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Report Shows 740 Seek Jobs

By Jack Gurner
Reporter

WATER VALLEY – Yalobusha County’s unemployment rate for the first month of 2011 is up just one-tenth of a percentage point from December.

There were 740 Yalobusha County residents without jobs during January for a 13.5 percent unemployment rate, according to the latest figures from the Mississippi Department of Employment Security.

That’s down almost 4 points from the 17.3 rate in January of 2010 when 910 people were unemployed in the county. Three years ago in January of 2008, the rate was 8 percent.

MDES figures show there were 5,490 people in the labor force in January as opposed to 5,000 in December. The labor force is defined as the estimated number of people eligible for work or actively looking for work.

Yalobusha’s unemployment rate is equal to Tallahatchie, but still higher than the four other surrounding counties; Grenada (12.1), Panola (13.3), Lafayette (9.4), and Calhoun (10.8).

Initial unemployment insurance claims were down by 62 with 83 in January as compared to 146 in November. That is up from 68 in January 2010. Continuing claims increased from 776 in December to 992 in January.

Mississippi’s unadjusted unemployment rate for January was 10.7 percent, an increase of one percentage point from the prior month’s rate of 9.7 percent.

For the month of January 2011, only 21 counties in Mississippi posted unemployment rates less than or equal to the state’s rate of 10.7 percent.

Rankin County posted the lowest unemployment rate for the month of January at 6.9 percent and Tunica the highest at 21.1 percent.

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