St. Louis unemployment hit 7.3 percent in November
The region’s jobless rate ratcheted up once again in November, hitting 7.3 percent, according to data out this morning from the Bureau of Labor Statistics.
Nearly 104,000 St. Louis-area residents were looking for work and couldn’t find it in the month, according to the BLS survey, and some 20,000 people dropped out of the labor force entirely.
The region most recently recorded a 7.3 percent unemployment rate in August and was at 6.9 percent in October, but the figures are not adjusted for seasonal variations, so economists don’t recommend comparison among different months. The rate soared from last November, however, when unemployment was 5.2 percent.
Nationally, unemployment was at 6.5 percent, with December numbers due out Friday.
A separate survey of employers showed that the region has shed 16,900 jobs in the last year. Employment is down in nearly every sector of the local economy; only education and health care are showing growth.
For more details on today’s unemployment numbers, please see Wednesday’s St. Louis Post-Dispatch.
I am one of 6000 local Chrysler employee’s that have been laid off or taken buy out’s at Chrysler’s Fenton Facility. There are 900 left at the Truck Plant and that plant will be shut down permanently in late March. So, you guys left at the truck plant get your ducks in a row. Your on your way to the unemployment office with the rest of us. If you took the buyout? Apply for unemployment. You might get it.
GOOD LUCK SUCKERS. FILE FOR UNEMPLOYMENT EITHER WAY.
About.com reported that employers use 3 job sites most to find quality candidates.
http://www.linkedin.com (professional networking)
http://www.indeed.com (agreegated listings)
http://www.realmatch.com (matches you to jobs)
Good luck to those seeking work.