August 28, 2007
JEFFERSON CITY—Total statewide non-farm employment in Missouri (seasonally adjusted) once again topped 2.7 million in July, as it did in June, and the seasonally adjusted unemployment rate was 4.9 percent.
Missourians have created 83, 900 jobs since January 2005.
Employment gains were seen in the administrative and support services sector (+2,300), educational and health services (+1,600), manufacturing (+1,500), and in the accommodation and food services industries (+1,300).
The state saw a reduction of 2,600 jobs for the month. Economists at the Missouri Economic Research and Information Center (MERIC) said the well-publicized nationwide problems in the housing sector have finally reached Missouri after months of showing an upward trend. Local government and the trade, transportation and utilities sectors also showed decreases.
The U.S. unemployment rate in July was 4.6 percent on a seasonally adjusted basis.
Keener A. Tippin II is Communications Specialist of the Department of Economic Development and can be reached at 573-751-9065 or email@example.com