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St. Charles County ends 2015 at lowest jobless rate in years

St. Charles County’s unemployment rate continued to drop in December as it did for much of 2015, reaching 3 percent, its lowest mark in years.

The jobless rate was down from 3.2 percent in November and down from 4 percent a year earlier in December 2014, according to statistics gathered by the Missouri Economic Research and Information Center.

The last time the county had a rate lower than 4 percent was 3.9 percent in March 2007.  The county’s rate dropped to 3.9 percent in August, and stayed below 4 percent through December.

In all, 207,765 of the county’s estimated workforce of 214,298 persons were employed in December, with an estimated 6,533 persons without jobs. Last December, 8,313 persons were estimated to be jobless.

Nationally, the jobless rate was estimated at 4.8 percent in December, the same as November. Missouri’s jobless rate statewide was 4 percent in December, compared to 4.1 percent in November, the lowest rate in Missouri since April 2006.

Unemployment rates in December were at levels slightly above and below 4 percent throughout the Missouri portion of the St. Louis region that also includes St. Louis, Jefferson, Franklin, Lincoln and Warren counties.

St. Louis County’s rate was 3.7 percent in December, down from 3.9 percent in November, and 4.8 percent last December. The city of St. Louis’ jobless rate was 4.8 percent in December 2015, 5.1 percent in November and 6.5 percent last December.

Jefferson County’s jobless rate was 3.8 percent in December, down from 4 percent in November, and 5.3 percent last December. Franklin County’s rate was 4 percent in December – the same rate as November and 5.5 percent last December.

Lincoln County’s jobless rate was 4.1 percent in December, compared to 4.3 percent in November, 5.5 percent in December 2014. Warren County’s jobless rate was 3.6 percent in December, down from 3.9 percent in November and 5.2 percent last December.

There were also drops in unemployment rates among the St. Charles County’s four largest municipalities. O’Fallon, the county’s largest city, had a jobless rate of 2.6 percent in December, compared to 2.7 percent in November and 3.4 percent last December.

St. Charles’ jobless rate was 3.3 percent in December, down from 3.5 percent in November and 4.2 percent last December. St. Peters’ rate was 2.8 percent in December, down from 3 percent in November and 3.8 last December.

Wentzville’s jobless rate was 2.5 percent in December, down from 2.9 percent in November and 3.3 percent last December.

 

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