Overall unemployment rate moved down to 5.6% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in June 2021.
Total employment in the Houma-Thibodaux, LA market rose by 31 jobs in April and the unemployment rate decreased compared to the prior month by 40 bps to 5.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Houma-Thibodaux, LA unemployment rate is 15 bps below the national rate which is a positive sign.
- Unemployment in the market is 530 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 5.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 21,600; +200
- Government: 11,700; -100
- Construction, Mining: 9,200; +100
- Restaurants & Hotels: 7,800; +100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.