Rebuilding Efforts Dampen Effects of Recession in New Orleans
August 21, 2009 - Posted by The Leadership Conference
The continuing effort to rebuild New Orleans after Hurricane Katrina has partially sheltered the city from the national economic crisis.
Although unemployment rose from 5 percent to 7.3 percent this year, it remains below the national rate of 9.5 percent. According to the Greater New Orleans Community Data Center, in the first quarter of 2009, New Orleans had the sixth lowest unemployment rate among the 100 largest cities.
The city's industrial composition has allowed it to escape the massive layoffs that have plagued other cities. Manufacturing and construction, the industries hardest hit by the national recession, make up a small portion of the New Orleans economy. Instead, New Orleans' largest sectors (trade and transportation, leisure and hospitality, and education and health services) either added jobs or remained the same.
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The Leadership Conference is working diligently to see that Tom Perez is confirmed as U.S. Secretary of Labor. Perez is an eminently qualified public servant and consensus builder who has dedicated his career to ensuring that all individuals are treated fairly and have the opportunity to succeed. He has served with integrity and distinction at the local, state and national level, compiling an outstanding record of achievement. 

