St. Louis Region Jobs Records Best Jobs Gains In 12 Years

Photo courtesy of Creative Commons

The Bureau of Labor Statistics says the region added 9,100 jobs in October. The region has added 23,000 since the start of the year. The Federal Reserve Bank of St. Louis’s data says the 9,100 jobs added is the most in one month since 1998.

October’s payroll employment figure of 1.31 million is the highest since Feb. 2009.

Jobs in education and health care remained steady during the recession and have seen big gains this year. Finance and professional and business services have returned to pre-recession levels. Manufacturing jobs have plateaued since its increases last year. Construction, trade and transportation jobs have also went up, but is still far below its pre-recession numbers.

The jobless rate remains at 7.4 percent seasonally adjusted, a half-point below that national average.

Despite the gains, the St. Louis Region remains 56,000 jobs under its 2008 peak. Some census data suggests the jobs created don’t pay as well as the jobs they are replacing.

Read more on St. Louis Post-Dispatch.

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