Mississippi’s unemployment rate held steady in January, according to the Mississippi Department of Employment Security.
While the state’s unemployment rate remained the same from December 2018 to January 2019 at 4.7%, it is still the lowest level of unemployment ever recorded in Mississippi’s history. The unemployment rate has now been at 4.7% for eight months in a row.
The January rate is the same as a month earlier in December 2018 and two-tenths of a percentage point lower than a year ago in January 2018 when the rate was 4.9%.
In January, the number of non-farm jobs in Mississippi declined by 700 to 1,161,900, which is the second highest number of jobs ever recorded in Mississippi. Still over the year since January 2018, the number of jobs in the state increased by 10,900.
The Labor Force, which is made up of everyone who has a job or is looking for a job, did decline by 1,300 to 1,273,700 in January. Over the year since January 2018, the Labor Force fell by 2,700.
The number of unemployed Mississippians in January was 60,200, which was 400 higher than a month earlier in December 2018; however, over the year since January 2018, the number of unemployed Mississippians is down by 1,700.
The number of people working in Mississippi declined in January by 1,700 to 1,213,500. Over the year since January 2018, employment in the state decreased by 1,000.
