Labour participation rate rises.
Governor Tate Reeves today announced that Mississippi set multiple new records in April for employment in the state. First, at 1,243,807 people, the state reached a new record high for the number of Mississippians employed. Additionally, total non-farm employment reached a record high with 1,202,000 jobs.
“More Mississippians are working than ever before, and there are a record number of jobs,” said Governor Tate Reeves. “Mississippi isn’t making news – we’re making history. Yesterday, we announced a $38 million economic development project that’s creating 450 jobs, and today we’ve set records in employment. There’s never been a better time to be a Mississippian. I’m incredibly proud of what our state is accomplishing.”
The news follows a number of historic wins in Mississippi. This includes Mississippi having the second-fastest growing economy and the fourth-fastest growing per capita income in America in 2024. Additionally, last week, it was announced that a record-high 77.3% of Mississippi third graders passed the state reading assessment on their first attempt during the 2024 – 2025 school year. Since Governor Reeves took this office, nearly $35 billion in new private sector investment has been announced, and thousands of good-paying jobs have been created across the state.
“More Mississippians are working than ever before, and there are a record number of jobs,” said Governor Tate Reeves. “Mississippi isn’t making news – we’re making history. Yesterday, we announced a $38 million economic development project that’s creating 450 jobs, and today we’ve set records in employment. There’s never been a better time to be a Mississippian. I’m incredibly proud of what our state is accomplishing.”
The news follows a number of historic wins in Mississippi. This includes Mississippi having the second-fastest growing economy and the fourth-fastest growing per capita income in America in 2024. Additionally, last week, it was announced that a record-high 77.3% of Mississippi third graders passed the state reading assessment on their first attempt during the 2024 – 2025 school year. Since Governor Reeves took this office, nearly $35 billion in new private sector investment has been announced, and thousands of good-paying jobs have been created across the state.
Note: The labor participation rate reached a low of 53% in April 2020 but rose to 56.2% in April. It is still a far cry from the 63% Mississippi enjoyed in 1995 but improvement is improvement.
Unfortunately, Mississippi has the second-lowest labor participation rate. It was once the lowest rate in America but West Virginia was kind enough to bail out the Magnolia State at 54.4%.
17 comments:
"Unfortunately, Mississippi has the second-lowest labor participation rate."
People are lazy. We were paid to stay home for several years, and everyone got comfortable just doing nothing. I see 'now hiring' signs everywhere, but people would rather look at their glowing rectangle.
DeSoto ,Madison, and the 3 Coast counties are the true hearts of MS.
Finally! A pronouncement coming from government that we can believe.
Get serious.
Just wait until the Nissan plant closes… triggering the Continental Tires plant closure.
The lowest is W Virginia, one of the whitest states in the country, also one of the most drug-addled.
It ain’t that the unemployed are comfortable, it’s that the working poor are just as uncomfortable as the unemployed. Why be exhausted and broke when you can just be broke
Do the increases in employment correlate to an increase in wages?
Our highest year was was in 1995 - can anyone guess when NAFTA went into effect?
If you believe anything coming out of an elected official's mouth, the joke is on you.
We still 50th overall in most everything except stupidity where we rank a solid top 10 every year.
Interesting that in a state of approximately 2.9 million only 1.2 million are in the work force.
1:34
That 2.9 Million is the general population. People not in the workforce include children and retirees.
State Leadership still passes the numbers off as "good" though. That is not the case.
What happens when ICE raids Chicken plants and farms, will it increase ?
What happens to all the liberals when Starby’s enforces their new dress code?
I challenge anybody to validate their labor participation rate guestimates. Can't be done.
Same is true of the State Auditor's 'brain drain' guestimates. Nobody, no agency, no college...tracks who and by what numbers, people leave this state once degreed.
At best, both are simply massaged estimates with a measure of guesses with some baseless assumptions thrown in...not to mention with revisions always occurring two weeks after the guesses are published.
Agreed. ANY reports coming from Mississippi's government agencies are corrupt to the bone, and merely self-serving propaganda.
Even KF can't resist the clicks it generates, and is the simple reason he publishes these sorts of things as some kind of fact.
In case you didn't notice, this is the only media outlet that qualifies the unemployment numbers with the labor participation rate. Try again .
Again, the so called labor force participation rate is fictitious and impossible to quantify. You can't qualify a number that is impossible to quantify in the first place.
According to 'the government':
"The labor force participation rate (LFPR) is calculated by dividing the number of people in the labor force by the total civilian non-institutionalized population and then multiplying by 100. In simpler terms, it's the percentage of the working-age population that is either employed or actively seeking employment.
Here's a breakdown of the formula:
Labor Force: This includes people who are employed (working at least one hour for pay) or unemployed but actively seeking work.
Civilian Non-institutionalized Population: This includes the total working-age population minus those in institutions like prisons, hospitals, or mental institutions.
Calculation: (Labor Force / Civilian Non-institutionalized Population)"
The whole thing is based on estimates, guesses and (some say) polls to see who will admit to being employed (assuming anybody will answer those calls).
Who conducts these polls? Who has ever been polled? Who knows of anybody who has ever been polled?
Nobody in government or elsewhere can reliably arrive at who or how many people are employed or, for that matter, how many people are in the labor force (working or looking for work). Estimates - In other words baseless smoke and mirrors.
Kingfish claims to have 'qualified' his comparison. Really? How?
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