Missouri unemployment rate keeps falling, hits 3.9 percent

The unemployment rate in the Show-Me State continues to decline, the Missouri Department of Economic Development reported Tuesday. Missouri’s seasonally adjusted unemployment rate was 3.9 percent in March, down from 4.1 percent in February and 4.5 percent in March 2016.

After hitting 4.8 percent in July and August, unemployment in the state has dropped every month since.

Data also show Missouri gained about 770 jobs from February to March. The state seasonally adjusted nonfarm employment reached more than 2.97 million in March, up more than 17,500 from the same time last year.

The change in nonfarm employment came as the seasonally adjusted civilian labor force fell by nearly 5,700 people from February to March. The labor force counts people with jobs and those who are on unemployment but looking for work.

Read more: Southeast Missourian


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