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Friday, November 22, 2024

BRAC: Capital Region adds 5,200 jobs in August

Business Report

 

Baton Rouge added 5,200 jobs in August, and jobs are up 10,000 year  over year for the Capital Region. However, government hiring drove 70%  of those new jobs, with education and health care making up another 14%  of job gains, according to the latest economic indicators report from the Baton Rouge Area Chamber.  

 

“Even before the pandemic, there was significant demand for health  care workers, and even now the demand persists. Three of the top ten  posted jobs in the Capital Region are health-related, and health care is  the industry with the second highest number of job postings—nearly  2,300 were posted in September alone,” says Andrew Fitzgerald, senior  vice president of business intelligence for BRAC, in a prepared  statement. “The good news is that local higher education institutions  appear to be meeting the moment; for example, Baton Rouge Community  College currently has nearly 2,800 students studying in the field of  health services, most of them in some sort of nursing.”

 

Key findings from this month’s dashboard include:  

 

  • Baton Rouge added 5,200 jobs in August; jobs are up 10,000 year-over-year;
  • Compared to peer metros, Baton Rouge has had the highest rate of job growth over the last two months;  
  • The Capital Region’s unemployment rate fell to 3.4% this month, and it’s been below 4% for much of the past year; 
  • Reduced workplace travel in Baton Rouge aligns with the national average;  
 

See the full report.  

Original source can be found here.

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