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Louisiana's jobless rate stays low while economy continues to shrink; economist explains why

Por: The Advocate Business September 30, 2022

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A slowdown in Louisiana's construction and manufacturing industries was partly to blame for in the , raising concerns about how workers and businesses will fare through the rest of the year.Louisiana's real gross domestic product, a key measurement of the state's economic output adjusted for inflation, shrank 3% in the three months that ended in June, according to the .The drop followed an 8.9% contraction in the first quarter,... + full article



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