What Happened To The Economic Importance Of Oil In Louisiana In The 1980s?
What Happened To The Economic Importance Of Oil In Louisiana In The 1980s? New Orleans and all of Louisiana discovered that volatility first-hand in the mid-1980s. … By March 1986, the oil bust had caused Louisiana’s unemployment rate to hit 13.2 percent, the highest in the country and nearly 6 percentage points above the national