DED releases February 2012 state jobs report
John Fougere, (573) 522-5058
JEFFERSON CITY – Missouri’s nonfarm payrolls added 2,300 new jobs during February 2012 on a seasonally-adjusted basis, according to data released today by the Missouri Department of Economic Development (DED). ###
The state’s seasonally-adjusted unemployment rate also continued to fall, declining to 7.4 percent, down by a tenth of a point from the January 2012 figure. In comparison, the U.S. unemployment rate stood at 8.3 percent for February 2012.
Missouri’s continued growth in February 2012 was on top of final data that showed even stronger growth in January 2012 than initially reported. According to the final data reported by DED today, Missouri added 21,800 jobs in January – 700 more than initially reported last month.
Missouri’s unemployment rate has now fallen 2.3 percent since August 2009, when it peaked at 9.7 percent.