The Missouri employment rate has increased to what experts call the point of full employment during the past year. Stacy Covitz has more from Jefferson City.
The number of out-of-work Missourians has dropped to 3 and a half percent. Missouri Department of Economic Development spokesman Jim Gardner says most economists consider this a full employment rate.
Gardner says the creation of new jobs has contributed to the high employment level.
Gardner says the number of jobs available in the work force will keep growing as the Baby Boomer generation approaches retirement. From the state capitol, I'm Stacy Covitz
The creation of new jobs in Missouri has contributed to what experts call the point of full employment. Stacy Covitz has the story from Jefferson City.
350 thousand jobs have been created in Missouri over the past five years. Missouri Department of Economic Development spokesman Jim Gardner says this has contributed to this years high employment level. Gardner says the trend is expected to continue.
Gardner says the unemployment rate has dropped to 3 and a half percent. He says most economists consider that full employment. From Jefferson City, I'm Stacy Covitz.