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Louisiana Public Square
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Video Playlist:

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02/09 - Economic Development 2009

What effect will falling energy prices have on the state’s economy?

At the end of 2008, Louisiana found itself with an increase in its employment figures and an improving unemployment rate. But how long can the state remain insulated from the national recession? What effect will falling energy prices have on the state’s economy? Which industries provide the best hope for future job growth? Louisiana Public Square goes on the road to Monroe to look at what’s working and what challenges lay ahead on “Economic Development 2009,” Wednesday, February 25th at 7 pm.

Panelists:

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Monroe Mayor James E. "Jamie" Mayo
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Louisiana Economic Development Secretary, Stephen Moret
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Dave Norris, Jr., Director of the Louisiana Tech Enterprise Center
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State Senator Francis Thompson (D) representing District 34 in Northeast Louisiana

Backgrounder

When compared to the rest of the nation, Louisiana’s economy seems do be doing relatively well. Since the start of the recession in December 2007, the national economy has lost 3.6 million jobs. About one-half of this decline occurred in the past three months. But at the end of 2008, Louisiana was the only state in the nation to gain nonfarm jobs – 3,700 citizens were employed during November.

Other recent successes:

During 2008, Louisiana had a net gain of 8,500 jobs, a 0.4 percent increase from 2007.
For the same 12 month period the U.S. experienced a 1.4 percent decrease in jobs while the South saw a decrease of 0.4 percent.

All regions of Louisiana have seen job growth over the last year:

* Southeast +1.6%
* Central +1.3%
* Capital +1.2%
* Bayou +1.2 %
* Southwest +1.2%
* Northeast +0.9%
* Acadiana +0.9%
* Northwest +0.8%

...Read Full Backgrounder

Our Panelists:

This program was also funded in part by the Louisiana Forestry Association

We want to know your opinion! Leave your comments in the box below.


I’m tired of us, the people, buying golf courses, lakes and neighborhood developments and calling it economic development. It’s not! Give tax credits to companies that are already here and new companies to get them to come. THAT is economic development, not paying new companies to come here.
We also have too many state employees per capita. Lay some of them off. Yes I know that increases unemployment but I see plenty of “now hiring” signs up everywhere in northwest La. They will get work.
I have to tighten my belt. The state will tighten it’s belt, again, simple!

Posted by TKTPLZ  on  10/27  at  09:05 PM
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Current Topic


07/16 - Regular and Extraordinary: Legislative Review

Who are the winners and losers in Louisiana’s budget battle?

After one regular session and two extraordinary ones, Louisiana’s Legislature has produced a balanced budget, but, at what cost? Who are the winners and losers in this year’s budget battle? And how can the state’s tax structure be reformed to avoid a future budget crisis? Louisiana Public Square looks for answers on “Regular & Extraordinary: Legislative Review” Wednesday, July 13 at 7 pm on LPB HD. (Recording Tuesday, July 12)

Learn More!

(0) Comments
 

Coming Soon!


08/16 - Black & The Blue

Can community policing change perceptions among the police and the public they serve?

Recent Topics


06/16 - Symbol or Statement? History in Public Spaces (encore)

Is the display of Civil War statues in public justified or do they belong only in museums?


05/16 - Louisiana Veterans Coming Home

What challenges do our returning veterans face?


04/16 - Opiates & the Bayou State

How is Louisiana tackling this serious addiction epidemic?


03/16 - Justice on Hold: Louisiana’s Public Defender Shortage

How serious of a problem is the shortage of public defenders in Louisiana?

»»» View all Topics!
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