government.