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Fewest Americans collecting jobless aid since 1970
Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years.
BRAC report shows region added 5,200 jobs in February
The Capital Region added 5,200 jobs in February, with seven of eight key industry sectors showing month-over-month gains according to the latest economic indicator report from the Baton Rouge Area Chamber.
US initial jobless claims rise but remain near historic low
The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
Economists see rising risk of recession
Economists see a growing risk of recession as the relentlessly strong U.S. economy whips up inflation, likely bringing a heavy-handed response from the Federal...
2022 Louisiana Survey shows pessimism growing over direction of state
LSU’s 2022 Louisiana Survey finds state residents are most worried about the economy, infrastructure and education, and that confidence in the state government’s ability to solve these problems has dropped to its lowest point since 2004.
US sees highest year-over-year inflation jump since 1981
Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities...
Louisiana has 12th-lowest tax burden at 9% effective rate
Louisiana has the 12th-lowest tax burden compared to other states, with residents taxed at an effective rate of 9%, according to a new report...
Global mergers and acquisitions top $1 trillion in Q1
Companies across the globe announced just over $1 trillion of mergers and acquisitions in the first quarter of 2022, which ended yesterday, according to Refinitiv.
More Americans apply for jobless benefits, though layoffs remain low
More Americans applied for unemployment benefits last week, but layoffs remain at historic lows.
Jobless claims rose by 14,000 to 202,000 for the week ending...
Louisiana employment highest since March 2020
Two years after the pandemic began and despite inflation and the war in Ukraine driving prices up, Louisiana’s employment numbers are at their highest since March 2020, with Baton Rouge adding the second most jobs of any Louisiana metro from January to February.
US weekly jobless claims reach lowest level since 1969
The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength amid rising costs and the ongoing pandemic.
Analysts closely watching for early sign of recession
One of the best-known recession indicators is flashing warning signs on the economy. Yields on longer-term U.S. government bonds are in danger of slipping...
Are high oil prices good or bad for Louisiana?
Are high oil prices, on balance, good or bad for the state? That’s a complex question without an easy answer.
US jobless claims fall as layoffs continue to drop
Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound.
Jobless claims fell by 15,000 to...
Why now is a great time to start your own business
There’s never been a better time to start your own company, Axios reports, which partially explains why America just witnessed the biggest business startup boom of our lifetimes, according to the U.S. census.
Was the $800B PPP worth the cost?
Now, almost two years after the program made its debut, the question is what taxpayers got for the $800 billion.
US initial unemployment claims rise slightly
Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels seen before the coronavirus recession in 2020.
US job openings at near record, adding to price pressures
U.S. businesses posted a near-record level of open jobs in January, a trend that has helped push up worker pay and added to inflationary pressures in the U.S. economy.
Biden to ban Russian oil imports over Ukraine invasion
President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter, the Associated Press reports.
US adds 678,000 jobs in February, another sign of economic health
U.S. employers added a robust 678,000 jobs in February, another gain that underscores the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.
