Data released today by the U.S. Bureau of Labor Statistics brings both positive and negative information to light about unemployment in the St. Louis Mo. - Ill. Metropolitan Statistical Area.
Some areas of industry gained jobs, while others lost, and, though the unemployment rate for the area in January 2011 was slightly higher than the national average, total employment in the area has gone up slightly over the past year.
The former chairman and CEO of St. Louis-based KV Pharmaceutical Co. has pleaded guilty to two federal charges of misbranding drugs.
The U.S. Attorney's office says that 69-year-old Marc S. Hermelin entered the pleas Thursday. He was sentenced to one month in prison and a $1 million fine and agreed to forfeit $900,000 to the federal government.
KV Pharmaceutical manufactured generic prescription drugs, including a pain relief and opiate drug called morphine sulfate.