Mississippi jobless rate ticks up in February, payrolls flat
JACKSON, Miss. (AP) — Mississippi’s job market was stable in February, with the unemployment rate rising slightly and employer payrolls holding steady.
The state’s jobless rate ticked up to 4.8 percent in February from 4.7 percent in January. The labor force and number of people reporting jobs both fell. The number of unemployed people rose slightly to about 61,000. Mississippi’s February 2018 jobless rate was 4.9 percent.
The number of people on payrolls — economists’ top labor market indicator — was flat from January to February at 1.16 million. February’s total was Mississippi’s second highest-level ever for payrolls. Mississippi employer payrolls totaled 1.15 million people in February 2018
February’s U.S. unemployment rate fell to 3.8 percent from 4 percent in January.
The U.S. Labor Department released figures Friday, adjusted to cancel out seasonal changes.