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Mississippi unemployment rate hits new...

Mississippi unemployment rate hits new record low

By: Frank Corder - May 19, 2023

At 3.4%, the Magnolia State was among 14 states to see their jobless rate decline in April 2023. It’s the second consecutive month Mississippi has reached a new low rate.

On Friday, the U.S. Bureau of Labor Statistics (BLS) released the April 2023 State Employment and Unemployment Summary showing that unemployment rates were lower in 14 states and stable in 36 states.

Mississippi was among the states that saw their unemployment rate decline, reaching a new record low in April 2023. The Magnolia State’s April 3.4% unemployment rate marks the second consecutive month that Mississippi set a new record low.

The national unemployment rate also sits at 3.4%.

According to BLS, South Dakota had the lowest unemployment rate in the nation in April, coming in at 1.9%. Nebraska followed at 2% and New Hampshire and North Dakota at 2.1%. The highest unemployment rate in the U.S. is 5.4% in Nevada.

Mississippi Governor Tate Reeves welcomed the news of his state’s record mark, saying in a release that it’s a great day to be a Mississippian.

“Reaching a record low unemployment rate in in back-to-back months speaks volumes to Mississippi’s momentum,” said Governor Reeves. “Our education system is thriving, jobs are plentiful, and there are more opportunities than ever before. We’re making historic investments in workforce development and infrastructure and are attracting thousands of high-paying jobs to every region of the state. It’s a great day to be a Mississippian.”

Mississippi saw a year-over-year decrease of 0.3% from the same period last year.

About the Author(s)
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Frank Corder

For nearly two decades, Frank Corder has reported and offered analysis on government, public policy, elections, business and matters of faith. He is the Editor for Magnolia Tribune where he oversees the day-to-day content development. Frank’s interviews, articles, and columns have been syndicated throughout Mississippi as well as in various national publications. His resume includes appearances on the BBC, CBS News, ABC News, and Fox News, among others. Frank is a frequent analyst on radio and television, providing insight and commentary on the inner workings of the Magnolia State and beyond. During his career, Frank has interviewed government officials and candidates from City Halls to the White House, including Presidential candidates, White House officials, U.S. Senators, Congressmen, Cabinet Secretaries, and Governors. He previously hosted his own local radio and television programs and has managed private businesses in the financial, hospitality, and retail sectors. Frank has served his community as an elected City Councilman and as an Assistant/Acting City Manager. In the wake of Hurricane Katrina, he led the effort to plan Pascagoula's recovery and rebuilding which earned him recognition as Mississippi's Volunteer of the Year. Frank also led Pascagoula's municipal government out of a $14.5 million deficit, which the Mississippi State Auditor heralded as a model for other communities facing dire financial straits. As the president of the Pascagoula High School Quarterback Club, Frank has self-published "The Book of Pascagoula Football." He has been married for over 25 years and has two children, both of whom work in public education. Email Frank: frank@magnoliatribune.com