Home » NEWS » State unemployment rate drops to 6.8 pct.

State unemployment rate drops to 6.8 pct.

Associated Press

Mississippi’s joblessness rate dipped in March for the third month in a row, although employer payrolls shrank.

The unemployment rate fell to 6.8 percent, down from 7 percent in February and 7.8 percent in March 2014. The number of Mississippians saying they had a job rose, while the number of unemployed people fell.

Mississippi continues to have the second highest joblessness rate behind Nevada

A separate survey shows payrolls fell by 4,300 in March, as gains recorded in February slipped away. Total payrolls were about 7,000 higher than in March 2014.

Both sets of figures — adjusted to cancel out seasonal changes — were released Tuesday by the U.S. Labor Department.

The report found 85,000 Mississippians were unemployed in March, down slightly from February and almost 13,000 below March 2014.

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About Megan Wright

One comment

  1. What is the number of people that have dropped out of the labor force? Is the labor participation rate up or down?

    From my experience, gov’t doesn’t want a “high unemployment rate” but doesn’t care much if people are out of work.

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