Missouri Unemployment Rate Remains Lower than Nation

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

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
FULTON- Sen. Bernie Sanders (I-Vermont) says America needs to have a bigger debate on the country's current foreign policy. ... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 3:29:00 PM CDT September 21, 2017 in News
KANSAS CITY (AP) — A private Catholic school for girls in Kansas City says it has disciplined a group of... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 3:23:16 PM CDT September 21, 2017 in News
COLUMBIA - Some mid-Missouri residents who know what it's like to live through a horrific natural disaster have some advice... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:37:00 PM CDT September 21, 2017 in News
SPRINGFIELD (AP) — A Missouri congressman has heightened security to his office after a shooting at a congressional baseball practice... More >>
2 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:01:00 PM CDT September 21, 2017 in News
MOBERLY- Moberly Fire Department firefighters dropped down 8 feet underground Thursday to rescue two mock victims. “It’s a little... More >>
3 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 12:45:00 PM CDT September 21, 2017 in News
ST. LOUIS (AP) — The Latest on demonstrations following the acquittal of a former St. Louis police officer (all times... More >>
4 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 11:49:00 AM CDT September 21, 2017 in News
COLUMBIA - President Trump publicized his support this week for the replacement of the Affordable Care Act with the Graham-Cassidy... More >>
5 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:54:00 AM CDT September 21, 2017 in News
PLATTE CITY (AP) — Jurors have convicted a Kansas City, Kansas, man of first-degree murder for being an accomplice in... More >>
5 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:45:00 AM CDT September 21, 2017 in News
ST. LOUIS (AP) — The Latest on demonstrations after the acquittal of a former St. Louis police officer (all times... More >>
6 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:24:00 AM CDT September 21, 2017 in News
ST. LOUIS — There have been more fatal police shootings in St. Louis in 2017 than for a decade —... More >>
6 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 9:35:00 AM CDT September 21, 2017 in News
COLUMBIA - Home Instead Senior Care in Columbia is set to host a day of education: Alzheimer's Learning Day. ... More >>
13 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:53:00 AM CDT September 21, 2017 in News
COLUMBIA - Veterans living in the Patriot Place apartments will now have room to take their four-legged friends and their... More >>
21 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 7:22:00 PM CDT September 20, 2017 in News
COLUMBIA - The University of Missouri has received a grant from the American Cancer Society and CVS Health Foundation to... More >>
21 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:55:00 PM CDT September 20, 2017 in News
KANSAS CITY (AP) — A man has been charged in the killing of an off-duty police officer at a restaurant... More >>
21 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:55:00 PM CDT September 20, 2017 in News
COLUMBIA - Funding for the Children's Health Insurance Program (CHIP) is set to end on Sept. 30. The program... More >>
21 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:33:00 PM CDT September 20, 2017 in News
JEFFERSON CITY - Hasbro and Missouri UnitedHealthcare developed a wristband that can help reduce child obesity while getting kids up... More >>
21 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:32:00 PM CDT September 20, 2017 in News
ST. LOUIS (AP) — St. Louis police could be wearing body cameras within 60 to 90 days. After a... More >>
22 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:02:00 PM CDT September 20, 2017 in News
OSAGE BEACH - A firefighter was hospitalized with heat exhaustion after responding to a condo building fire Wednesday at 9:54... More >>
22 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:53:00 PM CDT September 20, 2017 in News
Columbia, MO
Broken Clouds 91°
5pm 92°
6pm 90°
7pm 87°
8pm 84°

Select a station to view its upcoming schedule:

Coming Up Next

4:00p
Jeopardy!
4:30p
Jeopardy!
5:00p
KOMU 8 News @ 5
4:00p
The Goldbergs
4:30p
The Goldbergs
5:00p
American Dad!

Tonight's Schedule

7:00p
American Ninja Warrior
9:00p
Chicago Fire
7:00p
Penn & Teller: Fool Us
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld