Record numbers of laid-off workers across Louisiana are waiting for badly needed assistance, while the state struggles to process hundreds of thousands of new unemployment claims. Their lives have been doubly upended by quarantine and financial hardship.
In order to help businesses affected by COVID-19, New Orleans is waiving all fines, fees, interest payments and penalties on sales tax payments for the next 60 days, Mayor LaToya Cantrell announced Tuesday evening.
Public schools get a large portion of their funding from local property taxes — that's taxes paid on homes and businesses, including big factories. But for decades, manufacturers in Orleans Parish have gotten a big break on those property taxes, and that means less money for schools. Now the parish school board is considering asking companies to pay up.
As New Orleans continues debating the pros and cons of short-term rentals, an association with members now operating in the burgeoning industry wants to get their message out. Operators of short-term rentals say they want to help – not hurt – the city.
The international markets are reopening today after Friday’s announcement that the United Kingdom is leaving the European Union. One economic development expert considers how New Orleans will handle what’s ahead.
The oil and gas downturn has resulted in a loss of about 12,000 jobs across Louisiana over the past year. Many of those jobs are concentrated in smaller metropolitan areas, like the Cajun city of Lafayette, which has lost the most. The city that once boomed as a result of oil and gas activity is now struggling to not go bust.
A sudden drop in oil prices last year has brought huge challenges to the state of Louisiana — more than 10,000 layoffs in the oil and gas sector and a $400 million hit to the state budget. Long known for its “working coast” — represented by shipping, fishing and industry in south Louisiana and along the Mississippi River — the downturn brings with it something of an identity crisis.
A new national report finds Louisiana with the biggest lifetime wage gap for women in the United States. The National Women’s Law Center based findings on projections of women’s wages spanning 40 years on the job.
The Louisiana Association of United Ways released the ALICE report this week. ALICE stands for Asset Limited, Income Constrained, Employed -- the population of individuals and families who are working but still unable to afford the basic necessities: housing, food, childcare, healthcare and transportation.