“If you had to guess what metropolitan area that would be concentrated in, most people would say baton Rouge, because that’s where state government is headquartered, and two state universities are located. But government employment in the Baton Rouge area rose 300,” he said.
New Orleans, “the next place you’d look,” lost 1,700 government jobs. “That leaves an awful lot left over — and it’s not clear where those losses were,” Scott said.More government losses are likely on the way, as Gov. Bobby Jindal announced today a proposal to eliminate 4,000 state jobs — half of which are currently filled — and Baton Rouge could be hard hit this time.
“Both Lafayette and Houma not only had job growth, they had good job growth. Houma had off-the-charts good job growth — they increased 4.2 percent. This is very different from what we anticipated,” Scott said Thursday.
He wasn’t sure where the jobs were coming from. One possibility is that oil and gas companies already are hiring people to plug nearly 3,500 nonproducing wells and dismantle about 650 production platforms that are no longer used.
“My back-of-the-envelope estimate is that’s going to cost about $3.8 billion. That’s a lot of money,” he said. But he didn’t know whether that was happening.
Read the AP story here.
Back in October, Scott did not think the Obama administration’s new requirement that all Gulf of Mexico oil wells and platforms not in use in the past five years be inspected, re-capped and dismantled would have much of a net impact here. There are some 3,500 abandoned wells and 650 oil platforms affected by the measure.
“It will create jobs in some sectors, but remember it is a direct hit to the bottom line of exploration companies — dollars they could be using more efficiently for exploration purposes,” Scott said at the time. “While good news for some service companies, it is totally bad news for the exploration side. It is a demand also based on bad science. They want to reduce risk of environmental damage ‘especially during storm season.’ Katrina and Rita came right through the heart of the offshore industry — not a single major spill.” Scott called the mandage “just another attack by the Obama administration on the fossil fuels industry.”
Scott, who in October predicted the Lafayette metro would lose 3,800 jobs in the next two years, in large part due to the drilling moratorium, had reversed his job loss prediction by late February. Scott now expects a gain of 2,500 jobs over the same period, or an uptick of just under 1 percent each year. He delivered that message last month at an awards breakfast for top performers at Van Eaton & Romero Real Estate.
Newcomer to Top 50 among five companies selected for Naval contract
Both sets of figures — adjusted to cancel out seasonal changes — were released by the U.S. Labor Department.
Texas declined by five rigs, West Virginia dropped three and Louisiana was down two.
A federal appeals court in New Orleans has upheld a federal safety board's right to investigate the role of Transocean Deepwater Drilling Corp. in the 2010 Gulf of Mexico oil disaster.
A supporter of a lawsuit against the oil industry has been re-nominated to a seat on a south Louisiana flood control board despite opposition from Gov. Bobby Jindal.
The nominating committee for the Southeast Louisiana Flood Protection Authority-East was set Thursday to nominate applicants for two people on the board whose terms have expired.
Restaurant could see ‘a little facelift,’ Bobby Butcher tells Daily Report.
Attorney General Buddy Caldwell says he won't approve a Cameron Parish Police Jury resolution to hire outside attorneys for such a lawsuit until the resolution is amended. Caldwell's Sept. 15 letter says the resolution must make clear that those attorneys will represent the parish alone — not the state.
Michelle D. Lavergne, who worked for the Lafayette law office of L. Clayton Burgess for 13 years, faces up to 10 years in prison.
Sonnier, former media buyer and account exec at Sides, joins Acadian companies as marketing specialist; Maggard, who most recently worked for Potenza, joins Russo as director of media and PR.
New recreation/fitness trend taking over old Crazy Charlie’s on Ambassador Caffery Parkway.
Authorities said that a Chevron Corp. subsidiary was still releasing natural gas Sunday from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker.
Meet the WWMB Class of 2014, extraordinary women guiding our exceptional community
Software development center represents third such project in Hub City this year.
Elizabeth Abdalla and Abform are poised for a new era of growth.
Lafayette’s most highly regarded attorneys were honored by their own at the Hall of Fame Banquet sponsored by the Lafayette Bar Association.
Collaboration and relationships give you the help you want — and the help you need.
A look at recent promotions, hirings and recognitions from Acadiana's business community.
Who doesn’t like grilled cheese?
There has been much progress in the 50 years since the Civil Rights Act was passed, but there is still work to be done.
Amid widespread criticism, two former U.S. senators say they are not lobbying Congress on behalf of a shady Russian bank, although a federal disclosure suggests otherwise.
Banks are the ones taking the financial hit for retail security breaches, and that just doesn’t seem fair.
It’s time to embrace a new regional model for economic development.
The state labor department figures released Friday show the initial claims decreased to 1,961 from the previous week's total of 2,237. For the comparable week a year earlier, there were 2,190 claims.
Hurry, rush to Jersey’s Daiquiris Sports Bar in Broussard for a cold one because at noon tomorrow its license is suspended for two months by the state!