MO Unemployment Low, Unchanged in October
Date Posted: November 22, 2019
Posted In: News, Workforce,
Missouri’s seasonally adjusted unemployment rate was 3.1 percent in October 2019, remaining unchanged from September, the Missouri Department of Economic Development Reported.
Seasonal adjustment is a statistical technique used to measure and remove influences of predictable seasonal patterns to show how employment and unemployment change monthly.
Construction employment was flat from September at 123,400 statewide for both months. It was up 1,300 (1.1%) from October 2018.
Missouri has over-the-year job gains across key industries – with employment growing by 35,200 jobs, or 1.2 percent over the last year.
To view the October 2019 jobs report, click here.
