DED releases October 2016 Jobs Report

November 16, 2016
Missouri’s nonfarm payroll employment grew by 9,300 jobs in October, reaching a new record high for the state with 2,838,500 jobs.

JEFFERSON CITY, Mo. – According to seasonally adjusted data released today by the Missouri Department of Economic Development, Missouri’s nonfarm payroll employment grew by 9,300 jobs in October, reaching a new record high for the state with 2,838,500 jobs. The month’s employment increase was on top of the jobs gained in September; the increase from August to September was revised upward to 10,100 from the original estimate of 6,700. In the last twelve months, Missouri has gained 50,900 jobs.  

The state’s unemployment rate for October also edged down to 5.1 percent.

Missouri’s largest private-industry employment growth for the month occurred in administrative, support & waste management services (+5,200 jobs), followed by health care & social assistance (+4,200 jobs) and trade, transportation & utilities (+2,400 jobs). Companies interested in learning more about Missouri’s resources for new and expanding businesses should visit www.ded.mo.gov