MO Unemployment: Steadily Decreasing, Doing Well

The Bureau of  Labor Statistics and Missouri Economic Research and Information Center released seasonally-adjusted unemployment data last week. Missouri saw the third largest over-the-month increase in non-farm payroll employment (+17,900) behind Texas (+38,000) and Florida (+23,200). Missouri tied with Hawaii and Oklahoma for the largest over-the-month percentage increase in employment (+0.7 percent).

Overall in the U.S., there was generally little change in regional and state unemployment in August.

According to data released by MERIC, Missouri’s unemployment has steadily decreased over the past year between August 2011 and August 2012, from 8.6 percent to 7.2 percent.

Missouri’s numbers have consistently stayed lower the U.S. unemployment rates, which have fluctuated more over the past year. In August 2012, the U.S. unemployment rate was 8.2 percent.

Within Missouri, Columbia saw a 0.7 percent decrease in unemployment between July 2012 and August 2012, and a 1.5 percent decrease over the last year. Jefferson City’s month and year changes were a 0.5 percent decrease and a 1.4 percent decrease respectively.

For the Missouri portion of the Kansas City area, unemployment only dropped 0.3 percent since July, but dropped 1.8 percent since last August. The Missouri portion of the St. Louis area had 0.5 percent and 1.6 percent decreases respectively.

To see a full breakdown of unemployment within Missouri, click here. For a county-by-county map of Missouri unemployment rates, click here. For a similar map by percent yearly change in unemployment rates, click here.


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