Missouri’s unemployment rate continued its slow but steady climb in July as the U.S. rate continued to drop.
The state’s 7.1 percent unemployment rate in July was at the same level as last year. Missouri’s unemployment rate hit its one-year low, 6.6 percent, in November and started to rise again in February, according to the Missouri Economic Research and Information Center’s database. Over that same period, the U.S. rate went through ups and downs, but it dropped to 7.4 in July, the lowest figure since December 2008.
Total labor force in Missouri increased minimally from June to July. Meanwhile, the state’s unemployment number went up almost 3 percent, from about 207,000 in June to 213,000 in July, according to MERIC. The July unemployment number was about 2,000 higher than last year.