Department of Numbers

Lafayette, Louisiana Unemployment

The BLS reported that the unemployment rate for Lafayette rose 0.2 percentage points in January 2020 to 5.0%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Louisiana rate. The unemployment rate in Lafayette peaked in October 2010 at 7.3% and is now 2.3 percentage points lower. From a post peak low of 4.2% in May 2019, the unemployment rate has now grown by 0.8 percentage points. You can also compare Lafayette unemployment with unemployment in other cities.

Unemployment Rate January 2020 Month/Month Year/Year
National 3.6% +0.1 -0.4
Louisiana 5.3% +0.1 +0.6
Lafayette 5.0% +0.2 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2020 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Lafayette, Louisiana, National

Lafayette, Louisiana monthly unemployment rate chart

Note: Recessions shown in gray.

Lafayette, Louisiana Unemployed

The number of people unemployed in Lafayette peaked in November 2010 at 16,305. There are now 5,683 fewer people unemployed in the metropolitan area. From a recent trough of 8,977 in June 2019, the number of unemployed has now grown by 1,645.

Unemployed Persons January 2020 Month/Month Year/Year
Lafayette 10,622 +330 +346

Number of Unemployed Persons

Lafayette, Louisiana Unemployment History

Date National
Unemployment Rate
Louisiana
Unemployment Rate
Lafayette
Unemployment Rate
Lafayette
Unemployed
February
2020
3.5%
January
2020
3.6% 5.3% 5.0% 10,622
December
2019
3.5% 5.2% 4.8% 10,292
November
2019
3.5% 5.2% 4.6% 9,862
October
2019
3.6% 5.2% 4.5% 9,474
September
2019
3.5% 5.1% 4.3% 9,205
August
2019
3.7% 4.9% 4.3% 9,095
July
2019
3.7% 4.7% 4.3% 9,047
June
2019
3.7% 4.6% 4.2% 8,977
May
2019
3.6% 4.5% 4.2% 9,003
April
2019
3.6% 4.5% 4.4% 9,251
March
2019
3.8% 4.5% 4.6% 9,728

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.