Local and state unemployment rates fell in October while the national rate saw a slight uptick, according to the latest labor market report by the Mississippi Department of Employment and Security.
Lowndes and Oktibbeha both decreased 0.3 percent in October, while Clay and Noxubee fell 0.5 percent and 0.6 percent, respectively.
Compared to a year ago, Clay and Noxubee had the most significant drops, currently sitting at 4.2 and 5.9 percent. Lowndes and Oktibbeha both fell 0.8 percent to 3.6 and 3.3 percent.
On the state and national level, Mississippi fell 0.3 percent from 3.7 percent in September, while the national rate rose 0.1 percent to 3.4 percent. The state rate fell .8 percent to 3.4 percent as compared to October 2021 and the nation fell 0.9 percent.
The number of unemployed people in Lowndes and Oktibbeha counties fell to 920 and 740, respectively. In contrast, Clay and Noxubee fell to 360 and 200 people, bringing the total number down by 460 in the Golden Triangle. Across all four counties, there are 2,220 people unemployed, showing an 18.7 percent fall from October 2021.
There are currently 42,800 unemployed people in the state, showing a 19 percent fall from 51,900 in August 2021. Across the nation, there are 5,609,000 compared to 6,896,000 in August 2021.
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