Overall unemployment rate moved up to 5.3% with the biggest shift in Education & Healthcare, which lost 8,000 roles, based on the most recently available information published in July 2021.
Total employment in the St. Louis, MO-IL market declined by 1,912 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 5.3%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- St. Louis, MO-IL unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 460 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 7.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Transportation & Utilities: 255,400; +1,400
- Education & Healthcare: 252,600; -8,000
- Business Services: 207,100; +1,800
- Government: 154,600; -1,400
- Restaurants & Hotels: 136,400; +3,300
- Manufacturing: 114,000; +1,500
- Financial Services: 90,400; -100
- Construction, Mining: 71,500; +1,200
- Other Jobs: 48,200; -300
- IT & Development: 25,100; -300
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.