Area ranks seventh nationally in job growth

Staff reports

BATON ROUGE – The regional economy ranked seventh out of 372 U.S. metro areas, according to the Bureau of Labor Statistics.

From July 2008 to July 2009, the Baton Rouge area gained 700 jobs, primarily in the goods-producing sector.

The area is 11th in the nation for percentage increase in jobs.

The unemployment rate in July was 7.3 percent, a 0.1 percent decrease from June.

The national unemployment rate is 9.7 percent.

“Our number seven ranking is a monumental feat in this recessionary time and continues to tell the story of a strong Baton Rouge region economy,” said President and CEO of the Baton Rouge Area Chamber Adam Knapp. “The capital region is maintaining a steady growth of jobs in higher-wage, goods-producing sectors. These positive metrics are favorable for a growing economy.”

The Baton Rouge area’s unemployment percentage was ranked as the 29th lowest among U.S. metros.