State’s unemployment rate rose in December
Published: January 18,2013
ACROSS MISSISSIPPI — The state’s unemployment rate ticked up to 8.6 percent in December.
Despite the one-month rise, Mississippi’s jobless rate still decreased the third-most among states in 2012, in percentage point terms. Only Nevada and Florida saw larger drops.
The state’s unemployment rate was 8.5 percent in November and 10.5 percent rate in December 2011.
The unemployment rate rose because the state’s labor force increased faster than people found jobs. Mississippi reported 115,000 unemployed people in December, up from 113,000 in November, but down from 141,000 in December 2011.
The Bureau of Labor Statistics released numbers today.
Analysts say Mississippi has resumed growing, though slowly, after the economy stalled in the summer.
A separate survey of employer payrolls shows nonfarm employees fell slightly from November but remained above levels from December 2011.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- David Duval, former British Open winner, joins Sanderson Farms field
- Court rules against Greenwood councilwoman; must give up office
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Cochran continues to reach out to African American voters
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal