‘A major win for the state’: Mississippi officials celebrate low unemployment rate

Olivia Wilson

Fri, Apr 26, 2024, 11:08 PM1 min read

JACKSON, Miss. (WKRG) — Mississippi officials are celebrating what they call “a major win for the state”: a new record low unemployment rate.

5 Mobile County residents sentenced in bank fraud scheme: USDOJ

“The U.S. Bureau of Labor Statistics announced that Mississippi’s unemployment rate reached a new record low of 3% in March 2024,” states a press release from Mississippi Governor Tate Reeves.

According to the U.S. Bureau of Labor Statistics’s map that showcases unemployment rates, this means that Mississippi’s unemployment rate has decreased by 0.2% since March of 2023.

“This is another sign that Mississippi’s economy is firing on all cylinders,” said Governor Reeves. “We’re attracting record private sector investment and creating thousands of high-paying jobs for Mississippians. Mississippi has momentum and this is our time.”

For the latest news, weather, sports, and streaming video, head to WKRG News 5.

USD/JPY Forecast – US Dollar Continues to Grind Higher Against Yen
The US dollar continues to see upward pressure, as the markets continue to focus on the interest rate differential, as you get paid to hold onto this pair over the longer term.
FX Empire
Rents Set to Be Last Domino to Fall in Global Inflation Battle
(Bloomberg) -- Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortOne Out of Every 24 New York City Residents Is Now a MillionaireEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsIn the US, UK, Canada and Australia, rapidly ris
Bloomberg
A recession in early 2025 could send the stock market tumbling 30%, strategist says
A recession in late 2024 or early 2025 could send the S&P 500 tumbling to around 3,600, BCA's Roukaya Ibrahim said.
Business Insider
Layoffs in 2024: A List of Companies Cutting Jobs This Year
Tesla announced a round of layoffs on Monday, joining Alphabet Amazon and UPS among major companies to cut jobs in recent months. The layoffs this year suggest that companies are cutting in more targeted areas—even as some of the biggest tech companies have continued to grow, adding more jobs than they’ve cut. The company had about 22,000 employees as of the end of last year, according to its annual report.
The Wall Street Journal
A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says
"We believe we are heading into a proper downturn that will require a proper easing cycle," Manulife's chief economist Frances Donald said.
Business Insider
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’
The famed investor accused the Federal Reserve and the Biden administration of misdiagnosing the severity of the pandemic’s economic crisis.
Fortune
U.S. Treasury Bonds Have Gotten Harder to Sell. This Week Could Be Different.
The next tests for the Treasury market come on Wednesday and Thursday, when sales of 10-year and 30-year debt are scheduled.
Barrons.com
The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated, and It Comes With Bad News and Worse News for Retirees
Social Security benefits are on track to get a smaller cost-of-living adjustment (COLA) next year, and the pay raise may not be enough to offset inflation.
Motley Fool
Inflation-hit Argentina launches new top banknote, worth just $10
The embattled country's central bank launched the new note on Tuesday, which it said will be rolled out gradually and features independence icons Manuel Belgrano and Maria Remedios del Valle, who were featured on previous smaller bills. The bank said that the 10,000 peso note, along with an even larger 20,000 peso bill that would come into circulation near the end of the year, would "facilitate transactions between users", simplify financial system logistics and cut costs. Argentina's triple-digit inflation and steadily depreciating peso currency has over years drained the value of the local tender, leading to a situation where people often carry huge stacks of cash with them to cover costs.
Reuters
Social Security just passed Medicare as the government's most pressing insolvency risk
An annual government report offered a glimmer of good news for Social Security and a jolt of good news for Medicare even as both programs continue to be on pace to run dry next decade.
Yahoo Finance

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

‘A major win for the state’: Mississippi officials celebrate low unemployment rate

Recommended Stories

USD/JPY Forecast – US Dollar Continues to Grind Higher Against Yen

Rents Set to Be Last Domino to Fall in Global Inflation Battle

A recession in early 2025 could send the stock market tumbling 30%, strategist says

Layoffs in 2024: A List of Companies Cutting Jobs This Year

A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says

Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’

U.S. Treasury Bonds Have Gotten Harder to Sell. This Week Could Be Different.

The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated, and It Comes With Bad News and Worse News for Retirees

Inflation-hit Argentina launches new top banknote, worth just $10

Social Security just passed Medicare as the government's most pressing insolvency risk