Missouri’s unemployment rate edged down to 3.6 percent in March, while payroll employment grew by 3,100 jobs.
The unemployment rate is down a tenth of a point from February, equaling the rate that prevailed from July through November of 2017. The last time the rate was lower than 3.6 percent was July 2000.
By comparison, the U.S. unemployment rate was 4.1 percent in March, coming in higher than Missouri’s unemployment rate for the 35th straight month.
The March gain in employment of 3,100 pushed Missouri’s nonfarm payroll employment up to 2,894,200 jobs.