State’s jobless rate falls to lowest level since 2009
Published: December 21,2012
ACROSS MISSISSIPPI — Mississippi’s unemployment rate fell to 8.5 percent in November, the lowest level since February 2009.
More people found work even while fewer people were looking, cutting the pool of unemployed people to about 113,000. That’s down 7,000 from October and well below November 2011′s level of 143,000.
The Bureau of Labor Statistics released numbers today.
The state had a 9 percent jobless rate in October and a 10.6 percent rate in November 2011.
Weakness in summer job numbers led economists to warn Mississippi had slipped back into recession. But growth appears to have restarted in September.
A separate survey of employer payrolls shows nonfarm employees rose for the third straight month and was above the November 2011 total. That’s the first time in 2012 payrolls have risen year over year.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “State’s jobless rate falls to lowest level since 2009”
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- White House hotel making comeback in Biloxi
- Supreme Court deals blow to McDaniel's election challenge
- Baseball stadium for Farish Street? It’s possible
- Guns OK inside Mississippi polling places, attorney general says
- McCarthy hired as CFO of Mississippi Development Authority
- 'Get on Up' movie premiers in Madison with Chadwick Boseman and Tate Taylor walking the red carpet
- Bryant protests immigrant children being housed in state
- Gunn, Reeves introduce performance-based budget plan
- Three indicted, alleged to have embezzled from agency
- State GOP chairman calls on McDaniel to hurry with challenge