Overall unemployment rate moved up to 2.8% with the biggest shift in Transportation & Utilities, which gained 100 roles, based on the most recently available information published in September 2022.
Total employment in the St. Joseph, MO-KS market declined by 762 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 2.8%. The national unemployment rate stayed flat over the same time period at 3.8%.
- St. Joseph, MO-KS unemployment rate is 99 bps below the national rate which is a positive sign.
- Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 8.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 10,600; +100
- Government: 10,000; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.