economy

It's no secret that the state of Louisiana is embroiled in a budget crisis and lawmakers are trying to find solutions as we speak in Baton Rouge, but wasteful spending continues!

Only 5 states have it worse than those of us in Louisiana as far as the economy goes.

Louisiana talk show host Moon Griffon has said that we are living in a Mardi Gras economy, with people everywhere trying to get handouts.

U.S. consumers slowed their spending in September, even as overall income grew at solid pace for the second straight month.

The U.S. economy expanded at a 2.8 percent annual rate from July through September, a surprising sign of strength ahead of the 16-day partial government shutdown. Exports rose, businesses stocked up, home construction increased and state and local governments spent at the fastest pace in four years.

You always hear about the importance of a college education. But what may be even more important is what you choose to study.

Job growth in May beat economists' expectations, coming in at 175,000 new positions added, which aligns closely with the yearly average. The unemployment rate rose ever so slightly, from 7.5 percent to 7.6 percent, a result of more people entering the work force, according to the Labor Department.

The economy added 165,000 jobs in April, bringing the overall unemployment rate down a tick to 7.5 percent. The monthly report from the Labor Department also included upward revisions to the last two reports, helping to ease fears of a slowdown.

After last week's disappointing March jobs report, the Department of Labor released some rather encouraging news on Thursday.

Job growth appeared to slow drastically during March, as employers added 88,000 new jobs, down from 268,000 in February. The unemployment rate went down a tick, from 7.7 percent to 7.6, but that was due to a reduction in the labor force.