Missouri hits a record low for unemployment in the state.
November came in at three percent, the lowest rate since the state starting tracking those trends in 1976. Missouri remains below the national average, which was three point seven percent. The low number means job seekers have more options – while it’s tougher for some employers to fill vacant spots.
“There’s just not a lot of people to fill open positions. So you’re seeing a lot of people that are underemployed now able to stretch out and find better employment, better benefits. It’s kind of a job seeker market right now,” says Bubba Evansco, Workforce Investment Board.
Missouri’s November unemployment rate is down one-tenth of one percent from October. There have been more than 32 thousand jobs added in the last year, excluding ag related positions.