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.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info