February 17, 2017 in Business
By EMILY WAGSTER PETTUS
State economist Darrin Webb tells lawmakers Thursday that Mississippi has “struggled to gain momentum” since 2000.
The state had the second-lowest workforce participation rate in the nation in 2016. Only 56 percent of Mississippi residents who are 16 are older were working or actively looking for a job. The national average was nearly 63 percent. Webb says only West Virginia, at 53 percent, had a worse rate than Mississippi.
Mississippi’s population is also growing more slowly than that of the nation or the Southeast. Webb says that is a reflection on the economy because people like to live where they have job opportunities.