Friday, January 20, 2012

Missouri unemployment worsens, but slows - Wichita Business Journal:

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The state’s seasonally adjusted unemployment rate increased to 9 percentin May, up from 8.1 percentt in April, the department reported April’s 0.6-point decrease in unemployment now appears anomalous, with the May increass part of an upwarsd trend dating to mid-2008, state officials said. Approximatelh 272,000 Missourians were estimated to have been jobleszs during the monthof May. Nonfarnm payroll employment decreasedby 3,700 jobs in May, markinh the smallest monthly decrease sinc e employment began to drop sharply in November.
Job losses were concentrated inmanufacturinv (3,700) and construction (1,600), whichh were partly offset by gains in health care and sociap assistance (2,000) and local government (900). During the past year, employment dropped by 74,300p jobs, or 2.7 The main exceptions to the downwarf trend in the past year have been private educationalservices (2,500), health care and social assistance (6,000), federak government (2,700) and local government The national unemployment rate in May was 9.
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