Baton Rouge Area Jobs Up 6,000 Year-Over-Year 

BRAC releases economic updates in monthly dashboard 

Baton Rouge, LA (March 21, 2024) – The Baton Rouge Area gained nearly 6,000 jobs year-over-year between January 2023 and January 2024 according to the monthly economic indicator dashboard released today by the Baton Rouge Area Chamber (BRAC). The dashboard, which examines and analyzes the state of the regional economy, can be downloaded directly here.   

“New population numbers out this month show that the Capital Region, including five of its nine parishes, grew in 2023,” said Jake Polansky, BRAC manager of economic policy and research. “While population growth was modest, labor force growth over that timeframe was impressive: the number of people either working or seeking work grew almost six times as much as the region’s population. This shows the regional economy is not only attracting new workers from elsewhere but it’s also bringing current residents back into the workforce.” 

Key findings from this month’s dashboard include:  

  • The Capital Region has nearly 6,000 more jobs than it did a year ago, while unemployment ticked up to its highest level since June; 
  • Baton Rouge had as many leisure & hospitality jobs this month as it did in January 2020, right before COVID upended the sector; 
  • Unemployment increased in all peer metros in January, likely due to holiday seasonal employment ending; 
  • Job postings have increased in two of the last three months, and several jobs are showing greater demand now than they were a year ago; 
  • Hotel occupancy and revenues are higher when the Capital Region hosts conventions and other events; and, 
  • Median selling price, number of homes sold, and available inventory are all up for homes in the Capital Region. 

BRAC’s Economic Indicator Dashboard looks at several data points to illustrate the economy’s current state. With data from a number of regional stakeholders, the dashboard is the most real-time analysis of the Baton Rouge metro economy available.  

Riverbend Research, BRAC’s standalone research consulting firm, provides custom research services on a competitive fee-for-service basis, including labor market research, economic impact modeling, demographic and economic data, and general research and consulting. Interested businesses can learn more or submit research project requests at riverbendresearch.org

About the Baton Rouge Area Chamber   

The Baton Rouge Area Chamber (BRAC) is an aggressively ambitious regional economic development organization with a bias for action. BRAC seeks to push Baton Rouge beyond the status quo, unleash its potential, and support a vibrant business community that believes the finish line does not exist. BRAC seeks to accelerate economic opportunity in the Baton Rouge Area, for everyone, through BRING IT! Baton Rouge, its five-year, regional strategic plan. Learn more about BRAC at brac.org

### 

Scroll to Top