YOUR BUSINESS AUTHORITY
Springfield, MO
The Show-Me State’s unemployment rate ticked up to 3.1 percent in December, according to the Missouri Department of Economic Development.
The increase follows a drop in November to 3 percent, the lowest point on record for the state’s historical data source officials began collecting in 1976, according to a news release.
Not accounting for seasonality, the state’s unemployment rate was 3 percent in December, compared with the U.S. jobless rate of 3.7 percent during the last month of 2018.
Last month, Missouri recorded nonfarm payroll employment growth of 4,100 net jobs, accounting for seasonality, according to the release.
The growth was led by increases in:
• accommodation and food services, up 1,800 jobs;
• health care and social assistance, up 1,800;
• professional and business services, up 1,200;
• arts, entertainment and recreation, up 800; and
• durable goods manufacturing, up 600.
The gains offset decreases in transportation, warehousing and utilities, which lost 1,200 jobs, and nondurable goods manufacturing, down 1,000 jobs, according to the release.
Through the 12-month period ending Dec. 31, Missouri employers added 39,000 jobs, representing a 1.4 percent increase.
Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.
Updated: Systematic Savings Bank to be acquired in $14M deal
Warby Parker store planned in Springfield
Former CoxHealth colleagues starting communications firm
Former Wentzville superintendent to get $1M in contract buyout
STL construction firm buys KC company
NPR editor resigns after writing piece critical of organization
Survey finds increase in average salary Americans willing to take