Missouri unemployment improves to 3.2% in August

Missouri’s seasonally adjusted unemployment rate dropped to 3.2% in August, one-tenth of a percentage point lower than in July, but 0.2% higher than in August of last year, the Missouri Department of Economic Development announced Wednesday.

The state added 1,200 non-farm jobs in the past month and some 38,200 jobs over the past year, the report said. Percentage-wise, Missouri has seen the most growth over the past year in federal government jobs, which have risen 4.7%. The biggest drop was in mining and logging jobs, which fell 2.3%.

By raw numbers, Missouri has seen the biggest sector-specific growth over the past year in health Care and Social Assistance, which has added 13,700 jobs; accommodation and food services, which has added 6,600 jobs; and professional, scientific and technical services, which has added 5,700 jobs.

The report also mentioned an increase in startup businesses across the state. In 2018, some 44,500 jobs with startup businesses were added to the economy.

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