JEFFERSON CITY, Mo. (AP) – Missouri’s unemployment rate has reached a record
low.
The state Department of Economic Development said Wednesday the seasonally
adjusted unemployment rate fell to 3 percent in November.
That was down one-tenth of a percent from the previous month. It marked
Missouri’s lowest-ever monthly rate in records dating to 1976 from the federal
Bureau of Labor Statistics.
The national unemployment rate was 3.7 percent in November. Missouri’s rate has
been below the national one for 43 straight months.
Although the unemployment rate was down, Missouri’s nonfarm payroll employment
also decreased by about 1,200 jobs in November. The greatest decline was in
construction jobs.
Missouri has a civilian labor force of more than 3 million.
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