Missouri’s unemployment rate edged up to 3.1 percent in December, retreating slightly from the record low of 3.0 percent reached in November. Even with this uptick, the current rate is still six-tenths of a point below the year-earlier value.
Missouri’s rate has now been lower than the corresponding U.S. rate, which was 3.9 percent in December, for 44 consecutive months.
The state’s not-seasonally-adjusted rate was 3.0 percent in December, compared to the national figure of 3.7 percent.
Missouri nonfarm payroll employment jumped by 4,100 jobs over the month, on a seasonally adjusted basis. Additionally, November’s employment level was revised up by 3,600, bringing the two-month gain from October up to 6,500.