Missouri Job Growth Continues Upward

6 years 11 months 2 days ago Wednesday, May 16 2012 May 16, 2012 Wednesday, May 16, 2012 7:04:00 PM CDT May 16, 2012 in News
By: Scott Malone
loading

COLUMBIA - The Missouri Department of Economic Development released data Tuesday which said the state created 6,000 jobs in April. The report also increased the estimate of March job creation from 4,800 jobs to 6,800 jobs.

The department said the state has created 35,500 jobs so far this year. "Missouri's job growth of 35,500 in the first four months of this year is also better than the growth of all eight surrounding states in the same time period," Director of Communication John Fougere said.

April's job growth led to a drop of one-tenth of a percentage point in the state's unemployment rate to 7.3 percent. That rate is the lowest it has been in the last 40 months. The national unemployment rate for April was 8.1 percent. Missouri's unemployment rate has been below the national rate since last May.

He also cited a collection of layoff data from major companies in Missouri. "Last month, layoffs by major companies in Missouri were down 71 percent. That's a huge sign of how we're doing as a state."

Those major companies include IBM, which said last year it would hire 800 people for its Columbia service delivery center. "IBM is another example of big companies looking at us as a good place to expand into," he said.

Fougere said the health care and auto manufacturing industries are the leading job creators for the state. Fougere said auto manufacturing, in particular, is "really taking off, with Ford and GM announcing the addition of more than 3,200 jobs at plants in Missouri last year."

"What a lot of people don't realize is that for a time in the past, the state of Missouri produced almost as many cars as Detroit. Now, though it is slow, we are heading into that direction again," he said. "Manufacturing created 6,000 jobs last year. This year, they've already created 7,000 jobs."

Fougere added that the construction industry also is creating a lot of jobs this year. "The construction industry is on the rise because of two things: the housing industry, and the warm weather. We had a mild winter and mild spring this year, so that obviously helps out construction companies," he said.

The department projects the health care industry to be three of the top five largest job creators by the end of the year.

Fougere also said foreign exports are excelling. "State exports are up 15.4 percent through the first quarter of 2012. That increase continues a record-setting trend which comes after a record $14.1 billion in state export sales just last year."

"That's a sign that foreign countries are looking at us as a state that is worth investing money in," he said.

The state already has $3.96 billion in exports through the first four months of 2012. Transportation equipment, chemicals, and food and kindred products make up 54.5 percent of the state's exports so far. Transportation equipment alone counts for $1.1 billion.

 

 

More News

Grid
List
JEFFERSON CITY, Mo. (AP) — The Missouri social services director is resigning to take a job with a faith-based nonprofit.... More >>
5 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 8:33:00 PM CDT April 18, 2019 in News
COLUMBIA - Parents and fans cheered from the bleachers as they watched students of all different abilities show off their... More >>
6 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 7:34:00 PM CDT April 18, 2019 in News
JEFFERSON CITY - People packed the hearing room for a Senate hearing Thursday on a bill that would expand where... More >>
7 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 6:17:00 PM CDT April 18, 2019 in News
OSAGE BEACH - The Osage Beach Board of Alderman denied the passage of a new bill Thursday night that would... More >>
7 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 6:11:00 PM CDT April 18, 2019 in News
TANGLEWOOD - The Callaway County Ambulance District had plans to move into a new building by the end of... More >>
8 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 5:11:00 PM CDT April 18, 2019 in News
COOPER COUNTY - It's been four months since someone shot and killed Sioux Falls mother Melissa Peskey while she was... More >>
8 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 5:06:00 PM CDT April 18, 2019 in News
COLUMBIA - The Public Transit Advisory Commission met Thursday night to discuss Columbia's bus route changes. According to Columbia's... More >>
9 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 3:50:00 PM CDT April 18, 2019 in News
JEFFERSON CITY (AP) — A bill to change how Missouri colleges and universities handle complaints of sexual assault and harassment... More >>
11 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 2:01:00 PM CDT April 18, 2019 in News
COLUMBIA - Nearly two years after Robert Mueller took on the role of special counsel to look into Russian election... More >>
15 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 10:18:00 AM CDT April 18, 2019 in News
CALLAWAY COUNTY - Several agencies responded to a fire near Millersburg Thursday. Officials say they received a call around... More >>
18 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 6:56:00 AM CDT April 18, 2019 in News
COLUMBIA - On April 18, 1969, Boone County National Bank filled a model rocket with things from the time period... More >>
22 hours ago Thursday, April 18 2019 Apr 18, 2019 Thursday, April 18, 2019 3:09:00 AM CDT April 18, 2019 in News
JEFFERSON CITY - The Jefferson City Parks and Recreation Department is considering removing a fee for dog park users. ... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 8:05:00 PM CDT April 17, 2019 in News
FULTON - Wednesday marked two years since Carl DeBrodie was reported missing from an assisted living facility in Fulton, and... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 8:04:00 PM CDT April 17, 2019 in News
JEFFERSON CITY – A new bill up for hearing Wednesday night is fighting against the discrimination of what some consider... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 7:05:00 PM CDT April 17, 2019 in News
JEFFERSON CITY (AP) — An attempt to abolish jail time for possessing small amounts of marijuana has failed in... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 5:52:49 PM CDT April 17, 2019 in Continuous News
JEFFERSON CITY (AP) — Some Republican Missouri lawmakers are calling for the resignation of University of Missouri-Kansas City Chancellor C.... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 5:26:00 PM CDT April 17, 2019 in Continuous News
JEFFERSON CITY - Attorney General Eric Schmitt is using a new website to ask Missourians to share their real-life stories... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 5:25:00 PM CDT April 17, 2019 in News
COLUMBIA – KOMU 8 News has learned American Airlines is adding additional flights to Chicago starting Friday, May 3. ... More >>
1 day ago Wednesday, April 17 2019 Apr 17, 2019 Wednesday, April 17, 2019 5:00:00 PM CDT April 17, 2019 in News
Columbia, MO
Broken Clouds 50°
2am 49°
3am 49°
4am 48°
5am 46°