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Missouri unemployment drops to lowest rate since 2000



Missouri’s unemployment dipped slightly this month, hitting its lowest rate since 2000, according to a new report from the Missouri Department of Economic Development.

The department’s data, released Wednesday, show the seasonally adjusted unemployment rate dropped to 3.4 percent in July. That’s down from 3.5 percent in June.

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In July 2017, the state’s unemployment was at 3.6 percent and hovered between 3.6 percent and 3.7 percent for most of last year. That rate started dropping in June.

According to department data, seasonally adjusted employment grew by about 9,800 jobs in July compared to June.

The labor force counts people with jobs and those who are on unemployment but looking for work.

Read more: Associated Press

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