Missouri Unemployment Rate Remains Lower than Nation

3 years 5 months 3 weeks ago March 06, 2013 Mar 6, 2013 Wednesday, March 06 2013 Wednesday, March 06, 2013 2:14:00 PM CST in News
By: Jiselle Mculligan

COLUMBIA - The Missouri Department of Economic Development released data Tuesday on Missouri's unemployment rate, revealing its 6.6 percent ranked lower than the national average of 7.6 percent in December 2012.

According to the the U.S. Bureau of Labor Statistics, the U.S. unemployment rate for January 2013 was 7.9 percent. December marked the 41th consecutive month Missouri ranked lower than the national unemployment rate.

Bernie Andrews of Regional Economic Development in Columbia said an ideal rate for Boone County is less than 4 percent. Boone County's unemployment rate in December was 4.0 percent.

"It's a positve outlook. I've seen the trends for unemployment continuing to go down. Columbia is typically two to three percent below than the state, federal unemployment," Andrews said.

Despite the reduction in unemployment, Missouri payrolls decreased by 4,700 jobs in January 2013. Andrews said several economic indicators can affect this rate, including educational level and the strength of different sectors of the area. For Columbia, Andrews said he noticed a different trend as a result of the decline.

"Some of the trends that I see, the housing market is starting to come back but there hasn't been a lot of new job creation but the unemployment rate is going down. We are starting to see things like foreclosure lowering, the housing market increasing," Andrews said.

Unemployment rates for Callaway, Cole, Moniteau, Osage, and Howard counties decreased in December by one percent over the same time last year.

However, some unemployment rates increased by one percent -- including Platte County from 6.0 percent to 6.7 percent.

More News

Grid
List
SIKESTON - The Missouri State Highway Patrol issued an endangered person advisory for a 14-year-old girl who was last seen... More >>
4 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 9:21:00 PM CDT in News
PLATTE CITY (AP) — Prosecutors said a Florida man has been charged with trying to bribe three Missouri State Highway... More >>
7 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 7:18:12 PM CDT in News
COLUMBIA - A new law went into effect Sunday that now requires students across the state of Missouri to say... More >>
8 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 6:10:00 PM CDT in News
JEFFERSON CITY- A Cybersecurity Summit will be held Tuesday to educate people on cyber threats, how to identify best practices... More >>
9 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 5:15:00 PM CDT in News
JEFFERSON CITY – Lester Turilli (right), the Independent candidate for Missouri Governor, held a press conference outside the State Capitol... More >>
10 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 4:13:00 PM CDT in News
SPRINGFIELD - A Sedalia man on supervised release after spending time in prison for receiving and possessing child pornography might... More >>
11 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 3:11:00 PM CDT in News
CAMDENTON - Firefighters found two bodies after a mobile home fire in Camdenton this morning. Due to the suspicious circumstances... More >>
11 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 3:04:00 PM CDT in Continuous News
COLUMBIA — A new bill went into effect Monday, modifying anti-bullying policies in schools across Missouri. HB 1583 is... More >>
12 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 2:01:00 PM CDT in News
ST. JOSEPH (AP) — Authorities say a body found last week in the Missouri River was that of a 24-year-old... More >>
13 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 12:44:00 PM CDT in News
ST. LOUIS (AP) — A transgender inmate is suing the Missouri prison system for refusing to provide hormone therapy as... More >>
13 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 12:40:59 PM CDT in News
FULTON — Two Fulton schools were placed on lockdown Monday morning after the Fulton Police Department received a call from... More >>
14 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 12:19:00 PM CDT in News
ST. LOUIS (AP) — St. Louis police are searching for suspects after a Molotov cocktail was tossed into the SUV... More >>
14 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 11:38:56 AM CDT in News
ST. LOUIS (AP) — A St. Louis man is charged with second-degree murder in the beating death of his son.... More >>
14 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 11:34:42 AM CDT in News
JEFFERSON CITY (AP) — The Missouri auditor says the Republican-led House and Senate should be more transparent and should stop... More >>
15 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 10:59:02 AM CDT in News
PORTAGE DES SIOUX (AP) — The pilot of an ultralight, experimental airplane is shaken but OK after a crash landing... More >>
15 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 10:54:59 AM CDT in News
CAMDEN COUNTY — The Camden County Sheriff's Office said Monday that it was investigating a suspicious fire south of Camdenton... More >>
15 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 10:32:00 AM CDT in News
COLUMBIA — The FDA now recommends screening blood and its components for Zika as it begins to hit the United... More >>
17 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 8:53:00 AM CDT in News
COLUMBIA — The Missouri Department of Conservation (MDC) is seeking the input from people who use the Eagle Bluffs Conservation... More >>
17 hours ago August 29, 2016 Aug 29, 2016 Monday, August 29 2016 Monday, August 29, 2016 8:38:00 AM CDT in News
Columbia, MO
Broken Clouds 75°
3am 74°
4am 73°
5am 73°
6am 73°

Select a station to view its upcoming schedule:

Coming Up Next

2:07a
The Meredith Vieira Show
3:07a
Mad Money
4:00a
Early Today
2:00a
Paid Program
2:30a
Paid Program
3:00a
Paid Program

Tonight's Schedule

7:00p
America's Got Talent
9:00p
Better Late Than Never
7:00p
The Flash
8:00p
MADtv
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld