Missouri job growth among the best in the U.S.
December 21, 2016 | Meghan LeVota
Missouri job growth among the best in the U.S.
In 2016, the Show Me State gained 57,100 jobs — a figure that topped all 8 of Missouri’s neighboring states.
In addition to job growth, Missouri’s unemployment rate decreased .4 percent during the past month, according to a recent report by the U.S. Bureau of Labor statistics. The state ranked among the top in the nation with the largest unemployment decrease.
“This report showing Missouri leading the region in job growth is more proof that hard work pays off,” said Missouri Gov. Jay Nixon in a release. “By balancing budgets and making smart investments in our students and workers, we’ve positioned Missouri to compete and win in the global economy.”
Nixon also gave a nod to Missouri entrepreneurs. He attributes the state’s growth to the revitalized manufacturing industry and to its international recognition as a technology hub.
The Sunflower state did not fare as well. Over the last year, Kansas lost 4,500 private-sector jobs. Although the Kansas unemployment rate went down .1 percent from October to November, it has gone up .3 percent since last year.
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
KC’s first innovation officer reflects on work, city’s tech future
After more than two years of service, Ashley Hand is leaving the driver’s seat of Kansas City’s innovation efforts. Hand, who soon will be departing as Kansas City’s chief innovation officer, was tasked with implementing innovative strategies to improve how city government can better serve Kansas Citians. The city will be accepting applications for the…
Welcome to Startland News
Scrappy. Determined. Gritty. Those often were the words attributed to the Kansas City Royals as the team unexpectedly surged into the 2014 World Series and captured the national spotlight. Those very words are apt for this city, which has been built on the grit and determination of successful entrepreneurs like Ewing Kauffman, Joyce Hall, Henry…
Kansas budget woes render uncertainty for angel tax credits
As state budgetary concerns loom in the background, early-stage firms in Kansas are hoping a bill to extend the Sunflower State’s Angel Investor Tax Credit program will become a priority for legislators. Scheduled to sunset after the 2016 fiscal year, the program annually allocates $6 million in credits to entice investments in early-stage, growth-oriented companies…
KC virtual reality firm partners with KU, NFL coaches
A Kansas City-based virtual reality company hopes some marquee partnerships will plug it into a market projected to reach $150 billion in five years. Founded in 2013, Eon Sports VR recently landed the University of Kansas football team as a client for its mobile virtual reality platform to help players train without the risk of…