Missouri unemployment falls 0.3 percent in October

Missouri's unemployment rate fell by three-tenths of a point in October to 5.0 percent, the lowest rate since April 2007, according to seasonally adjusted data released Tuesday by the Missouri Department of Economic Development.

Missouri's nonfarm payroll employment also increased by 1,400 jobs over the month.

Among the industries that experienced increases in employment in October were health care and social assistance with 5,500 new jobs, construction with 2,800 new jobs, and professional and business services with 3,700 new jobs.

September employment estimates were also revised up by 5,000, according to a DED news release.

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