Louisiana
300,000 quit their jobs in Louisiana in first 5 months of 2022 | New Orleans CityBusiness
A report 300,000 Louisiana employees stop their jobs via the primary 5 months of 2022, together with about 60,000 in Could, in line with the U.S. Bureau of Labor Statistics.
The Could jobs information detailed within the “State Job Openings and Labor Turnover Abstract” launched Wednesday marks the third consecutive month of greater than 60,000 Louisiana employees quitting their jobs.
The seasonally adjusted information reveals the 60,000 Louisiana employees who stop in Could is a decline from 63,000 in March, however the 60,000 mark is important in that it’s solely the fourth time within the final decade Louisiana has reached that threshold, with all 4 instances occurring since September, the Every day Advertiser studies.
The truth in Louisiana follows a nationwide development, and the Bayou State is among the many prime third of states with a resignation price of three.3% during the last yr, in line with a WalletHub evaluation printed Wednesday.
“Thousands and thousands of Individuals are quitting their jobs every month, even within the face of rising inflation,” WalletHub studies. “The incentives out there from altering jobs, in addition to a need to get away from careers impacted most by COVID-19, are two large components driving what’s been dubbed the ‘Nice Resignation.’ Because of this, new job candidates have numerous leverage.”
The WalletHub evaluation locations Louisiana fifteenth nationally for its resignation price. Alaska topped the record with a price of 4.18% during the last yr, whereas the District of Columbia’s 1.93% price was the bottom.
The U.S. Bureau of Labor Statistics information present seven states posted decreases in resignation charges and two posted will increase between April and Could, whereas the nationwide price was little modified.
Whereas the variety of Louisiana employees quitting their jobs is at an all-time excessive, the variety of nonfarm job openings has steadily grown from 146,000 in February to 160,000 in Could.
Louisiana’s job openings price of seven.7% makes it one among solely eight states with charges above 7.6%. Nationally, the speed is 6.9%. Louisiana’s 36.8% enhance in job openings during the last yr is among the many largest within the nation, behind solely California and Massachusetts.
Hiring, in the meantime, has remained pretty constant in 2022 with 98,000 hires in February, 99,000 in March, 88,000 in April, and 92,000 in Could.
Unsurprisingly, layoffs and discharges are at report lows, with 19,000 in Could at about the identical stage as Could 2021.
The 91,000 employees fired or laid off throughout the state to this point in 2022 is about 20,000 fewer than via the primary 5 months of 2021, in line with the Every day Advertiser.
Louisiana’s complete separations for Could was 84,000, the identical determine as a yr in the past. That quantity was 80,000 in February, 87,000 in March, and 83,000 in April.
Louisiana
Lower fees coming to homeowner insurance in Louisiana but premiums still high • Louisiana Illuminator
Homeowners in Louisiana will see a small discount on the fees they pay on top of their property insurance premiums this year.
The Louisiana Citizens Property Insurance Corp. Board of Directors voted Thursday to bring an early end to a 1.36% assessment added to all residential and commercial property insurance policies in the state. Louisiana Citizens is the state-run insurer of last resort for homeowners in environmentally risky areas who cannot find coverage on the private market.
The assessment, which goes toward paying off bonds for debt that Louisiana Citizens incurred from paying claims from hurricanes Katrina and Rita, was originally set to expire in June 2026 but will now end this April.
Gov. Landry signs Temple-backed insurance package
Additionally, those insured through Louisiana Citizens will no longer have to pay a 10% surcharge when they begin a new policy or renew their existing policy this year. The waiver, part of newly enacted legislation, took effect on Jan. 1 and will last for the next three years.
Both changes are part of Insurance Commissioner Tim Temple’s efforts to tame skyrocketing insurance rates in Louisiana.
“When Commissioner Temple took office and became chair of the Citizens Board of Directors, he encouraged our staff to find innovative ways for Louisiana Citizens to operate more efficiently and find savings for policyholders,” Louisiana Citizens CEO Richard Newberry said in a press release. “Our team identified this opportunity and brought it to the board for approval at today’s meeting.”
Although most policyholders will see relatively small savings from the changes, Temple said every little bit helps.
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Louisiana
Centenary College of Louisiana kicked off its year-long bicentennial celebration Wednesday
On a bright and chilly winter day, Centenary College of Louisiana kicked off its bicentennial year with a birthday celebration including a proclamation from the City of Shreveport and music by Centenary choir.
It was a grand start to the bicentennial year. Centenary College of Louisiana president, Dr. Christopher L. Holoman said, “we are really excited to be looking back at 200 years, an amazing history. We are so proud of that, but we are even prouder of what we are going to be in the future.”
Centenary College of Louisiana is a national liberal arts college in the heart of Shreveport. This college is deemed the oldest chartered liberal arts college west of the Mississippi River, founded in 1825.
Holoman said, “200 years is an amazing length of time…Centenary is older than time zones. Centenary is older than golden doodles.”
City of Shreveport mayor, Tom Arceneaux read the citywide proclamation and said, “I am thrilled to be here for more than one reason. One, I’m really glad that Centenary is 200 years old. And two I’m glad to be here 12 days after hip replacement surgery.”
Wednesday’s birthday party is just the start of year-long celebration of special events and gatherings. These events include:
- special exhibit at the College’s Meadows Museum of Art
- festive neighborhood party during the Krewe of Highland Mardi Gras parade
- alumni trip to Centenary’s original campus in Jackson, Louisiana
- campus art stroll showcasing the talents of the Centenary community
The bicentennial commemoration will conclude with a gala event, Spotlight Centenary, in December 2025.
To keep up with all the bicentennial year events visit centenary200.com.
Makenzie Boucher is a reporter with the Shreveport Times. Contact her at mboucher@gannett.com.
SHREVEPORT, LAFAYETTE, MONROE, ALEXANDRIA, LAKE CHARLES La. (KALB) – On January 8, the U.S. Attorney’s office announced that Brandon Brown would resign as as U.S. Attorney for the Western District of Louisiana.
As U.S. Attorney for the Western District of La., Brown acted as the chief law enforcement officer for 42 of 64 parishes in the state, overseeing every federal civil and criminal case in the district.
Brown’s last day in office is set for January 20.
Brown was nominated to the position on November 15, 2021 by President Joe Biden, was confirmed by the Senate on December 7 and sworn in on December 10.
U.S. Attorney Brown released the following statement about his tenure:
During his tenure, Brown became the U.S. Fifth Circuit’s representative on Attorney General Merrick Garland’s Attorney General Advisory Committee (AGAC), which assists the AG in creating policy for each of the 94 districts.
According to the release, U.S. Attorney Brown prosecuted hundreds of firearms cases and set a high priority on those related to drugs, public corruption, child pornography, and human trafficking.
They said due to these efforts, both Monroe and Shreveport saw significant decline in violent crime rates.
Alexander Van Hook will reportedly assume the role of U.S. Attorney for the Western District of Louisiana until a successor can be nominated by the President and confirmed by the Senate.
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