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New Orleans jobless rate is nation's lowest, Labor Department reports
The Times-Picayune ^
| April 07, 2010, 8:12PM
| AP
Posted on 04/08/2010 10:58:30 AM PDT by Mila
New Orleans has the lowest jobless rate in the country, according to an employment report released Wednesday by the U.S. Department of Labor.
The unemployment rate in the city fell to 6.5 percent in February, from 7.9 percent in January and 6.8 percent in December. That gave it the lowest rate in the country among metropolitan areas with 1 million or more people, the department said.
The report found that unemployment rates fell or remained unchanged in two-thirds of the 372 largest U.S. metro areas in February. In fact, the eight U.S. metro areas showing the greatest improvement in unemployment in February were all in Louisiana: New Orleans, Lake Charles, Alexandria, Lafayette and several other metro areas all saw joblessness drop sharply.
(Excerpt) Read more at nola.com ...
TOPICS: Business/Economy; Government; News/Current Events; US: Louisiana
KEYWORDS: neworleans; unemploymentrate
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1
posted on
04/08/2010 10:58:30 AM PDT
by
Mila
To: Mila
Can we stop feeling sorry for them now?
2
posted on
04/08/2010 10:59:19 AM PDT
by
neodad
(USS Vincennes (CG 49) "Freedom's Fortress")
To: Mila
so we can take back the Louisiana Purchase then?
3
posted on
04/08/2010 11:00:36 AM PDT
by
bigbob
To: Mila
All the deadbeats are in Texas getting their rent paid by the taxpayers.
4
posted on
04/08/2010 11:01:14 AM PDT
by
GeronL
(There is only a "Happily ever after" for you if you're the one writing your own script)
To: Mila
Did it drop because a bunch of them went on welfare?
5
posted on
04/08/2010 11:01:25 AM PDT
by
American Quilter
(The Democrats are deliberately destroying America. They must be destroyed in turn.)
To: Mila
No evacuee will move back without a job. Workin’ fo’ a livin’ is hard.
6
posted on
04/08/2010 11:02:32 AM PDT
by
CholeraJoe
(The Last of the Bohicans!)
To: Mila
That’s what happens when all the broke/ unemployed/ unemployable people flee ... the only ones that come back are people with a reason to come back.
SnakeDoc
7
posted on
04/08/2010 11:02:50 AM PDT
by
SnakeDoctor
("The world will know that free men stood against a tyrant [...] that even a god-king can bleed.")
To: Mila
Did the unemployment benefits end in LA and thus they dropped into limbo as far as being counted? Strange all the improvement statewide.
8
posted on
04/08/2010 11:05:50 AM PDT
by
deport
( Texas Primary Run-Off Early Voting ---- April 5, -- April 9, 2010)
To: Mila
Does this include their police force that was paying out checks to officers who didn’t even exist?
9
posted on
04/08/2010 11:06:39 AM PDT
by
a fool in paradise
(VP Biden on Obamacare's passage: "This is a big f-ing deal". grumpygresh: "Repeal the f-ing deal")
To: Mila
This goes along with stats released last week that they are a net plus on population now too, over 2005. But I’m sure we all suspect they’ll live off the armageddon story for at least 20 more years.
To: SnakeDoctor
They're hoping for a Hurricane in Detroit this summer.
11
posted on
04/08/2010 11:10:46 AM PDT
by
Recon Dad
( USMC SSgt Patrick O - 3rd Afghanistan Deployment - Day 170)
To: Mila
The unemployment numbers are generated from those who register and are actively looking for work. No one in NO is actively looking for work, hence their low numbers.
12
posted on
04/08/2010 11:11:23 AM PDT
by
bgill
(The framers of the US Constitution established an entire federal government in 18 pages.)
To: GeronL
all the deadbeats are in Texas....
That was my first thought. The hurricane flushed out a whole lot of flotsam so of course the unemployment rate is not bad.
13
posted on
04/08/2010 11:11:27 AM PDT
by
handmade
To: handmade
14
posted on
04/08/2010 11:12:21 AM PDT
by
GeronL
(There is only a "Happily ever after" for you if you're the one writing your own script)
To: Mila
15
posted on
04/08/2010 11:14:22 AM PDT
by
OrangeHoof
(Washington, we Texans want a divorce!)
To: Mila
The report found that unemployment rates fell or remained unchanged in two-thirds of the 372 largest U.S. metro areas in February. In fact, the eight U.S. metro areas showing the greatest improvement in unemployment in February were all in Louisiana: New Orleans, Lake Charles, Alexandria, Lafayette and several other metro areas all saw joblessness drop sharply. Not a mystery to me. Employers would prefer to invest in the labor markets that are the most free, like Texas or Bobby Jindal's Louisiana.
16
posted on
04/08/2010 11:14:28 AM PDT
by
denydenydeny
("I'm sure this goes against everything you've been taught, but right and wrong do exist"-Dr House)
To: denydenydeny
Yeah, but Jeff Daniels keeps telling me to open my business in Michigan! (LOL).
17
posted on
04/08/2010 11:16:18 AM PDT
by
Clemenza
(Remember our Korean War Veterans)
To: Mila
This obviously doesn’t factor in the ‘given up finding a job’ crowd which is about 25% of the population of New Orleans who also don’t listen to evacuation orders.
To: Mila
You can’t file for unemployment when you have never worked.
19
posted on
04/08/2010 11:21:00 AM PDT
by
MEGoody
(Ye shall know the truth, and the truth shall make you free.)
To: neodad
Serious question [and no offense meant], are welfare recipients counted as “jobless”?
Anywhere?
20
posted on
04/08/2010 11:23:33 AM PDT
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
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