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Article: Despite changes, Baton Rouge stands firm: Baton Rouge, Louisiana.(grassroots)
- Article from:
- EconSouth
- Article date:
- March 22, 2009
- Author:
CopyrightCOPYRIGHT 2009 www.frbatlanta.org. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If much of the nation suffered economic body blows in 2008 and early 2009, it appears that Baton Rouge took only glancing shots. The recession came late and comparatively less severely to Louisiana's capital.
Baton Rouge is blessed with a sturdy foundation of state government jobs, two universities, and five dozen petrochemical plants that appear to be weathering the downturn reasonably well. Public sector workers, including more than 40,000 state employees, account for 20 percent of the Baton Rouge metro area's employment compared with 16 percent for the United States as a whole, according to Moody's Economy.com and the U.S. Bureau of Labor Statistics (BLS).
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