The Bureau of Labor Statistics released the jobs data for November 2019. And it was good.
Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services. Employment rose in manufacturing, reflecting the return of workers from a strike.
Mississippi’s unemployment rate in October stood at 5.2%.
This continues a decade-long trend of downward tilting unemployment since the Great Recession in 2019.