The U.S. Bureau of Labor Statistics on Friday, July 21 announced that Mississippi’s unemployment rate reached a new record low in June 2023. June’s 3.1 percent unemployment rate marks the fourth consecutive month that Mississippi set a new record low.
“Reaching an all-time low unemployment rate four months in a row is an incredible accomplishment for Mississippi,” said Gov. Tate Reeves. “It goes to show just how much momentum our state has. Whether it’s education or the economy, Mississippi continues to set records and make history. Our conservative approach to managing Mississippi is working.”
Mississippi was one of only 11 states to see a drop in its unemployment rate in June.
Mississippi’s new all-time low unemployment rate builds upon a string of victories for the state. Mississippi was recently recognized as one of the top five states for high-quality pre-K. Mississippi’s high school graduation rate is currently at an all-time high, and the state is leading the nation in fourth grade reading and math gains.
The national unemployment rate for June was set at 3.6 percent, according to the U.S. Bureau of Labor Statistics.