YOUR BUSINESS AUTHORITY

Springfield, MO

Greitens points to future job growth as unemployment rate falters

Posted online

Missouri Gov. Eric Greitens tempered the release of disappointing job results by pointing to future job prospects.

Last month, the jobless rate rose to 4 percent from 3.8 percent in July. During August, total employment on a seasonally adjusted level dropped by 3,967 jobs, according to data provided by the state Department of Economic Development.

Greitens indicated 18 businesses recently laid out expansion projects that would create a combined 1,391 new jobs. Among them are PennyMac Financial Services Inc., which expects to create 155 new jobs; Serioplast US, at 70 jobs; and Huvepharma, at 37 jobs, according to a news release.

“It’s time for Missouri to do different in our approach to economic development,” Greitens said in the release. “Our goal has been to get government out of the way so that companies can focus on doing what they do best — creating jobs.

“Missouri’s economy is growing stronger, as are the businesses and families that call it home.”

Last week, Greitens unveiled new economic development initiatives in response to the Governor’s Innovation Task Force report. They include a new jobs training program and a customer service platform for businesses to learn about possible incentives, according to a separate release.

The latest jobs report from the DED indicated total employment was nearly 3 million in August.

Comments

No comments on this story |
Please log in or register to add your comment
Editors' Pick

A Conversation With … Patrick Misterovich

Features Editor Hanna Smith interview the board president and co-founder of U.school.

Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Zero Capital Startup

“I started with no working capital. My husband came back from Afghanistan and his job was gone, so he went back to Iraq for a year,” says Nanette Willis, owner of Sassy’s Goodies L.L.C. in …

90 Ideas - Crista Hogan “Torch your strategic plan,” says Crista Hogan, Executive Director of the Springfield Metropolitan Bar Association. “Don’t open a ton of time on a document you’re going to pit in a drawer, …
Growing a Business Mind “We received our initial investment, which was a great start up investment. Any founder would have loved to have had that,” says Charity McGill, CEO and Co-founder of Deep Water Software. “At …
Take the Initiative “It’s a definite plus when they walk in groomed, dressed without holes in their jeans and flip-flops,” says Jim Swafford, Owner and General Manager of Jimm’s Steakhouse & Pub. You never know …
Best Advice - Don’t be Intimidated Are you intimidated in certain situations? Tami North, Executive Director of the Rogersville Area Chamber of Commerce, and one of Springfield Business Journal’s Most Influential Women for 2017, …