Today the Pelican Institute for Public Policy, in cooperation with The Liberty Foundation, offers new data focusing on the Labor Force Participation Rate (LFPR), with a special focus on gender and minority groups.
Thumbtack.com, in partnership with the Ewing Marion Kauffman Foundation, has released the second-annual Thumbtack.com Small Business Friendliness Survey showing that small businesses rated Louisiana among the most business friendly states, particularly in terms of its training programs and labor regulations.
The proposed Labor Department budget for fiscal year 2013 includes money for 35 new investigators to dig through business records and go after employers and employees who contract independently.
Unemployment remains a major concern throughout the state of Louisiana and the nation as a whole. While the jobs situation in Louisiana is somewhat better than the national average, the unemployment rate for working-age teens (16-19) is astronomical and bodes ill for the future of Louisiana’s youth.