Mississippi Q4, 2019 Employment Statistics

  • 75,071 employers, up 0.6% from 74,636
  • 1,143,104 employees, up 0.0% from 1,142,788
  • $818 average weekly wage, up 3.2% from $793
  • The average weekly wage is 31.0% below the national average
  • The cost of living is 13.9% below the national average

Employer & Employee Growth

In the last year, the number of employers in the state increased by 435, which is an increase of 0.6%. The number of employees in Mississippi increased by 316, an increase of 0.0%. During this same period, the average weekly wage increased by $25, an increase of 3.2%.

The number of private employers increased since last years' Q1. The number of private businesses increased by 341 or 0.5%. Growth in private businesses in Mississippi grew slower than the national average of 2.5%. The number of employees in these businesses decreased since last years' Q1, declining by 1,256 or 0.1%. The growth in employees of private businesses in Mississippi was slower than the national average of 1.2%.

The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $24 or 3.1%. Growth in average weekly wage of employees of private businesses in Mississippi grew slower than the national average of 3.8%.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Retail trade with 15.4% of the businesses in the state. The number of businesses in this sector declined by 1.6%. Professional services (10.4%), which increased by 3.0% and Healthcare (9.2%), which increased by 0.5%, round out the 3 largest sectors.

Table: Sectors by Year-over-Year Qtly Business Change %
SectorChange Biz% Change
Professional services2293.0%
Accommodation and food services1212.1%
Information202.1%
Educational services111.5%
Company management91.4%
Transport and warehousing401.4%
Waste services511.2%
Real estate and rental260.9%
Healthcare340.5%
Finance and insurance200.4%
Construction200.3%
Wholesale trade-3-0.1%
Other services-11-0.2%
Utilities-2-0.4%
Manufacturing-12-0.5%
Arts and entertainment-4-0.5%
Agriculture and forestry-8-0.5%
Retail trade-186-1.6%
Mining and oil extraction-14-3.0%


Employees by Sector

The sector with the greatest number of employees in the state is Manufacturing with 12.9% of the employees in the state, had an increase in employees of 1.2% in the last year. Retail trade (12.0%), decreased by 2.0% and Healthcare (11.9%), increased by 1.2%, round out the top 3 sectors.

Table: Sectors by Year-over-Year Qtly Employee Change %
SectorEmployee Change% Change
Arts and entertainment4585.2%
Transport and warehousing2,1114.2%
Construction1,1192.5%
Professional services5241.7%
Manufacturing1,7021.2%
Healthcare1,5811.2%
Accommodation and food services1,4151.1%
Real estate and rental320.3%
Finance and insurance10.0%
Wholesale trade-63-0.2%
Utilities-52-0.7%
Other services-201-0.9%
Educational services-159-1.4%
Retail trade-2,783-2.0%
Agriculture and forestry-371-2.9%
Information-445-4.1%
Company management-555-4.7%
Waste services-5,209-7.2%
Mining and oil extraction-358-8.9%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Company management paying $1,762per week compared with the state average of $804. Weekly wages in this sector rose by $69 or 4.1%. Mining and oil extraction ($1,585), rose by $126 or 8.6% and Utilities ($1,568) increased by $4 or 0.3% round out the 3 largest sectors.

Table: Sectors by Year-over-Year Weekly Wage Change %
SectorWage ChangeChange %
Mining and oil extraction$1268.6%
Agriculture and forestry$556.9%
Other services$446.4%
Waste services$305.7%
Company management$694.1%
Finance and insurance$484.0%
Wholesale trade$443.7%
Real estate and rental$253.4%
Retail trade$173.3%
Manufacturing$282.9%
Transport and warehousing$212.5%
Healthcare$161.9%
Construction$201.9%
Arts and entertainment$71.8%
Accommodation and food services$41.1%
Professional services$141.1%
Educational services$71.0%
Utilities$40.3%
Information$20.2%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Mississippi. the industry with the most businesses is Restaurants and other eating places with 6.2% of the businesses in the state (with 4,663 employing 90,850 workers). The Restaurants and other eating places industry had 113 more businesses, an increase of 2.5% in the last year. Gasoline stations with convenience stores (2.8% of businesses) had 1 fewer businesses, a decline of 0.0% and Computer systems design and related services (2.4% of businesses) added 71 businesses, an increase of 4.2% round out the 3 industries with the most businesses.

Table: Top 7 Industries by Business Change %
IndustryBusiness Chg% Change
Footwear merchant wholesalers3100.0%
Credit bureaus375.0%
Toy and hobby goods merchant wholesalers375.0%
Other activities related to real estate1959.4%
Agents and managers for public figures250.0%
Other support activities for transportation350.0%
Fishing440.0%


Table: Top 7 Industries by Business Change #
IndustryBusiness Chg% Change
Restaurants and other eating places1132.5%
Computer systems design and related services714.2%
Accounting and bookkeeping services625.7%
Temporary help services454.0%
Other outpatient care centers4017.5%
Druggists' goods merchant wholesalers3515.6%
Medical equipment merchant wholesalers3211.5%


Employees by Industry

Gasoline stations with convenience stores (2.8% of employees) had 1 fewer employees, a decline of 0.0% and Computer systems design and related services (2.4% ofemployees) added 71 employees, an increase of 4.2% round out the 3 industries with the most employees.

