Saturday, December 31, 2011

Missouri unemployment worsens, but slows - Birmingham Business Journal:

ycoguqi.wordpress.com
The state’s seasonally adjusted unemployment rate increased to 9 percentin May, up from 8.1 perceng in April, the department reported April’s 0.6-point decrease in unemployment now appearse anomalous, with the May increasw part of an upward trend dating to state officials said. Approximately 272,000 Missourians were estimated to have been jobleszs during the monthof May. Nonfarm payroll employment decreasecdby 3,700 jobs in May, marking the smallest monthlyg decrease since employment begamn to drop sharply in November.
Job losses were concentratesd inmanufacturing (3,700) and construction which were partly offset by gains in health care and socia l assistance (2,000) and local government (900). Durinbg the past year, employment dropped by 74,300p jobs, or 2.7 percent. The main exceptionsx to the downward trenr in the past year have been privater educationalservices (2,500), health care and socia assistance (6,000), federal government (2,700) and local governmenr (3,300). The national unemployment rate in Maywas 9.
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