St. Louis Bankruptcy Center

 

Unemployment Updates for St. Louis, Missouri, and the U.S.

Economy, Uncategorized

Recent statistics on unemployment rates

St Louis continues to struggle in terms of unemployment and economic growth. While there are signs of improvement, there is still a long way to go towards economic recovery.

The St Louis unemployment rate fell to 8.8%, which is above the national and state average. While it is far better than its high of 13.9% in August 2010 and its 2012 high of 10.8% in July, 8.8% is still unacceptably high for those living in the area.

On the bright side, Missouri’s unemployment beats the national average. With a rate of 6.9%, Missouri ranks as the 20th best state in terms of employment.

The U.S. as a whole continues to stagnate, though unemployment rates fell slightly to 7.9%. With an average over 8% for several years, the economy seems in no hurry to get back to pre-recession levels.

For help with debt, please visit our St Louis bankruptcy home page.

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