Overall unemployment rate stayed flat at 5.6% with the biggest shift in Transportation & Utilities, which gained 400 roles, based on the most recently available information published in June 2021.
Total employment in the Houma-Thibodaux, LA market rose by 840 jobs in May and the unemployment rate stayed flat. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Houma-Thibodaux, LA unemployment rate is 10 bps above the national rate which is a negative sign.
- Unemployment in the market is 560 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 10.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Transportation & Utilities: 21,900; +400
- Government: 11,800; +100
- Construction, Mining: 9,200; +100
- Restaurants & Hotels: 7,800; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.