- Associated Press - Friday, July 22, 2016

JACKSON, Miss. (AP) - Mississippi employers cut workers from payrolls for the third straight month in June, although the jobless rate held steady as people stopped seeking work.

Used by many economists as a top indicator, payrolls fell almost 5,000 in May. Payrolls remain about 6,000 above June 2015 levels, but year-over-year increases are narrowing.

A separate survey shows Mississippi’s unemployment rate held steady from May to June at 5.9 percent. That’s down from 6.4 percent in June 2015. The number of people reporting jobs fell. Total unemployment was level at 75,000, as people left the workforce.

Mississippi had June’s eighth-highest jobless rate among states, with Alaska worst at 6.7 percent. The nationwide jobless rate was 4.9 percent.

The U.S. Labor Department Friday released both sets of figures, adjusted to cancel out seasonal changes.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide