Regional jobless rate dips to 10.9%

By NEMS Daily Journal

The unemployment rate for the 16 counties of Northeast Mississippi dropped to 10.9 percent in March, the lowest since September.
A year ago, the region’s jobless rate was 12 percent.
While March’s rate drop was welcome, it still marked the 25th time in the past 26 months that the region has endured double-digit joblessness.
The last time the area posted a jobless rate lower than 10 percent was March 2009, and even then it was close, at 9.9 percent.
But for March of this year, according to preliminary figures provided by the Mississippi Department of Employment Security, the number of employed in the region increased to 195,040, compared to 194,340 a month earlier.
The number of unemployed also declined to 23,980, compared to 24,920 in February.
Statewide, the seasonally adjusted jobless rate in March was 10.2 percent, unchanged from a month earlier but down six-tenths of a point from March 2010.
Nationally, the seasonally adjusted rate dropped from 8.9 percent to 8.8 percent. A year earlier, the U.S. unemployment rate was 9.7 percent.
Only national and state figures are seasonally adjusted. The county and regional rates are calculated using non-seasonally adjusted data.

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