EconomyTuesday, October 27
The Baton Rouge area hit a record 442,500 jobs in July, a new regional report says
The Daily Baton Rouge team
If you've noticed more hard hats around town, the numbers back you up. The Greater Baton Rouge Economic Partnership's third-quarter report says the Capital Area recorded a record 442,500 nonfarm jobs in July. Construction reached a record 58,700 jobs.
The Capital Area's job count set records
- 442,500
- nonfarm jobs in July, a record
- 58,700
- construction jobs, a record
- 13,700
- jobs added over the past year
Sources: WBRZ, brproud.com
Louisiana First reports the report credits two big projects for the construction uptick: the Hut 8 data center in West Feliciana Parish and the Hyundai Steel mill in Ascension Parish. Job applications for the Hyundai plant have opened.
Two big projects are credited with the construction job growth
Source: brproud.com
View as table
| Value | |
|---|---|
| Hut 8 data center | $10 billion |
| Hyundai Steel mill | $5.8 billion |
- Unemployment: 3.5% in August, the lowest rate on record
- Unemployment claims: down 29% from last year
- Private weekly earnings: $1,236.65, first among Louisiana metros
- Pay growth: 5.5% over the past year
Sources: WBRZ, brproud.com