Mississippi unemployment rate continues to improve

Mississippi unemployment rate is getting better, going from 7.8 percent in August to 7.1 percent in September. The national unemployment rate was 7.9 percent in September, so Mississippi is doing better than the national average.

Mississippi is still down 25,700 jobs from September of 2019. That’s a 1.5 percent drop increase in the unemployment rate compared to last year when Mississippi unemployment rate was 5.6 percent

Unemployment rates were lower in September in 30 states, higher in 8 states, and stable in 12 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today.

All 50 states and the District had jobless rate increases from a year earlier. The national unemployment rate declined by 0.5 percentage point over the month to 7.9 percent but was 4.4 points higher than in September 2019. Nonfarm payroll employment increased in 30 states, decreased in 3 states, and was essentially unchanged in 17 states and the District of Columbia in September 2020.

Over the year, nonfarm payroll employment decreased in 48 states and the District and was essentially unchanged in 2 states. This news release presents statistics from two monthly programs. The civilian labor force and unemployment data are modeled based largely on a survey of households.

Unemployment Hawaii had the highest unemployment rate in September, 15.1 percent, followed by Nevada, 12.6 percent. Nebraska had the lowest rate, 3.5 percent, followed by South Dakota, 4.1 percent, and Vermont, 4.2 percent.

In total, 27 states had jobless rates lower than the U.S. figure of 7.9 percent, 8 states had higher rates, and 15 states and the District of Columbia had rates that were not appreciably different from that of the nation.

In September, the largest unemployment rate decrease occurred in New Jersey (-4.4 percentage points). Rates declined over the month by at least 2.0 percentage points in an additional six states. The largest over-the-month jobless rate increases occurred in Hawaii (+2.1 percentage points) and Idaho (+1.9 points). The largest unemployment rate increases from September 2019 occurred in Hawaii (+12.4 percentage points) and Nevada (+8.9 points).

Click here for latest unemployment data

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *