Mo. Jobless Rate Falls To 6.5 Percent In January

JEFFERSON CITY, Mo. (AP) â¿¿ A new report says Missouri's unemployment rate edged lower in January while the state recorded a net loss of 4,700 jobs.

Tuesday's report from the Department of Economic Development says the state's jobless rate stood at 6.5 percent in January, down one-tenth of a point from December.

The trade, transportation and utilities sector reported the largest decline in jobs with a drop of 2,700 positions. The manufacturing sector lost 1,400 jobs, and the information sector lost 1,200 jobs.

The declines were partly offset by gains of 900 jobs in financial services and 400 in construction.

Missouri's civilian labor force numbered about 3 million, down by nearly 3,000 from December. The labor force includes people with jobs and those who are unemployed but looking for work.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Opinion

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Time to Talk Tesla: What Happened This Week, Elon?

Time to Talk Tesla: What Happened This Week, Elon?

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy