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Missouri unemployment rate falls in January

Missouri unemployment rate falls in January

February 28th, 2012 in News

JEFFERSON CITY, Mo. (AP) - Missouri's unemployment rate fell to 7.5 percent while the state's overall payroll increased by thousands of jobs.

The state Department of Economic Development reported Tuesday that Missouri's net nonfarm payroll increased by 21,100 jobs in January. Officials reported that Missouri had a net of loss of 11,800 jobs in December and a loss of 3,300 jobs in November.

Besides expanding payrolls for the first time in three months, Missouri's unemployment rate in January dropped by half a point to 7.5 percent. That is Missouri's lowest jobless rate since November 2008.