By David Howell
WATER VALLEY – The county’s jobless rate dipped another two-tenths of a percent in November, dropping from 5.5 percent in October to 5.3 , according to the latest statistics from the Mississippi Department of Employment Security. The 5.3 percent rate is the lowest the county has recorded for the month of November since 2000, when the rate was 4.6.
MDES lists Yalobusha’s labor force at 5,160 with 4,880 employed during November and 280 unemployed. The labor force is defined by MDES as the estimated number of people eligible for work or actively seeking employment.
The number of initial unemployment insurance claims filed during the month was 28, only one more than the previous month. The number of continuing claims processed in November was 146, up 11 from October. MDES paid $24,108 for unemployment benefits in November.
In comparison with the five surrounding counties, Yalobusha’s jobless rate was less than Tallahatchie (5.5) and Panola (6.4), but higher than Lafayette (4.1), Calhoun (4.8) and Grenada (5.0).
For the month of November, 27 counties in Mississippi posted unemployment rates less than or equal to the state’s rate of 5.2 percent. DeSoto and Rankin Counties posted the lowest unemployment rate for the month of November at 3.7 percent followed by Lamar and Madison Counties at 3.9 percent. Issaquena County had the highest unemployment rate for November at 11.8 percent followed by Jefferson County at 10.9 percent.