{
  "edition": "2026-11",
  "publication_date": "2026-11-03",
  "geography": "Lauderdale County, Mississippi; economic context for Meridian",
  "geography_code": "28075",
  "audience": "Lenders, property owners and commercial real estate colleagues",
  "sources": [
    {
      "name": "BLS Local Area Unemployment Statistics",
      "url": "https://www.bls.gov/lau/",
      "api": "https://api.bls.gov/publicAPI/v2/timeseries/data/",
      "sha256": "5af6a178f8efc21b89038a00e881406737f28ff2cc845214250d02c6b227dbbe",
      "observed_at": "2026-11-03T09:51:13.216318+00:00",
      "series_ids": [
        "LAUCN280750000000003",
        "LAUCN280750000000004",
        "LAUCN280750000000005",
        "LAUCN280750000000006"
      ]
    },
    {
      "url": "https://data.bls.gov/cew/data/api/2025/1/area/28075.csv",
      "sha256": "6f151a85c3076be4c7b5b14c5b2434d813b9371d3d626147a1778abba1eb45fe",
      "observed_at": "2026-11-03T11:43:52.020484+00:00",
      "rows": 1181
    },
    {
      "url": "https://data.bls.gov/cew/data/api/2026/1/area/28075.csv",
      "sha256": "6bd4a3bf8048a59e1780d4ac0b4285a55d391e85e5c6d5f465c0abf0ce0fc949",
      "observed_at": "2026-11-03T11:43:52.129674+00:00",
      "rows": 1183
    }
  ],
  "resident_reference": "September2025 versus September2026; current September preliminary; not seasonally adjusted",
  "resident": {
    "rate": {
      "prior": "3.8",
      "current": "3.5",
      "difference": "-0.3",
      "percent_change_full_precision": "-7.894736842105263157894736840",
      "percent_change_display": "-7.89",
      "difference_unit": "percentage points"
    },
    "unemployed": {
      "prior": "1080",
      "current": "973",
      "difference": "-107",
      "percent_change_full_precision": "-9.907407407407407407407407410",
      "percent_change_display": "-9.91"
    },
    "employed": {
      "prior": "27691",
      "current": "27008",
      "difference": "-683",
      "percent_change_full_precision": "-2.466505362753241125275360230",
      "percent_change_display": "-2.47"
    },
    "labor_force": {
      "prior": "28771",
      "current": "27981",
      "difference": "-790",
      "percent_change_full_precision": "-2.745820444197281985332452820",
      "percent_change_display": "-2.75"
    }
  },
  "resident_employment_trend": [
    {
      "period": "2025-09",
      "employed_residents": 27691,
      "source_value": "27691",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2025-10",
      "employed_residents": null,
      "source_value": "-",
      "source_footnotes": [
        {
          "code": "X",
          "text": "Data unavailable due to the 2025 lapse in appropriations."
        }
      ],
      "preliminary": false
    },
    {
      "period": "2025-11",
      "employed_residents": 27574,
      "source_value": "27574",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2025-12",
      "employed_residents": 27930,
      "source_value": "27930",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-01",
      "employed_residents": 27264,
      "source_value": "27264",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-02",
      "employed_residents": 27477,
      "source_value": "27477",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-03",
      "employed_residents": 27572,
      "source_value": "27572",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-04",
      "employed_residents": 27388,
      "source_value": "27388",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-05",
      "employed_residents": 27378,
      "source_value": "27378",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-06",
      "employed_residents": 27144,
      "source_value": "27144",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-07",
      "employed_residents": 27211,
      "source_value": "27211",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-08",
      "employed_residents": 27008,
      "source_value": "27008",
      "source_footnotes": [
        {}
      ],
      "preliminary": false
    },
    {
      "period": "2026-09",
      "employed_residents": 27008,
      "source_value": "27008",
      "source_footnotes": [
        {
          "code": "P",
          "text": "Preliminary."
        }
      ],
      "preliminary": true
    }
  ],
  "matched_march_resident_employment": {
    "prior": "28190",
    "current": "27572",
    "difference": "-618",
    "percent_change_full_precision": "-2.192266761262859169918410780",
    "percent_change_display": "-2.19"
  },
  "workplace_reference": "March2025 versus March2026 covered payroll jobs; first-quarter wages and establishments; current2026 preliminary",
  "workplace": {
    "total_covered": {
      "march_jobs": {
        "prior": "30711",
        "current": "30578",
        "difference": "-133",
        "percent_change_full_precision": "-0.4330695841880759337045358300",
        "percent_change_display": "-0.43"
      },
      "covered_establishments": {
        "prior": "1860",
        "current": "1897",
        "difference": "37",
        "percent_change_full_precision": "1.989247311827956989247311800",
        "percent_change_display": "1.99"
      },
      "average_weekly_wage": {
        "prior": "922",
        "current": "990",
        "difference": "68",
        "percent_change_full_precision": "7.375271149674620390455531500",
        "percent_change_display": "7.38"
      },
      "q1_monthly_jobs": {
        "2025": [
          30922,
          31067,
          30711
        ],
        "2026": [
          30785,
          30528,
          30578
        ]
      }
    },
    "private": {
      "march_jobs": {
        "prior": "25396",
        "current": "25251",
        "difference": "-145",
        "percent_change_full_precision": "-0.5709560560718223342258623400",
        "percent_change_display": "-0.57"
      },
      "covered_establishments": {
        "prior": "1808",
        "current": "1845",
        "difference": "37",
        "percent_change_full_precision": "2.046460176991150442477876100",
        "percent_change_display": "2.05"
      },
      "average_weekly_wage": {
        "prior": "927",
        "current": "1003",
        "difference": "76",
        "percent_change_full_precision": "8.198489751887810140237324700",
        "percent_change_display": "8.20"
      },
      "q1_monthly_jobs": {
        "2025": [
          25631,
          25727,
          25396
        ],
        "2026": [
          25472,
          25188,
          25251
        ]
      }
    }
  },
  "methods": {
    "percent_change": "100 \u00d7 (current/prior \u2212 1)",
    "rate_difference": "Current published unemployment rate minus prior published rate, in percentage points",
    "comparison": "Same calendar month or quarter across years; LAUS and QCEW periods/populations not subtracted or joined as a commuting or trend estimate",
    "precision": "Unrounded Decimal ratios retained. Displayed dollars/percentages use two decimals. Source unemployment rates are published to one decimal and wages to whole dollars; trailing zeros do not add source precision.",
    "missing_month": "October2025 LAUS is unavailable due to the 2025 lapse in appropriations (source footnoteX). It remains null; the chart does not connect across or interpolate that gap.",
    "qcew_selectors": {
      "area_fips": "28075",
      "industry_code": "10",
      "own_code": [
        "0",
        "5"
      ],
      "size_code": "0",
      "quarter": "1"
    },
    "disclosure": "Only published total/private aggregate rows with blank disclosure flags are used; suppressed values are not interpreted as zero."
  },
  "limits": [
    "County measures are not Meridian municipal statistics or a specific property trade area.",
    "LAUS describes employed residents once per person; QCEW describes covered jobs at workplaces. Periods differ.",
    "These comparisons do not identify commuting, migration, retirement, hiring at a specific tenant or causes of participation changes.",
    "Wages are nominal averages affected by workforce mix and bonuses, not same-worker raises or inflation-adjusted purchasing power.",
    "No rents, vacancy, absorption, commercial sale prices, property value conclusion or numerical adjustment is established.",
    "November is the issue date, not a claim of October or November employment observations."
  ],
  "mls_inputs_used": false,
  "confidential_assignment_inputs_used": false
}
