New weekly unemployment insurance claims have come down slightly from last week's record-setting levels. Looking at the unemployment insurance data and data on confirmed COVID-19 cases, Louisiana is being severely impacted from both a health and economic perspective. read more »
New Orleans
Lousiana in the Bullseye of the COVID-19 Economic Crisis
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Making Waves on the Third Coast
If you’re looking for some good news in the U.S. economy, you might want to head to the warm, energy rich Gulf Coast. You wouldn’t be alone in making that move; over the past decade the “Third Coast”—extending from south Texas to the Gulf of Mexico—enjoyed 12% job growth, or about twice the national average.
This is remarkable given that the region was socked with several devastating hurricanes, including Katrina in 2005. New Orleans’ population, for instance, is still well below its pre-Katrina level, although now gaining steadily. read more »
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