BusinessWednesday, October 28
The Capital Region added 13,700 jobs in a year, led by construction
The Daily Baton Rouge team
The Greater Baton Rouge Economic Partnership says the region has record-high employment and the fastest job growth among comparable metros. Its third-quarter report counts 442,500 nonfarm jobs in July, a 3.2% gain over the year.
The region's job numbers hit records
- 13,700
- jobs added over the past year
- 58,700
- construction jobs, a record
- 3.5%
- unemployment in August, the lowest on record
Source: WBRZ
Construction is the engine, with Hut 8's data center in West Feliciana Parish and Hyundai Steel's mill in Ascension Parish. Andrew Fitzgerald of the partnership told the Louisiana Radio Network some workers are moving here, and more locals are training in two-year and certificate programs.
- Private weekly earnings: $1,236.65, first among Louisiana metros
- Pay growth: 5.5% over the past year
- Unemployment claims: down 29% from last year
12,300new construction workers in the Capital Region
Fitzgerald says that's just the construction sector, which now tops 58,000 jobs.
Source: louisianaradionetwork.com
Sources: louisianaradionetwork.com, WBRZ