Analysis: Mississippi unemployment rate still rising - WMC Action News 5 - Memphis, Tennessee

Analysis: Mississippi unemployment rate still rising

VICKSBURG, Miss. (AP) - Mississippi's unemployment rate has drifted upward during 2011, hovering at 10.6% in October. That's tied with Michigan for the third highest nationwide, behind No. 1 Nevada and No. 2 California.

The state is adding jobs, but growth hasn't kept up with the expanding number of job seekers.

Almost as many Mississippians had a job in October as in January 2008, the pre-recession peak. But 4.5% more people were seeking jobs in October.

Economist Marianne Hill says people who had stepped to the sidelines may have entered the job market when the economy began to improve.

Hill says one disadvantage for Mississippi is that it depends more heavily than the nation on manufacturing and government jobs. Those two sectors have shed jobs this past year in the state.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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