Overall unemployment rate moved down to 2.9% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in December 2022.

Total employment in the Houma-Thibodaux, LA market rose by 45 jobs in October and the unemployment rate decreased compared to the prior month by 50 bps to 2.9%. The national unemployment rate increased by 8 bps over the same time to 3.4%.

  • Houma-Thibodaux, LA unemployment rate is 50 bps below the national rate which is a positive sign.
  • Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in October versus prior month by 26% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Houma-Thibodaux, LA Unemployment October 2022

For key employment segments of the market, total jobs declined by -0.5%. Key sectors include:

  • Transportation & Utilities: 21,600; -200
  • Government: 10,100; +100
  • Construction, Mining: 9,800; -100
Houma-Thibodaux, LA Unemployment by Industry October 2022

Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.