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Mississippi unemployment rate holds steady at record low 2.8% | Mississippi

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www.thecentersquare.com – By Steve Wilson | The Center Square – 2024-07-24 10:12:00

(The Center Square) – Federal data shows Mississippi’s unemployment rate remained at a record low 2.8% in June for the third consecutive month.

That is an improvement over June 2023, when the rate was 3.1%. The national unemployment rate in June was 4.1%. 

The number of unemployed grew from 35,600 to 47,100. Initial unemployment claims were down from 6,338 in May to 5,652 in June. Continuing claims increased from 27,799 in May to 37,506 in June, as benefits paid grew from $4.06 million in May to nearly $5 million in June. 

The state’s labor force participation rate also climbed for a third month, improving slightly from 53.8% in May to 54% in June. That trails the national average of 62.6%, according to the federal Bureau of Labor Statistics.

In June, there were nearly 1.19 million jobs in Mississippi, with a decrease of 3,000 nonfarm positions in June, but a gain of 7,300 jobs for the year so far. According to data from the Mississippi Department of Employment Security, the private education and health care services sector had the largest job losses in June. 

Thirty-one counties in Mississippi posted unemployment rates either less than or equal to the state’s unadjusted rate of 3.7%, which was lower than the national average (4.3%).

Union County was 2.5% and followed by Rankin County (2.7%) and Lafayette County in northern Mississippi (2.8%).

The highest unemployment rate was in Jefferson County in southwest Mississippi at 14.9%, followed by neighboring Claiborne County at 9.3% and tiny Issaquena County at 8.6%. 

Among the state’s most populated counties, DeSoto County in the Memphis metro area had an unadjusted rate of 3.4%. In the Jackson metro, Madison County was at 3% while Hinds County was at 3.7%.

In Hattiesburg, Lamar County had an unadjusted rate of 3% while Forrest was at 3.5%. 

In the three-county coastal region, Harrison County was 3.4% with neighboring counties Jackson and Hancock each 3.8%. 

According to the monthly report, “historically, Mississippi’s unemployment rate has increased from May to June as the full impact of students entering the labor force occurs.” The seasonally unadjusted unemployment rate grew from 2.9% in May to 3.7% in June. 

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News from the South - North Carolina News Feed

Helene: About $9B of resolution’s $110B relief headed to North Carolina | North Carolina

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www.thecentersquare.com – By Alan Wooten | The Center Square – 2024-12-21 09:29:00

SUMMARY: Relief efforts for Hurricane Helene in North Carolina received a boost with the passage of the American Relief Act 2025, which allocates $110 billion for various disasters, including Hurricane Helene. While bipartisan support was shown, Republican U.S. Rep. Dan Bishop opposed the resolution. President Biden signed the bill, directing about $9 billion specifically to North Carolina for disaster recovery, including support for infrastructure and agriculture. The aid aims to address devastation from Helene, which caused significant loss of life and property damage. Key officials emphasized the importance of this funding for the recovery of communities in western North Carolina.

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News from the South - Georgia News Feed

Holiday traffic could eclipse records | Georgia

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www.thecentersquare.com – By Kim Jarrett | The Center Square – 2024-12-20 15:17:00

SUMMARY: AAA forecasts a record 108,677 more travelers this year in Georgia, with 3.7 million expected to journey over 50 miles, primarily by car. Factors influencing travel include colder weather reducing gas demand and a shift to online holiday shopping. Current gas prices in Georgia are stable at $2.92 per gallon, slightly lower than last year’s $3. Nearby states generally offer cheaper gas, with Tennessee at around $2.72. Lane closures on major highways will be suspended from Monday until January 5. Hartsfield-Jackson International Airport anticipates a busy Christmas Day, expecting 327,724 travelers.

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News from the South - North Carolina News Feed

Fuel prices better than national average for 3.3M forecast to travel | North Carolina

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www.thecentersquare.com – By Alan Wooten | The Center Square – 2024-12-20 15:08:00

SUMMARY: As North Carolinians prepare for holiday travel, the average price for a gallon of unleaded gasoline is $2.83, below the national average of $3.05. AAA anticipates 3.5 million residents traveling at least 50 miles from home in the state between December 23 and January 1. While North Carolina’s gasoline prices are better than a month ago, diesel averages $3.41. Among 14 major metro areas, Jacksonville has the lowest unleaded price at $2.72, while Durham-Chapel Hill has the highest at $2.97. North Carolina’s gas taxes, currently 40.4 cents per gallon, fund transportation projects statewide.

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