The Louisiana unemployment rate has dropped to one of the lowest levels it’s ever been.
According to the Bureau of Labor Statistics, Louisiana has a 4.1% unemployment rate. The seasonally adjusted unemployment rate has dropped for 14 straight months, according to the agency.
The labor force participation rate, which counts the people ages 16 – 64 who are working or actively looking for work, has increased steadily as well as is at nearly 60%, according to the latest figures.
Why Is The Job Market So Good Right Now?
The rosy employment outlook can be attributed to several factors, including the post-COVID-19 pandemic rebound, in which businesses were helped by an influx of cash by the U.S. government.
There are more than 12 million jobs available in the United States right now, which means that workers can pick and choose where they want to work.
This has put pressure on employers to sweetened the pot, so to speak, to lure and retain workers. The emergence of full-time or hybrid remote positions is a direct result of this.
How To Find A Job Right Now
If you’re a jobseeker, there are certain ways you can increase your chances to find work.
- Network: Use your phone contacts or social media followers to reach out to people you may know or those who work at your prospective employers.
- Jobs Websites: Apply on career sites like Indeed.com, Monster.com and LinkedIn.
- Job Fairs: Companies and organizations are hosting job fairs again. Check with your local Department of Labor to see if they have a calendar of events with job fairs listed for your area.
Final Word
It’s one of the best times to be job hunting right now, so you need to take advantage. If you’re looking for employment, here’s how to find a job.
More NolaFi.com:
