St. Mary Parish jobless rate rises
BATON ROUGE, La. — St. Mary Parish’s unemployment rate in May of 7.6 percent was up from April’s 6.9 percent and slightly below the 7.7 percent rate in May a year ago, according to the federal Bureau of Labor Statistics.
The surge in the jobless rate mirrors that of the state that rose to 7 percent in May from 6.5 percent in May 2012.
The unemployment numbers are not adjusted for seasonal factors such as weather and holidays.
Nonfarm employment grew in Louisiana in May to 1,956,800, with the private sector growing by 1.6 percent over the year, the report released today stated. Total nonfarm employment increased by 19,400 over the year and 4,500 over the month.
Private sector employers continued to account for the growth, with 24,600 private sector jobs added over the year and 5,700 jobs added over the month. Those not seasonally adjusted gains offset losses in total government employment, which was 347,800 in May, down 5,200 over the year and 1,200 over the month.
There were 21,647 people employed and 1,777 unemployed in St. Mary Parish in May. In May 2012, there were 21,570 people employed and 1,795 unemployed.
Curt Eysink, Louisiana Workforce Commission executive director, said, “The key trend is that private sector employers are continuing to hire and create new jobs, while some major industries are ramping up for expansions.”
The number of people employed plus those looking for work — grew to 2,107,914, an increase of 17,800 over the year and 24,260 over the month.
The number of employed grew to 1,961,135 in May, up 7,500 over the year and 6,525 over the month. The number of unemployed was 146,779, up 10,300 over the year and 17,735 over the month.
Louisiana’s not seasonally adjusted unemployment rate for May was 7 percent, an increase of 0.5 percent over the year and 0.8 percent over the month. The national rate in May was 7.3 percent, a decrease of 0.6 percent over the year and an increase of 0.2 percent over the month.
Not seasonally adjusted unemployment rates increased over the year in all Louisiana metropolitan statistical areas:
— Alexandria, 7 percent, up from 6.5 percent in May 2012;
— Baton Rouge, 6.8 percent, up from 6.5 percent;
— Houma, 5.1 percent, up from 4.7 percent;
— Lafayette, 5.3 percent, up from 4.9 percent;
— Lake Charles, 6.3 percent, up from 6.2 percent;
— Monroe, 7.5 percent, up from 7 percent;
— New Orleans, 7 percent, up from 6.6 percent;
— Shreveport, 7.3 percent, up from 6.5 percent.