Missouri unemployment holds at 3.3% in June

Missouri’s seasonally adjusted unemployment rate remained at 3.3% in June for the fourth month in a row, but that was two-tenths of a point higher than in June of last year, the Missouri Department of Economic Development announced Wednesday.

The state economy added 28,900 non-farm jobs in the last year, including 10,300 in health and social services; 5,700 in accommodation and food services; and 5,000 in professional, scientific and technical services.

Sector-specific job growth was highest in professional, scientific and technical services at 3.1% .

Purchasing Managers’ Index rises

The state’s Purchasing Managers’ Index for June was 59.9, according to the Mid-America Business Conditions Survey conducted by Creighton University.

That marked an increase of 2.8 points over May. It was 4.5 points higher than the regional average of 55.4 and 8.2 points higher than the national average of 51.7.

The index includes inputs like new orders, inventories, prices and employment. A score above 50 typically indicates an expansionary economy over the next three to six months.

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