Why Mississippi’s 3.6% unemployment rate isn’t the full picture of what businesses are facing

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Why Mississippi’s 3.6% unemployment rate isn’t the full picture of what businesses are facing
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Economists say they still don’t have a great understanding of why people haven’t come back to the labor force entirely.

  “The labor force is still smaller than it was before the pandemic,” Miller said. “Some of those people who are no longer unemployed are not in the labor force and that's a phenomenon we have seen across the country.” Mississippi’s labor participation rate – the percentage of Mississippians working or looking for work – is about 55%, according to BLS data. That’s about where it was before the pandemic began. But it’s much lower than the national average of about 62%.

This article first appeared on Mississippi Today and is republished here under a Creative Commons license.

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