Mississippi’s Unemployment Rate Again Reaches Record Low

JACKSON, Miss. – The U.S. Bureau of Labor Statistics announced that Mississippi’s unemployment rate reached a new record low of 3% in March 2024.

“This is another sign that Mississippi’s economy is firing on all cylinders,” said Governor Tate 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.”

Mississippi’s new all-time low unemployment rate is another major win for the state. Mississippi was 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 better than the national average, and the state led the nation in fourth grade reading and math gains.

Just one month into 2024, Mississippi set a record for new private sector investment in a year when it finalized approximately $12 billion in new economic development projects. This includes the largest economic development project in Mississippi’s history, a $10 billion private sector investment by Amazon Web Services that will create 1,000 jobs.
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