- Associated Press - Saturday, May 20, 2017

NEW ORLEANS (AP) - Louisiana’s unemployment rate ticked back up to 5.8 percent in April from 5.7 percent in March, as more people entered the labor force than could find jobs.

The jobless rate remained below last April’s 6.2 percent.

A total of 123,000 Louisianans were jobless, up 3,000 from March, but below the 133,000 in April 2016.

Louisiana’s jobless rate is third-highest among states, with New Mexico worst at 6.7 percent.

The nationwide rate fell to 4.4 percent in April from March’s 4.5 percent.

A separate survey showed employer payrolls rose slightly to 1.97 million in April, after dropping sharply in March. Considered by many economists’ top labor market indicators, payrolls remained slightly below last year’s level, a sign of economic weakness.

The U.S. Labor Department released figures Friday, adjusted to cancel out seasonal changes.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide