Missouri’s seasonally adjusted unemployment rate for October is relatively unchanged. It stands at 5 percent – a tenth-of-a-point higher than the 4.9 percent rate posted in September, and eight-tenths of a point lower than the rate for October of 2004. Paul Sloca with the State Department of Economic Development says we’re seeing an increase of 3,900 construction jobs, with many of those people working on highway projects. The main contributor to the employment decrease was the leisure and hospitality industry group, where employment dropped for the second consecutive month.
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DED News Release