Overall unemployment rate moved down to 4.4% with the biggest shift in Government, which lost 18,800 roles, based on the most recently available information published in September 2021.
Total employment in the St. Louis, MO-IL market rose by 21,162 jobs in July and the unemployment rate decreased compared to the prior month by 90 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 126 bps below the national rate which is a positive sign.
- Unemployment in the market is 410 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 7.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.7%. Key sectors include:
- Transportation & Utilities: 255,800; -800
- Education & Healthcare: 252,700; +600
- Business Services: 208,700; +2,100
- Restaurants & Hotels: 143,400; +5,500
- Government: 135,400; -18,800
- Manufacturing: 113,500; -600
- Financial Services: 90,400; no change
- Construction, Mining: 73,100; +1,400
- Other Jobs: 48,600; +500
- IT & Development: 25,700; +500
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.