One-year boost expanded job total to 552,000

Posted on: July 27 2014 | Posted in: Latest News
BY BILL LODGE THE ADVOCATE

Nonfarm employment in the New Orleans metropolitan area increased by 8,100 jobs for the year ended June 30.

That one-year boost of 1.5 percent expanded the New Orleans area’s rebounding job total to 552,000, according to seasonally unadjusted numbers released Friday by the Louisiana Workforce Commission.

“Southeastern Louisiana appears to be entering a phase of growth unseen for decades,” said Michael Hecht, president and chief executive officer of Greater New Orleans Inc.

Hecht said the region’s economy is “underpinned by both oil and natural gas, supported by trade and advanced manufacturing and augmented further by technology and other new industries, like water management.

“Greater New Orleans has an exceptional opportunity for diversified job creation in the coming years. It is now our responsibility to make investments in training and infrastructure to maximize this economic opportunity.”

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