5 years, 7 months ago by Jim Dewey
Lowest rate of the 21st century.
Missouri's unemployment remains at an 18 year low.
According to the latest figures from the Missouri Department of Economic Development, the state's unemployment rate edged down another tenth of a point to 3.3 percent in August, down 3 tenths of a percent over last year. The last time the state’s unemployment rate was lower than 3.3 percent was in February 2000. Missouri’s rate has been lower than the comparable U.S. rate for 40 consecutive months. The Federal rate currently sits at 3.9 percent. August nonfarm payroll employment in Missouri was 1,000 jobs higher than the revised July level. Jobs in the private sector increased by 2,700 over the month.Industries with job growth included Professional and Business Services, Financial Activities, and Leisure and Hospitality. Some of these gains were partly offset by job decreases in Trade, Transportation and Utilities; Manufacturing; and Local Government.
