Here's how unemployment in Tippah County, Mississippi compares
Here's how unemployment in Tippah County, Mississippi compares
Tippah County's unemployment rate in November was 2.3%—ranked #70 highest out of 82 in the state.
Nationally, unemployment has leveled with pre-COVID rates, measuring between 3.5% and 4% for most of the past two years. Bureau of Labor Statistics data showed a 3.7% unemployment rate in November. Previously, unemployment skyrocketed to 14.7% at the height of the COVID-19 pandemic in April 2020, and those rates remained elevated through late 2021.
Though national unemployment has mostly normalized, local economies vary widely. Stacker used Bureau of Labor Statistics data to analyze unemployment in Tippah County over time, and how it stacks up within Mississippi and across the nation.
The unemployment rate in Tippah County is 1.4 percentage points below the national level, and 1.0 percentage points below the state level. It ranks #70 among counties in Mississippi—ranked first by the preliminary November 2023 unemployment rate, then breaking ties by the number of unemployed people. It trails behind DeSoto County, which also has an unemployment rate of 2.3%, but surpasses Lee County (2.2%).
In real terms, it means an estimated 221 of Tippah County's approximately 9,489 working residents are out of a job at the moment. That's 14 fewer than last month and 84 fewer than a year ago. Some economists fret another recession may be on the horizon, which would drive unemployment up with business closures and layoffs.
This story was produced using automation across 3,100 counties, boroughs, and parishes, based on writing and data reporting by Paxtyn Merten.