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Jobless rate remains static

St. Charles County’s unemployment rate in July remained static but still lower than those of the nation, state and neighboring Missouri counties. The county’s July jobless rate was estimated at 4.6 percent of its workforce in July, the same rate as June, but lower than the 5.1 percent rate last July. The county’s rate has also remained steady over the last three months and has been below 5 percent for the year so far. The lowest one month jobless rate so far this year was 4.3 percent in April.

The statistics are the latest available from the Missouri Economic Research and Information Center.

In all, 204,182 of the county’s estimated workforce of 213,994 were employed in July, with an estimated 9,812 persons without jobs. The number of estimated unemployed fell below the 10,000 mark for the fourth month in a row. Last July, an estimated 10,839 county residents were listed as unemployed.

In St. Charles County, the four largest municipalities experienced only slight changes in their jobless rates. O’Fallon, the county’s largest city, had a jobless rate of 3.9 percent in July, the same rate as June, and 4.4 percent in July 2014. St. Charles’ jobless rate was 4.7 percent in July, down from 4.9 percent in June, and 5.4 percent last July. St. Peters’ jobless rate was 4.7 percent in July, up from 4.6 in June, but down from 5.4 percent last July. Wentzville’s jobless rate was 3.8 percent in July, the same rate as June. Last July, the city’s jobless rate was 4.2 percent.

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