The Mississippi Department of Employment Security recently released the latest unemployment numbers for the state.
According to the report, the number of jobs is at a historic high and the unemployment rate is near a historic low. In September, the number of nonfarm jobs in Mississippi rose to 1,170,100, which are the most jobs ever recorded in Mississippi.
The number of jobs in Mississippi increased by 600 in September. Over the year since September 2018, the number of jobs in the state increased by 20,300. Mississippi’s unemployment rate in September 2018 was 4.8%, the fourth lowest level of unemployment ever recorded in Mississippi.
‘The Mississippi economy continues to break records almost every month,” said Governor Phil Bryant. “The number of jobs here is as high as it has ever been in the state as people are seeing more employment opportunities for strong careers.
The September rate is the same as a month earlier in August 2018 and one-tenth of a percentage point lower than a year ago in September 2017, when the rate was 4.9%.
For the fifth month in a row, the labor force, which is made up of everyone who has a job or is looking for a job, increased in September by 600 to 1,288,400. Over the year since September 2017, the Labor Force rose by 10,200. Although more individuals entered the labor force, the number of unemployed Mississippians decreased by 100 in September to 61,600. Over the year since September 2017, the number of unemployed Mississippians fell by 700.
The number of people working in Mississippi rose in September by 700 to 1,226,800, which is the highest number of Mississippians with jobs since May 2008. For the year since September 2017, employment in the state increased by 10,900.
“When government gets out of the way with burdensome regulations and red tape, the private business sector has always responded with good-paying jobs,” Bryant said. “That is what we are seeing in Mississippi now.’