Missouri Unemployment Rate Remains Lower than Nation

6 years 10 months 3 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
JEFFERSON CITY - Fire crews were dispatched to a residential structure fire in the 1000 Block of Laurel Drive on... More >>
5 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 10:19:00 PM CST January 26, 2020 in News
COLUMBIA - Kobe Bryant’s death shocked the nation and left many fans devastated. While mid-Missouri may be halfway across... More >>
6 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 9:24:00 PM CST January 26, 2020 in News
COLUMBIA - Police officers were dispatched to a report of an armed robbery at Domino’s Pizza, I-70 Drive Southwest, Sunday... More >>
7 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 8:56:00 PM CST January 26, 2020 in News
CALLAWAY COUNTY - A judge sentenced a Fulton man to 17 years in prison last week after he admitted to... More >>
11 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 4:59:00 PM CST January 26, 2020 in Continuous News
JEFFERSON CITY - A bill that would allow parents to record meetings with their child's educators is moving forward in... More >>
11 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 4:42:00 PM CST January 26, 2020 in News
COLUMBIA - Police are investigating a shooting between two cars, which started at a roundabout on Business Loop 70 Sunday... More >>
13 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 3:07:00 PM CST January 26, 2020 in News
CALABASAS, Calif. - NBC reports Kobe Bryant and daughter Gianna are among nine people who died in a helicopter crash... More >>
13 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 2:22:00 PM CST January 26, 2020 in News
COLUMBIA - Even though he grew up in Kentucky, Braden Tyrer is as big a Chiefs fan as they come.... More >>
13 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 2:21:00 PM CST January 26, 2020 in News
SPRINGFIELD, Mo. (AP) — A former southwestern Missouri fire chief convicted last year of raping a young woman has been... More >>
14 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 1:30:17 PM CST January 26, 2020 in News
LOS ANGELES (AP) — Health officials in Los Angeles County have confirmed a fourth U.S. case of the new pneumonia-like... More >>
14 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 1:24:49 PM CST January 26, 2020 in News
COLUMBIA - The City of Columbia, Voluntary Action Center (VAC), and the Downtown Optimist Club are putting on their annual... More >>
16 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 11:31:00 AM CST January 26, 2020 in Continuous News
KINGDOM CITY— A Callaway County Sheriff's Office deputy found a stole firearm, numerous "felony level controlled substances" and drug paraphernalia... More >>
17 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 10:50:00 AM CST January 26, 2020 in News
JEFFERSON CITY, Mo. (AP) — Abortion is expected to play a key role in Missouri's 2020 governor’s race, when voters... More >>
17 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 10:21:45 AM CST January 26, 2020 in News
BENTON COUNTY — A Blue Springs, Missouri woman is dead after a crash Saturday night. Andralee Taylor, 32, was... More >>
18 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 9:20:01 AM CST January 26, 2020 in News
BOONE COUNTY - Boone County will celebrate its bicentennial in 2020, and one of the first efforts to create a... More >>
19 hours ago Sunday, January 26 2020 Jan 26, 2020 Sunday, January 26, 2020 9:01:00 AM CST January 26, 2020 in News
COLUMBIA- Singing, dancing, and speaking were all part of The Cultural Association of India's annual India Day celebration Saturday afternoon.... More >>
1 day ago Saturday, January 25 2020 Jan 25, 2020 Saturday, January 25, 2020 5:05:00 PM CST January 25, 2020 in News
COLUMBIA— Officers with the University of Missouri Police Department arrested John T. McLiney, 19, on one count of... More >>
1 day ago Saturday, January 25 2020 Jan 25, 2020 Saturday, January 25, 2020 4:00:00 PM CST January 25, 2020 in News
COLUMBIA - The Choral Arts Alliance of Missouri is holding its 5th Annual Unity Concert. The goal of the event... More >>
1 day ago Saturday, January 25 2020 Jan 25, 2020 Saturday, January 25, 2020 3:53:00 PM CST January 25, 2020 in News
Columbia, MO
Broken Clouds 29°
4am 29°
5am 28°
6am 28°
7am 28°