economy

First-time claims for unemployment insurance in Louisiana for the week ending June 28 decreased from the previous week's total.

The state labor department figures released Monday show the initial claims decreased to 2,577 from the previous week's total of 2,604. For the comparable week a year earlier, there were 3,027.

The four-week moving average, which is a less volatile measure of claims, decreased to 2,791 from the previous week's total of 2,891.

A new report finds New Orleans lagging behind in attracting foreign investment. It says the region is losing jobs and the wider financial benefits that come along with international money.

 

The Brookings Institution's latest analysis of metro economic data, "The Extent and Impact of U.S. Infrastructure jobs," focuses on infrastructure employment for the first time.

The Baton Rouge area is ranked 15th nationally for the share of overall employment made up by infrastructure jobs. 


Erin Krall / WWNO

A report released Friday by the Brookings Institution shows New Orleans as having one of the leading workforces in infrastructure business in the nation. The jobs that fall under that new category are paying high wages and are expected to last for several years.

Janaya Williams / WWNO

A statewide bill to increase the minimum wage failed in Baton Rouge last week. Now, Louisiana workers are taking the issue to the federal level.

A group of mostly restaurant workers gathered in front of the New Orleans office of Senator Mary Landrieu on Monday to deliver a simple message: Minimum wage earners work hard, but often struggle to make ends meet.

The Bossier Chamber of Commerce will host an energy analyst Wednesday who will give a forecast on natural gas development in northwest Louisiana and across the nation.

Matthew Koch, vice president of the U.S. Chamber of Commerce’s institute for 21st Century Energy, says natural gas is well positioned to lead the U.S. energy sector.

Chemical companies rely on it and demand from exports is brisk, according to Koch. With Louisiana’s energy infrastructure in place, he says the Haynesville Shale natural gas deposit will be busy again.

The House Labor Committee heard and rejected several bills Thursday, aimed at setting a state minimum wage higher than the current federal minimum of $7.25 an hour.

Arthur Belala / Wikimedia Commons

A study commissioned by an environmental group says funding the state's multi-billion-dollar, 50-year plan for coastal protection and restoration would create anywhere from 109,000 to 212,000 permanent jobs while spurring the economy with billions in spending related to the projects.

The annual assessment by the economic development group Greater New Orleans, Inc. comes as one of its priority projects — reforming flood insurance — sailed through the U.S. Senate. The organization is also celebrating what it sees as a glowing economic climate for southeast Louisiana.

Hollywood South Casting Finds Local Talent, Anywhere

Dec 9, 2013
Allen Murabayashi

Thanks to today’s technology, we can now do many things without leaving the comfort of our homes.  That now includes becoming a movie star. Casting director James Bearb, founder and CEO of Hollywood South Casting discusses this evolving facet of the film industry.  

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