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St. Charles County jobless rate continues to fall toward 3 percent

St. Charles County’s estimated unemployment rate continued to drop in October, edging closer to three percent, where it was earlier this year.

The county’s rate was 3.3 percent in October, compared to 3.7 percent in September and 3.2 percent in October 2015. The county’s rate, as usual, was lower than its five neighboring counties plus the city of St. Louis and Missouri and the nation as a whole.

In all, 214,812 of the county’s estimated workforce of 222,075 were employed in October with an estimated 7,263 persons listed as jobless. That compares to 8,143 persons listed as jobless in September, and 7,020 jobless last October.

The statistics and estimates are compiled by the Missouri Economic and Research Information Center.

Nationally, the jobless rate was 4.7 percent in October, compared to 4.8 percent in September and the same 4.8 percent rate last October. Missouri’s jobless rate was also estimated at 4.1 percent in October, compared to 4.7 percent in September and 4 percent last October.

The jobless rates in adjoining counties dropped below 4 percent in October, except for the city of St. Louis.

St. Louis County’s rate was at 3.9 percent in October, down from 4.5 percent in September and up slightly from 3.8 percent October. The city of St. Louis’ rate was 5.2.percent in October, down from 5.7 percent in September but not quite the 5.1 percent jobless rate in the city last October.

Jefferson County’s jobless rate was 3.8 percent in October, down from 4.3 percent in September and 3.8 percent last October. Franklin County’s jobless rate was 3.7 percent in October, down from 4.3 percent in September and 3.8 percent last October.

Lincoln County’s jobless rate was 3.7 percent in October, down from 4.2 percent in September and 3.9 percent in October 2015. Warren County’s jobless rate was 3.7 percent in October, down from 4.2 percent in September and 3.8 percent last October.

Jobless rates among the St. Charles County’s four largest municipalities also dropped in October.

O’Fallon, the county’s largest city, had a jobless rate of 2.9 percent in October, down from 3.4 percent in September but not quite the 2.7 percent last October.

St. Charles’ jobless rate was 3.3 percent in October, down from 3.8 percent in September and 3.4 percent last October.

St. Peters’ jobless rate was 3.1 percent in October, compared to 3.4 percent in September and 3.2 percent last October.

Wentzville’s jobless rate was 2.7 percent in October, and 3.1 percent in September and 2.6 percent for October 2015.

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