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State’s unemployment rate hits 6.6 percent

Friday, September 19, 2008 | 4:44 p.m. CDT

JEFFERSON CITY — Missouri's unemployment rate continued to rise in August, even though the state showed growth in the total number of jobs.

U.S. Department of Labor statistics released Friday show Missouri's seasonally adjusted unemployment rate was 6.6 percent last month — up 0.2 percentage points from July, when the state set a 17-year high.

Missouri's unemployment rate now is at its highest level since June 1991.

Overall nonfarm employment rose by 3,000 jobs in August, mainly because of a 5,800 job increase in the government sector that includes public schools.

Manufacturing jobs declined by 3,700 in August.

Compared with August 2007, Missouri employment was down by 16,900 jobs.

 

 


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Comments

Charles Dudley Jr September 19, 2008 | 6:52 p.m.

Well if our stupid fat cat politicians would stop giving tax breaks to the manufacturers and allowing jobs to be out sourced over seas we would not have this unemployment rate now would we.

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