State unemployment declines, but still above national average

Friday, March 11, 2005 | 12:00 a.m. CST; updated 7:28 p.m. CDT, Wednesday, July 9, 2008

JEFFERSON CITY — Missouri’s unemployment rate dropped in February but remained above the national average, the state Department of Economic Development said.

Missouri’s seasonally adjusted unemployment rate fell last month to 5.7 percent, the same as it was in December. The national rate last month was 5.4 percent.

Missouri’s January rate was 6 percent. The department said the rate increase was due to bad weather and auto-industry layoffs.

In February, the state’s nonfarm, seasonally adjusted payroll grew by more than 10,000 jobs, for a total of 2,701,400.

Missouri industries that saw jobs drop in January rebounded last month, including construction, for a gain of 1,900 jobs, manufacturing, up 4,400, business services with a 3,400 increase, and hospitality, up 2,900.

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