YOUR BUSINESS AUTHORITY

Springfield, MO

Springfield MSA unemployment rate falters

Posted online

The U.S. Bureau of Labor Statistics late last week reported the November unemployment rate for the Springfield metropolitan statistical area and the December figure for the country.

Springfield MSA
The jobless rate for the area comprising Greene, Christian, Webster, Polk and Dallas counties was 2.7 percent in November. That’s an uptick from the 1.9 percent unemployment rate in October. However, it’s down compared with the 3.3 percent rate in November 2016, according to a news release.

All but one of Missouri’s eight MSAs posted unemployment rate increases compared with October.

Missouri’s MSAs, in order of unemployment rates recorded in November, are:
    •    Columbia, 2.3 percent, up from 1.5 percent in October;
    •    Jefferson City, 2.6 percent, up from 1.8 percent;
    •    Springfield, 2.7 percent, up from 1.9 percent;
    •    Joplin, 2.9 percent, up from 2.1 percent;
    •    St. Joseph, 2.9 percent, up from 2.3 percent;
    •    Kansas City, 3.2 percent, unchanged;
    •    Cape Girardeau, 3.4 percent, up from 2.5 percent; and
    •    St. Louis, 3.4 percent, up from 2.7 percent.

Compared with November 2016, the latest unemployment rates were lower in 304 of the 388 metro areas measured by the BLS, higher in 67 and unchanged in 17, according to the BLS.

The BLS data is not seasonally adjusted.

U.S. unchanged
The U.S. unemployment rate held at 4.1 percent in December, according to a separate BLS release.

During the month, U.S. employers added 148,000 net nonfarm payroll jobs.

Job increases were led by:
    •    health care, 31,000 new positions;
    •    construction, 30,000;
    •    food services and drinking places, 25,000;
    •    manufacturing, 25,000; and
    •    professional and business services, 19,000.

Partially offsetting the growth was retail trade, which dropped by 20,000 jobs in December. Other major industries — including mining, wholesale trade and government — were unchanged, according to the release.

Comments

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

Startup Corner: Eden Garrett, Eden’s Flower Truck

The 21-year-old is working to graduate in May while cultivating her small business.

Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Need to Focus Leads to Sale of Business

“It’s been hard for me to choose. There is a point when I knew I needed to focus on one of these businesses,” says Elle Feldman, owner of Elle’s Patisserie and Lavare Spa (now rebranded as …

My Mentor - My Teammate in Life “He was a strong man of faith and courage and very wise - my biggest supporter in any endeavor in life,” says Tami North, Executive Director of the Rogersville Area Chamber of Commerce and one of …
From Cutbacks to Cutting Tracks “Every day you’ve gotta wake up and say, ‘I’ve gotta make money today,’ says, Ricky Smiley, Founder and Producer of Smiley Records, LLC. When Smiley was laid off from a job he held for 18 …
Consistent Marketing  “Marketing for a company can be very interesting, in the sense that it’s hard to stand out in the crowd from everyone else,” says Alisa Lawler, Vice President of Marketing and Business …
Booked - The 7 Habits of Highly Effective People “I think it’s a really great book and I wish I had read it earlier in my career,” says Candida Deckard, the Director of Human Resources and Safety at CNH Industrial Reman and one of Springfield …