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DED releases June 2010 state jobs report

Missouri’s labor market conditions continued to improve in June, according to data released July 12 by the Missouri Department of Economic Development.

Missouri’s nonfarm payroll employment increased by 3,600 jobs during the month, on a seasonally-adjusted basis, marking the fifth consecutive month of positive job growth in the state. Missouri’s net job growth since January 2010 now stands at 26,600, an average of 5,300 new jobs created each month.

The state’s seasonally-adjusted unemployment rate stood at 9.1 percent in June, the lowest rate in more than a year, down from 9.3 in May. The state’s not-seasonally adjusted rate increased by half a percentage point to 9.2, a standard practice in June each year as summer jobseekers enter the  labor force. In comparison, the U.S. rates for June 2010 were 9.5 seasonally-adjusted and 9.6 not-seasonally-adjusted.

The private sector added 6,000 new jobs in June, with noteworthy growth occurring in construction (1,100 additional jobs); durable goods manufacturing (2,300 jobs, spread through a number of industries); and transportation, warehousing and utilities (2,200 jobs). Increases came in spite of the loss of 3,300 federal government jobs in June, mostly temporary Census Bureau workers.

Most other industry groups saw comparatively small changes. The leisure and hospitality industry as a whole saw little change from May as its two major sectors went in opposite directions. Arts, entertainment and recreation saw an employment gain of 1,900, while accommodation and food services employment was down by 2,200.

Payroll employment in the state’s metropolitan areas decreased in some areas and increased in others. The reduction of temporary census workers played a substantial role in many areas, particularly in St. Louis and Kansas City, with 2,600 jobs lost in each metro area. On the plus side, Joplin led the way in gains with 1,000 new jobs, while most others were relatively unchanged.

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