The St. Louis area’s unemployment rate rose in June for the first time this year, but it remains well below the national rate.
Unemployment also rose nationally in June, to 5.9% from 5.8%.
Unemployment in St. Louis was as low as 3.2% in the months before the coronavirus pandemic, but it spiked to 13.4% in April 2020. The rate then fell rapidly last summer as businesses were allowed to reopen.
For perspective, the local unemployment rate is the same as it was in November 2015, more than six years into the recovery from the 2008-2009 recession.
The BLS counted 78,232 metro area residents as unemployed last month, up more than 10,000 from May but 65,489 fewer than in June 2020. The area’s labor force — the total number of people working or seeking a job — has grown by 13,903, or nearly 1%, in the past year.
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Originally Appeared Here