Local economic experts expect the Baton Rouge area to recover by the end of 2021 a decade worth of job gains that were shed by the economy in a single month last year because of the coronavirus pandemic.
From March to April, the region shed about 13.2% of its jobs, said Adam Knapp, president and chief executive officer of the Baton Rouge Area Chamber, during The Advocate’s Outlook 2021 economic summit Thursday. Knapp was one of five local experts to participate in the online event.
As the economy slowly opened up during the summer, more people got back to work and businesses found ways to bring back workers and protect their safety. Knapp said about 32,000 jobs have been recovered, but the region is still down about 5% from the number of jobs it had at the start of March. Baton Rouge had more leisure and hospitality and construction jobs than other parts of the state, and those are areas that have been slow to recover.
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