Thursday, November 15, 2018
   
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The Tunica Times • P.O. Box 308/986 Magnolia Street, Tunica, MS 38676

May unemployment lowest since ‘04

Mississippi’s seasonally adjusted unemployment rate fell again in May to 5.8 percent.  The May rate is the lowest level of unemployment in Mississippi since March 2004, when the unemployment rate was also 5.8 percent.  The May 2016 rate is two-tenths of a percentage point lower than a month earlier in April 2016 when the rate was 6.0 percent and sixth-tenths of a percentage point lower than a year ago in May 2015 when the rate was 6.4 percent.

Along with the drop in the unemployment rate, the number of unemployed Mississippians declined again in May to 75,200.  The May figure is the lowest number of unemployed individuals in our state since February 2004.  The May 2016 number of unemployed Mississippians is 2,700 lower than a month earlier in April 2016 when the number was 77,900 and 6,300 lower than a year ago in May 2015 when the number was 81,500.


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