Missouri Unemployment Rate Remains Lower than Nation

6 years 1 week 6 days 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
CALLAWAY COUNTY - Missouri state troopers had to carefully watch a closure of Highway 94 near Portland earlier this week... More >>
3 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 7:01:00 PM CDT March 20, 2019 in News
FULTON - Everything is free in the Fulton store From His House to Your House. The operation is 100... More >>
5 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 4:57:00 PM CDT March 20, 2019 in News
ASHLAND - A man was arrested after a car and foot chase on Tuesday. Ashland police officers said they... More >>
5 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 4:30:00 PM CDT March 20, 2019 in News
MOBERLY - The Moberly Police Department is investigating a death on East Logan Street, according to police. Police received... More >>
5 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 4:26:00 PM CDT March 20, 2019 in News
MOBERLY - Businesses in Moberly say they'll feel the effect of a new zoning measure which would require future medical... More >>
8 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 2:13:00 PM CDT March 20, 2019 in News
JEFFERSON CITY - The Missouri Public Service Commission granted approval Wednesday to the Grain Belt Express, an electric transmission line... More >>
8 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 1:47:00 PM CDT March 20, 2019 in News
COLUMBIA – Columbia Police Department responded to a shots fired call on Hanover Boulevard Wednesday morning. Police said the... More >>
8 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 1:28:00 PM CDT March 20, 2019 in News
MARIES COUNTY - Prosecutors filed murder and child endangerment charges against a Maries County mother three days after her daughter... More >>
9 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 12:40:00 PM CDT March 20, 2019 in News
COLUMBIA - The man accused in a 2002 rape that resurfaced after a DNA discovery years later has been found... More >>
10 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 11:43:00 AM CDT March 20, 2019 in News
AUXVASSE - Police are asking for the public's help finding 49-year-old Jeffrey Ennis, who has been accused of domestic assault.... More >>
11 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 11:05:00 AM CDT March 20, 2019 in News
COLUMBIA - With elections in Columbia just weeks away, voters will have the chance to meet candidates and discuss other... More >>
18 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 3:30:00 AM CDT March 20, 2019 in News
OMAHA - Amtrak service between Kansas City and St. Louis has been temporarily suspended due to increase freight train traffic... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 9:59:00 PM CDT March 19, 2019 in News
MARIES COUNTY - Prosecutors have charged Tracy Ellis with second-degree murder and child endangerment after a Sunday night house fire... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 7:34:00 PM CDT March 19, 2019 in News
COLUMBIA - When Madison Lawson shops at a retail store, she tends to leave empty-handed. “I want to dress... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 7:13:00 PM CDT March 19, 2019 in News
JEFFERSON CITY - Gov. Mike Parson announced Tuesday plans to restructure four state agencies and promote economic development is in... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 6:36:00 PM CDT March 19, 2019 in News
JEFFERSON CITY - Youth soccer games with the Jefferson City Area YMCA scheduled for Saturday are canceled due to Missouri... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 6:00:00 PM CDT March 19, 2019 in News
COLUMBIA - A Columbia man went on trial Tuesday in a 2002 rape case that prosecutors say was cracked with... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 4:10:00 PM CDT March 19, 2019 in News
COLUMBIA - Victims of clergy sexual abuse said the Jefferson City Diocese needs to be more open about a priest... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 4:09:00 PM CDT March 19, 2019 in News
Columbia, MO
Broken Clouds 50°
11pm 44°
12am 43°
1am 41°
2am 40°