BusinessJune 6, 2022
Unemployment drops notably in local Southeast Missouri counties
According to the state Department of Labor and Industry, unemployment dropped a full percentage point from March to April in Cape Girardeau, Perry and Scott counties. n Cape Girardeau County's rate dropped from 3% to 2%. n Perry County went from 2.9% to 1.9%...
According to the state Department of Labor and Industry, unemployment dropped a full percentage point from March to April in Cape Girardeau, Perry and Scott counties.
- Cape Girardeau County's rate dropped from 3% to 2%.
- Perry County went from 2.9% to 1.9%.
- Scott County's rate dropped from 3.2% to 2.2%.
The April figures are the latest available for Missouri counties.
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Missouri's jobless rate is 3.4% while the national unemployment rate for May held steady at 3.6%.
President Joe Biden said Friday the U.S. is entering a phase of "stable, steady growth" amid the nation's continued recovery from the COVID-19 pandemic.
Biden's optimism is contrasted by comments last week from Tesla founder Elon Musk, who said he had a "super bad feeling" about the economy while declaring his intention to cut 10% of Tesla's workforce.
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