LA oil and gas struggles to bounce back with 1,800 jobs lost in January

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The latest job numbers for Louisiana’s oil and gas show the industry is not bouncing back as quickly as expected.

The industry lost 1,800 jobs in January, according to the Louisiana Workforce Commission.

Louisiana’s job market remains one of the lowest in the country with an unemployment rate of 5.9, the fourth worst in the nation. With the price of oil teetering around $50 a barrel for nearly a year, the struggling oil and gas industry takes the brunt of the blame…

 

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Posted in: LOGA News

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