Overall unemployment rate moved up to 3.2% with the biggest shift in Business Services, which gained 3,500 roles, based on the most recently available information published in June 2022.

Total employment in the St. Louis, MO-IL market declined by 4,980 jobs in May and the unemployment rate increased compared to the prior month by 30 bps to 3.2%. The national unemployment rate increased by 4 bps over the same time to 3.4%.

  • St. Louis, MO-IL unemployment rate is 18 bps below the national rate which is a positive sign.
  • Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in May versus prior month by 3.7% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
St. Louis, MO-IL Unemployment May 2022

For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:

  • Transportation & Utilities: 264,200; -700
  • Education & Healthcare: 254,300; -1,300
  • Business Services: 220,300; +3,500
  • Government: 152,200; -400
  • Restaurants & Hotels: 138,500; +2,700
  • Manufacturing: 118,400; +500
  • Financial Services: 88,900; +100
  • Construction, Mining: 75,200; +1,600
  • Other Jobs: 50,800; no change
  • IT & Development: 26,300; no change
St. Louis, MO-IL Unemployment by Industry May 2022

Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.