Overall unemployment rate stayed flat at 3.8% with the biggest shift in Construction, Mining, which gained 200 roles, based on the most recently available information published in April 2022.
Total employment in the Shreveport-Bossier City, LA market rose by 1,624 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Shreveport-Bossier City, LA unemployment rate is 5 bps above the national rate which is a negative sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 0.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Transportation & Utilities: 37,000; +100
- Education & Healthcare: 32,100; no change
- Government: 29,100; -100
- Restaurants & Hotels: 20,600; +100
- Business Services: 17,500; -100
- Construction, Mining: 13,000; +200
- Manufacturing: 9,800; +100
- Financial Services: 7,500; +100
- Other Jobs: 6,400; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.