Missouri unemployment rate dips to 4.1 percent in February

Missouri’s unemployment rate dropped again in February, according to the latest labor force report from the Missouri Department of Economic Development. The state’s jobless has declined each of the past six months.

The seasonally adjusted unemployment rate dropped a tenth of a point, down to 4.1 percent, compared to 4.2 percent in January. That also marks a decrease from the same time a year ago, when the unemployment rate stood at 4.5 percent. 

Missouri gained 6,778 jobs in February, with an increase of 3,500 jobs in non-farm employment. This February marked an increase of 15,667 jobs in seasonally adjusted non-farm employment over last February.

The biggest month-over-month gains were in leisure and hospitality (5,400), service providing (3,200), mining and construction (2,500). The sectors with biggest month-over-month losses were manufacturing (2,200), retail (2,700) and health care (2,200).

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