The Mississippi Department of Employment Security says the jobless rate in May fell to a record low, reaching 4.9%. That’s the lowest since the U.S. Department of Labor began publishing state unemployment rates in January 1976.
The May 2017 rate is one-tenth of a percentage point lower than April and a percentage point lower than a year ago in May 2016, when the rate was 5.9%.
The state says the number of unemployed Mississippians fell in May by 700 to 64,100. Over the year since May 2016, the number of Mississippians without jobs fell by 11,800. In May 2017 fewer Mississippians were unemployed than at any time since May 1999.
A separate survey of employers indicated that the number of non-farm jobs declined slightly in May by 600 to 1,144,500. Over the year since May 2016, the number of non-farm jobs increased by 2,600.