Missouri unemployment matches record low at 3.1 percent

Missouri’s seasonally adjusted unemployment rate tied a record low in October, improving by a tenth of a point to 3.1 percent, the Missouri Department of Economic Development announced Thursday.

That matches October 1999 and January 2000 for the lowest monthly unemployment rate since the figure has been tracked, dating back to 1976.

The state’s seasonally adjusted labor force grew to 3,065,576 in October. That’s up 3,615 jobs from September and 16,695 from October 2017. The unemployment rate improved from 3.2 percent in September and 3.6 percent a year ago.

The biggest job gains came in the private services sector. Accommodation and food services was the top sector for job growth, adding 2,500 jobs. Two categories added 1,600 jobs apiece — professional, scientific and technical services, and health care and social assistance.

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