DED releases March 2017 Jobs Report

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DED releases March 2017 Jobs Report


The Missouri Department of Economic Development recently announced that Missouri’s unemployment rate decreased to 3.9 percent in March, the lowest it’s been since September 2000. The state’s seasonally adjusted jobless rate decreased by two-tenths of a point and has now been below the U.S. rate for 24 consecutive months. 

Despite Missouri's nonfarm payroll employment dropping by 13,400 from the February level, the Show-Me State gained significant jobs from one of its top industries. In March, manufacturing grew by 1,900 jobs.

Click on the image below to view the full report.

March Jobs Report

Missouri

Employment throughout the Show-Me State grew by 38,500, or 1.4 percent, over the year. Most industry groups experienced growth during this period. The largest increases were in:

  • Professional & business services (+10,700)
  • Leisure & hospitality (+9,700)
  • Trade, transportation & utilities (+7,000) and
  • Private education & health services (+7,600).

US

Employment growth slowed in March, however, the unemployment rate decreased by two-tenths of a point to 4.5 percent.

Industries that grew in March included:

  • Professional & business services (+56,000)
  • Health care (+14,000)
  • Mining (+11,000) and
  • Financial activities (+9,000).


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