Categorized | Business news, Job info, Northeast Mississippi, Unemployment

Northeast Mississippi jobless rate dips in August

Northeast Mississippi’s unemployment rate declined a second consecutive month in August, falling to to 9.4 percent.

The 16-county region recorded it second-lowest jobless rate of the year, based on preliminary figures provided by the Mississippi Department of Employment Security.Help wanted ad

The unemployment rate in Northeast Mississippi this year:

  • January: 11.1 percent
  • February: 9.7
  • March: 10.1
  • April: 8.5
  • May :9.7
  • June: 10.4
  • July: 9.5
  • August: 9.4

Earlier, the federal Bureau of Labor Statistics said the state’s unemployment rate was 8.4 percent. It’s the lowest state jobless rate since February 2009. Mississippi’s unemployment rate had initially been estimated at 8.5 percent in July, but that was revised up to 8.6 percent. The state jobless rate was 9.3 percent in August 2012.

The numbers – adjusted to cancel out normal seasonal changes – revealed the unemployment drop was due to a shrinking labor force. That was the case In Northeast Mississippi, too.
In the region, Lafayette County (6.6 percent) had the lowest jobless rate, closely followed by Union County (6.7).

Ten of the 16 counties recorded rates under 10 percent. And from July to August, 10 counties had lower rates three had higher rates and the remaining three were unchanged.

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