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Oct 7, 2009 2:38 PM by Jthibodeaux

Employment forcaste for Louisiana

NEW ORLEANS (AP) - Monroe will add jobs at the fastest pace in Louisiana in 2010 and 2011, while New Orleans will stagger through its post-Hurricane Katrina recovery with the slowest employment growth.

That's the analysis of a group of university economists who issued a two-year forecast of Louisiana job growth on Wednesday.
Louisiana will add 17,800 non-farm jobs in 2010, a growth rate of 0.9 percent, followed by the addition of 18,000 in 2011, another
0.9 percent growth rate, according to the Louisiana Economic Forecast.

Among metro areas, Monroe will be the fastest growing on a percentage basis, while Baton Rouge will add the largest number of
jobs. New Orleans isn't expected to add enough jobs to return to 1980 employment levels.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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