State’s unemployment rate remains at 10.2 percent
ACROSS MISSISSIPPI — Job growth picked up a bit in Mississippi in March as the state had 9,200 more non-farm jobs than in March 2010, the U.S. Labor Department reports.
On a non-seasonally adjusted basis, there were 5,300 more non-farm jobs in Mississippi last month than in February 2011. The state had gained 5,200 from February 2010 through February 2011.
Mississippi’s unemployment rate — on a seasonally adjusted basis — remained unchanged at 10.2 percent from February to March, the Labor Department said. In March 2010, the state jobless rate was 10.8 percent.
The state’s civilian labor force has been on the rise, a sign that those who have been out of work for a long time have resumed hunting for jobs.
From March 2010 through last month, the goods-producing sector had fallen by 300 jobs. Gains of 300 in mining and logging, which includes petroleum, and 1,700 in construction were more than offset by a 2,300-job decline in manufacturing.
The service-providing sector gained 9,500 over the 12-month period. The largest gainers were professional-business services with 9,600 jobs, private education and health services with 3,300 and trade, transportation and utilities with 2,300 jobs. Leisure-hospitality added 400 jobs.
The financial sector, which includes the banking industry, shrank by 700 jobs from March-to-March and government continued its employment retreat with a loss of 5,800 jobs.
Source: Associated Press
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