Houma-Thibodaux gains 900 jobs in May as pandemic recovery continues

Houma-Thibodaux gained 900 jobs in May and is up 4,000 compared to a year earlier, a new report shows.

The yearly gain, however, results not from any major growth in the local economy but because May 2020 was one of the worst for job losses due to the COVID-19 pandemic. Specifically, it was the first full month of state restrictions on social gatherings and business aimed at curbing the virus’s spread.

As a result, Houma-Thibodaux’s May 2020 unemployment rate skyrocketed to 11.2%.

The metro area, comprised of Terrebonne and Lafourche parishes, posted a 5.6% jobless rate in May, no change from April, according to a report released last week by the Louisiana Workforce Commission.

Houma-Thibodaux economy:Houma-Thibodaux area businesses grapple with labor shortage

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