Table: Top 7 Industries by Employee Change %
IndustryEmp Chg% Change
Other basic inorganic chemical manufacturing94137.5%
Agents and managers for public figures472.8%
Financial transaction processing and clearing7365.4%
Forging and stamping17763.6%
Wiring device manufacturing7462.3%
Independent artists writers and performers3761.6%
Food crops grown under cover558.3%


Table: Top 7 Industries by Employee Change #
IndustryEmp Chg% Change
Restaurants and other eating places1,8132.0%
Services for the elderly and disabled9088.9%
Other support activities for air transport.62657.0%
Hotels and motels except casino hotels5966.1%
Other specialized trucking long-distance56618.7%
Computer systems design and related services4818.9%
General warehousing and storage4613.1%


Average Weekly Wage by Industry

The industry that pays their employees the most is Investment banking and securities dealing, paying $4,477 compared with the state average of $804. Employees in the Investment banking and securities dealing industry were paid $1,840 more per week, an increase of 69.8% in the last year. Miscellaneous intermediation ($4,090) and Coal and other mineral merchant wholesalers ($4,076) round out the top 3 industries. Employees in the Miscellaneous intermediation ($4,090 per week) were paid $66 more per week, an increase of 1.6% and Coal and other mineral merchant wholesalers ($4,076 per week) were paid $635 more per week, an increase of 18.5% round out the 3 industries that pay their employees the most.

Table: Top 7 Industries by Wage Change %
IndustryWkly Chg% Change
Financial transaction processing and clearing$1,507122.2%
Other gambling industries$318113.6%
Parking lots and garages$21482.9%
Tour operators$41178.3%
Investment banking and securities dealing$1,84069.8%
Vegetable and melon farming$23550.9%
Other durable goods merchant wholesalers$48748.5%


Table: Top 7 Industries by Wage Change $
IndustryWkly Chg% Change
Investment banking and securities dealing$1,84069.8%
Financial transaction processing and clearing$1,507122.2%
Open-end investment funds$71124.7%
Coal and other mineral merchant wholesalers$63518.5%
Photographic equip. merchant wholesalers$49534.9%
Other durable goods merchant wholesalers$48748.5%
Mortgage and nonmortgage loan brokers$46529.3%


Company Size

Mississippi Businesses by Size

The solopreneur company, has the most businesses in Mississippi by far. 57.1% of all businesses in the state have fewer than 5 employees. The 67,461 small businesses in the state represent 95.7% of all private businesses. The national average is 91.2%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Mississippi added 1,359 businesses in the last year, an increase of 2.0% as compared to the national average of 3.0%.

Small businesses are defined as companies with fewer than 50 employees. These small businesses added 1,354 businesses in the last year, which is an increase of 2.0% as compared to the national average of 3.1%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 2 businesses in the last year, which is an increase of 0.1% as compared to the national average of 1.3%.

Large businesses are defined as companies with more than 500 employees. These large businesses added 3 businesses in the last year, which is an increase of 2.6% as compared to the national average of 2.1%.



Mississippi Employees by Business Size

Mississippi added 23,461 employees in the last year, an increase of 2.7% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 10,952 businesses in the last year, which is an increase of 19.4% as compared to the national average of 4.2%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 3,290 employees in the last year, which is an increase of 1.0% as compared to the national average of 4.7%.

Large businesses are defined as companies with more than 500 employees. Large businesses added 9,219 employees in the last year, which is an increase of 7.8% as compared to the national average of 9.2%.

Mississippi Avg Weekly Wages by Business Size

Mississippi workers in every size business are paid less than the national average. The smallest companies in Mississippi (those with fewer than 5 employees) pay workers 22.0% less than the national average ($824 per week as compared to the national average of $1,005 per week). The largest companies in Mississippi (those with more than 1,000 employees) pay 103.7% workers below the national average ($939 per week as compared to the national average of $1,913 per week).

Average weekly wages in small businesses added $63 per week in the last year, which is an increase of 2.2% as compared to the national average of 3.1%. Employees of mid-sized businesses added $22 in wages per week in the last year, which is an increase of 1.0% as compared to the national average of 1.3%.

Employees of large businesses added $34 of weekly wages in the last year, which is an increase of 1.8% as compared to the national average of 2.1%.

Top Industries for Business and Employment

The table below illustrates the largest industries in the state, by number of businesses:

Table: Top 10 Industries by # of Businesses
Industry# Businesses% Change
Restaurants and other eating places4,6632.5%
Gasoline stations with convenience stores2,0900.0%
Computer systems design and related services1,7784.2%
Offices of physicians1,731-0.9%
Offices of lawyers1,5100.5%
Insurance agencies and brokerages1,5000.3%
Temporary help services1,1764.0%
Accounting and bookkeeping services1,1575.7%
General merchandise stores including warehouse clubs and supercenters1,051-1.0%
Commercial banking1,0420.0%


The table below illustrates the largest industries in the state, by number of employees:

Table: Top 10 Industries by # of Employees
Industry# Employees% Change
Restaurants and other eating places90,8502.0%
General merchandise stores including warehouse clubs and supercenters29,536-2.6%
General medical and surgical hospitals26,604-0.9%
Temporary help services26,203-16.2%
Offices of physicians21,7421.5%
Animal slaughtering and processing17,9360.4%
Casino hotels17,882-4.3%
Nursing care facilities skilled nursing17,498-0.4%
Other household and institutional furniture15,649-0.2%
Supermarkets and other grocery stores15,642-4.0%


The table below illustrates the largest industries in the state, by highest wages:

Table: Top 10 Industries by Weekly Wage
IndustryWkly Wages% Change
Investment banking and securities dealing$4,47769.8%
Miscellaneous intermediation$4,0901.6%
Coal and other mineral merchant wholesalers$4,07618.5%
Open-end investment funds$3,58824.7%
Securities brokerage$2,9610.3%
Financial transaction processing and clearing$2,740122.2%
Druggists' goods merchant wholesalers$2,5716.2%
Independent artists writers and performers$2,485-34.4%
Portfolio management$2,47116.4%
Crude petroleum extraction$2,28412.5%




Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.