Jobless rate drops 2 percent in Webster County

From Press, Staff Reports

Webster County’s unemployment rate dropped 2 percent in August, the latest figures show.

The August jobless rate was 10.7 percent, which compares to 12.7 percent in July and 13.6 percent in August 2011. Out of a labor force of 3,420, Webster County had 3,050 people employed in August. A month earlier the labor force was 3,440 with 3,000 employed.

Statistics from the Mississippi Department of Employment Security, which date back to January 1970, show the county’s highest unemployment rate for August came in 2002, when it reached 17.6 percent. The lowest rate for that period was in 1973, when it dropped to 2.3 percent.

For calendar year 2012 to date, Webster County’s lowest jobless rate was seen in April, when it was at 10.6 percent. The highest was in June, when it reached 12.9 percent.

August jobless rates in counties that adjoin Webster: • Calhoun, 8.3 percent. • Grenada, 8.5 percent. • Oktibbeha, 8.7 percent. • Choctaw, 9.8 percent. • Chickasaw, 10.2 percent. • Montgomery, 11.8 percent. • Clay, 16.4 percent (the state’s highest)

Webster County’s August jobless rate was the 23rd highest of the state’s 82 counties, according to date provided by the Mississippi Department of Revenue. Seasonally adjusted, the state’s jobless rate was at 9.1 percent in July while the national rate was at 8.1 percent.