The state of Missouri’s unemployment rate receded in April, following nine consecutive months of increases, but the state’s nonfarm payrolls continued to lose jobs, according to data released today by the Missouri Department of Economic Development (DED).
The state’s seasonally-adjusted unemployment rate fell by six-tenths of a point from 8.7 in March to 8.1 percent, which was the same rate during the month of January. Approximately 242,900 Missourians were estimated to have been jobless during the month of April.
Does this mean economic recovery is on its way?
http://www.ded.mo.gov/cgi-bin/dispress.pl?txtpressid=80
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