Missouri unemployment rate declined in Oct. to lowest point in over 2 years
Missouri's unemployment rate declined last month to its lowest point in more than 2 1/2 years.
The state Department of Economic Development said Tuesday that Missouri's seasonally adjusted unemployment rate was 8.5 percent in October - down two-tenths of a percentage point from September. It was the lowest mark since an 8.4 percent rate in February 2009.
Missouri's unemployment rate also was better than the national average of 9 percent in October.
The department said Missouri's nonfarm employment rose by about 1,100 jobs in October to a total of 2.65 million jobs.