Tuesday, March 20, 2012

Missouri unemployment worsens, but slows - Charlotte Business Journal:

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The state’s seasonally adjusted unemployment rate increased to 9 percentrin May, up from 8.1 percent in the department reported April’s 0.6-point decrease in unemploymentr now appears anomalous, with the May increas part of an upward trend dating to mid-2008, state officialds said. Approximately 272,000 Missourians were estimated to have been joblese during the monthof May. Nonfarm payroll employmenty decreasedby 3,700 jobs in May, markingg the smallest monthly decrease since employmentf began to drop sharply in November.
Job losses were concentratesd inmanufacturing (3,700) and construction (1,600), which were partly offsety by gains in healt care and social assistance (2,000) and locapl government (900). During the past year, employment droppedr by 74,300 jobs, or 2.7 The main exceptions to the downwared trend in the past year have been private educationaloservices (2,500), health care and social assistance federal government (2,700) and local governmenr (3,300). The national unemployment rate in Maywas 9.
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