Fewer Workers Are Getting More Money

JACKSON, MS (Ben Caxton) — Mississippi payrolls are climbing out of their post-recession hole, but unemployment is going the wrong way. July’s jobless rate rose to 5.2 percent as a decline in Mississippians with jobs outstripped a shrinking labor force. June’s unemployment rate was 5 percent A year ago, Mississippi had 5.9 percent unemployment. The state tied for fifth-highest among states, with Alaska the worst at 7 percent. The national rate in July was 4.3 percent. Mississippi payrolls rose to 1.15 million in July, above July 2016 and at the highest level since mid-2008. The U.S. Labor Department released figures Friday, adjusted to cancel out seasonal changes.

 

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