economy

Latest News
4:07 pm
Thu September 18, 2014

Louisiana Has The Nation's Largest Gender Pay Gap

Louisiana has the nation's largest gender pay gap. Women are paid about two-thirds of what men are paid.

New Census data show that women in Louisiana are paid about two-thirds of what men are paid — the nation's largest gender pay gap.

Figures from 2013 show Mississippi's gap was much smaller: about average nationally, at 77 percent. But average pay for both men and women in Mississippi was the nation's lowest.

In Louisiana, men's pay was in the top half nationally but women's pay ranked 44th among the states and Washington, D.C.

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Latest News
5:19 pm
Wed September 17, 2014

Mississippi River Mayors Announce New Development Fund

The mayor of Dubuque, Iowa was one of 25 mayors in New Orleans Wednesday to announce a new fund of the Mississippi River Cities and Towns Initiative.
Brian Mensching Flickr

The mayor of Dubuque, Iowa, says a new fund will help with seed money for sustainable waterfront development in cities and towns along the Mississippi River.

Roy Buol spoke Wednesday as co-chair of the Mississippi River Cities and Towns Initiative: mayors of 65 riverfront cities and towns in 10 states. Twenty-five of them are meeting in New Orleans.

American Water, of Voorhees, New Jersey, gave $15,000 to start the fund.

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Latest News
7:36 am
Thu September 11, 2014

UNO Study Tracks Drop In Community Banks

A study by the University of New Orleans shows a continued decline in the number of community banks. The drop is a bit slower in New Orleans.

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Latest News
7:42 am
Tue September 9, 2014

New Orleans Job Program Aimed At Disadvantaged Residents

New Orleans is starting a program to help economically disadvantaged residents get work.

Mayor Mitch Landrieu unveiled the program yesterday.

It comes after a report last year by Loyola University that found more than half of working-age black men in the city were unemployed.

The New Orleans Advocate reports details are still being worked out, such as who will run the program and what its budget will be.

Latest News
7:38 am
Tue September 9, 2014

Agreement Reached On Splitting College Incentive Fund

An agreement has been reached on splitting a $40 million higher education incentive fund.

It’s designed to steer money to programs that help fill high-demand jobs.

A council of Louisiana college, economic development and labor officials yesterday approved a plan to divvy up the money among the four college systems.

LSU will get the largest share, about $14.5 million from the Workforce and Innovation for a Stronger Economy Fund.

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Features
4:22 pm
Mon September 8, 2014

City Holds 'Bootcamp' Training For Jobs In Film And TV Production

Bootcamp participants wire themselves for walkie-talkie training.
Kate Richardson WWNO

Since 2002 Louisiana has provided incentives for the film and TV industry. Under the program, the state reimburses 30 percent of production expenses in the form of tax credits.

The city of New Orleans and surrounding parishes run workforce training sessions called Production Assistant Bootcamps. These help ensure that locals get jobs in the entertainment industry. This year's bootcamp took place at the Ashé Cultural Arts Center. 

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Latest News
7:16 am
Fri August 29, 2014

Report Finds Economic Potential For Foreign Students In New Orleans

A study released today by the Brookings Institution shows foreign students attending universities throughout the United States provide a key link to economic growth. The findings show New Orleans has an opportunity to expand its international trade.

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Red River Radio
9:06 am
Thu August 28, 2014

IBM, other tech firms search high and low for native Louisianan techies

A handful of tech firms in the process of hiring hundreds of high-tech workers held an interview event Wednesday in Shreveport.

Originally published on Thu August 28, 2014 10:00 am

A handful of companies that are hiring hundreds of tech workers were handpicked to participate in a hiring event Wednesday at the Shreveport Convention Center.

Officials with Louisiana Economic Development’s workforce development program called FastStart put on a digital jobs interview event for companies like IBM, CGI and CenturyLink.

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Latest News
7:29 am
Wed August 13, 2014

Louisiana Exports Rise In First Half Of 2014

Louisiana exports grew by 9.3 percent to $32.1 billion during the first half of the year. That's according to figures from the World Trade Center of New Orleans.

The export growth — fueled by agriculture and oil and gas goods — enabled Louisiana to remain in sixth place among all of the states, U.S. territories and the District of Columbia. Louisiana accounted for 3.6 percent of the $804 billion in total U.S. exports through midyear.

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Latest News
4:53 pm
Mon July 28, 2014

New Orleans To Host Top Travel Trade Show In 2016

New Orleans will host the largest travel industry show in North America in 2016.
Maitri Flickr

New Orleans will host the largest travel industry show in North America in 2016.

The U.S. Travel Association's show, called IPW, was last held in New Orleans in 2002.

The group had planned to hold the five-day show in Greater Miami and The Beaches. However, the City of Miami Beach Commission decided to renovate and expand its convention center. The three-year project is scheduled to start next year.

Association President and CEO Roger Dow says it's a great reason to have to change venues, and he's sure the organization will return to Miami Beach after the expansion.

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