Overall unemployment rate moved down to 4.4% with the biggest shift in Business Services, which gained 5,500 roles, based on the most recently available information published in June 2021.
Total employment in the St. Louis, MO-IL market rose by 19,495 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 4.4%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- St. Louis, MO-IL unemployment rate is 135 bps below the national rate which is a positive sign.
- Unemployment in the market is 860 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.3% . Key sectors include:
- Education & Healthcare: 262,000; +4,300
- Transportation & Utilities: 254,300; -900
- Business Services: 206,300; +5,500
- Government: 154,800; +500
- Restaurants & Hotels: 124,400; +4,600
- Manufacturing: 113,200; +600
- Financial Services: 89,800; +200
- Construction, Mining: 68,500; +1,800
- Other Jobs: 47,900; +500
- IT & Development: 25,500; +300
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.