Missouri's unemployment rate drops in January

Mar 04, 2016, 10:57
Missouri's unemployment rate drops in January

Today's CSO figures show that the seasonally adjusted unemployment rate for men was 10.5% in February, down from 10.6% in January and from 11.5% in February of a year ago. He said Georgia saw job growth in nine of the eleven major job sectors tracked by the labor department.

Nationally, the unemployment rate fell one-tenth of a percentage point to 4.9 percent in January.

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Utah's unemployment rate has remained well below the national rate for about five years.

The Columbus metro area unemployment rate in December was 6.4 percent, which compared to a 7 percent figure in December 2014.

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"We're starting the new year with the lowest unemployment rate we've had in nearly eight years", said State Labor Commissioner Mark Butler. The decrease came mostly in retail trade, transportation and warehousing, along with administrative and support services.

The state's labor force increased by 16,580 in January. There were 1,533 local residents filing initial claims for assistance this January.

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Kanell says, "Looking back at where we were before the recession, we have more jobs, but there are actually fewer people working in the state".

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