Mississippi unemployment rate and payrolls both dip in May

FILE - In this Aug. 19, 2013 file photo, a Philadelphia business displays a help wanted sign in its storefront. The September jobs report coming Friday, Oct. 2, 2015, will provide clues to the job market’s health that go beyond the unemployment rate. (AP Photo/Matt Rourke, File)

JACKSON, Miss. (AP) – Mississippi’s jobless rate fell to 5.8 percent in May, because fewer people sought work even as the number of workers with jobs shrank.

It’s the state’s lowest unemployment rate since March 2004. Mississippi’s jobless rate dropped for the fifth straight month, down from 6 percent in April and 6.5 percent in May 2015.

Mississippi had the ninth-highest jobless rate among states in May, with Alaska highest at 6.7 percent. The nationwide jobless rate was 4.7 percent.

Another survey shows Mississippi payrolls, used by many economists as a top indicator, fell 3,000 in May. Payrolls remained 10,000 above May 2015.

Both sets of figures, adjusted to cancel out seasonal changes, were released this week by the state.

May saw 75,000 Mississippians unemployed, down 3,000 from April and 6,000 from April 2015.

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