Below is a press release from the United States Bureau of Labor Statistics:
The U.S. Bureau of Labor Statistics recently released their State Employment and Unemployment Summary for October of 2023.
Unemployment rates were higher in October in 26 states and stable in 24 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today.
Twenty-one states had jobless rate decreases from a year earlier, 12 states and the District had increases, and 17 states had little change.
Nonfarm payroll employment increased in 1 state and was essentially unchanged in 49 states and the District of Columbia.
Over the year, nonfarm payroll employment increased in 34 states and was essentially unchanged in 16 states and the District of Columbia.
The current unemployment rate for Mississippi (as of October 2023) stands at 3.3 percent.
For comparison, the unemployment rate for the previous reported month (September 2023) was reported as 3.2 percent.
Mississippi stands at a 0.8 percent decrease from the same point the previous year (October, 2022).
Mississippi's unemployment rate at the beginning of the previous year was 4.1 percent (in January, 2022).
The national unemployment rate currently stands at 3.9 percent, which has risen by 0.1 percent from September 2023 (last month's report).
Mississippi stands at 3.3 percent (a 0.6 percent decrease from the national unemployment rate).
The full report can be read by clicking here.
