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The Advocate
Wednesday, April 19th, 2023
 
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Local college graduates may need to scramble for positions in a softening job market

by Adam Daigle | Acadiana business editor​ ​ ​

Good morning, Acadiana business news readers. I've got your daily dose of business news. 

After two years of ample job offers, Louisiana’s college graduates may find the market leaner for spring and summer graduates.

The Wall Street Journal reported last month that the job market is slowing some, with downturns in software jobs, financial services and biotechnology. The newspaper reported that unemployment for those in the 20-24 year old bracket was 4.6% in February, double that for the same age group, 2.3%, in December 2021.

Some jobs are plentiful, and employers can scarcely recruit enough graduates to fill them, especially in Acadiana. Those include nursing and health care jobs and teaching positions.

You can read the full story here. 

Have a great day.

 
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Foreclosure filings in Lafayette metro trickle up in first quarter

The number of properties in the Lafayette metro with foreclosure filings rose in the first quarter, data shows. Read more

David’s Bridal files for bankruptcy protection for the second time in 5 years

David’s Bridal has filed for bankruptcy protection, the second time for the chain in the past five years. Read more

Home Bank posts slight increase in net income in first quarter

Lafayette-based Home Bancorp Inc., the parent company of Home Bank, generated $11.3 million of net income during the first quarter, up from the $10.8 million during the fourth quarter of last year. Read more

 
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