Louisiana’s economic growth will be somewhat limited between 2010 and 2020 because of the state’s “relatively low level of education demand,” according to a study by The Georgetown University Center on Education and the Workforce.
Louisiana ranks 50th in the nation when it comes to jobs that demand college graduates, which reflects a lower share of high-wage, high-growth occupations and industries, according to the study.
In addition, Louisiana continues to lose both young educated adults and experienced workers. In general, less educated mature workers are more likely to leave the Southern states, according to the study. In Louisiana and West Virginia, more educated workers leave.
From 2000 to 2010, Louisiana lost 3,238 workers with at least a bachelor’s degree who were between 35 and 64, the report shows. The other Southern states, with the exception of West Virginia, saw an influx of those workers.
Florida added 17,851 college-educated workers who were 35 to 64 over the same time period. Mississippi added 836 of the mature, college-educated workers.
On the plus side, Louisiana is expected to add 400,000 jobs between 2010 and 2020, the report says. Louisiana is also rapidly expanding younger industries.
According to Tech America’s 12th annual Cyberstates report, Louisiana is one of the ten fastest-growing states for high-tech industries, due in part to the expansion of digital media, aerospace, and advanced materials.