In new jobs, state excels

Posted 5/1/17

N ew job creation in Missouri put the state near the top in that category in the country, according to the U.S. Bureau of Labor Statistics. The federal report shows that 57,100 new jobs were created …

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In new jobs, state excels

Posted

New job creation in Missouri put the state near the top in that category in the country, according to the U.S. Bureau of Labor Statistics.The federal report shows that 57,100 new jobs were created in Missouri in the past 12 months. In that category, Missouri beat eight neighboring states and in the country ranked in the top 10 states.The federal report also showed Missouri was tied for the largest statistically significant decrease in the nation in the unemployment rate in November. The rate for November went down four-tenths of a point to 4.7 percent.Missouri’s nonfarm employment grew by 1,900 jobs in November, reaching a new record high for the state with 2,842,200 jobs. In August, Missouri was named the sixth best in the nation for its annual advanced manufacturing industry job growth, according to the Brookings Institution. The same report said Missouri is the eighth best state in the nation for output growth of its advanced manufacturing industry.Gov. Jay Nixon on his first day in office pledged to turn Missouri’s economy around and help to create new jobs. State incentives play a part in gaining new industries and helping others to expand. We watched it happen. Since he entered office, the jobless rate has been cut in half. The Nixon administration played a key role in new job creation.When the unemployment is 4.7 percent, that tells a story that most workers who want to work are employed. Right now, in this area, there are more jobs available than there are workers. This is especially true when it comes to skilled labor. On the jobless roll are many unskilled workers.We have not made a complete economic recovery, but there is no question it has improved. We hope the new administration in Jefferson City will recognize that it is necessary to give incentives to obtain new industries and help our existing companies in their expansion programs. Gov. Nixon recognized that fact and the number of new jobs created is proof of his commitment to creating new jobs.


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