department of economic development http://kbia.org en Audit faults state program for contamination cleanup http://kbia.org/post/audit-faults-state-program-contamination-cleanup <p></p><p><span style="line-height: 1.5;">A new audit raises concerns about a&nbsp;Missouri&nbsp;program that provides tax incentives for developers to clean up contaminated old business sites.</span></p><p>The report Thursday by State Auditor Tom Schweich&nbsp; notes that&nbsp;Missouri&nbsp;authorized over $185 million of Brownfield Remediation Tax Credits for 115 projects from the 2003 to 2013 fiscal years. About four-fifths of those projects were in the St. Louis area.</p> Thu, 10 Apr 2014 21:29:28 +0000 Associated Press 51128 at http://kbia.org Audit faults state program for contamination cleanup Missouri adds jobs while jobless rate remains steady http://kbia.org/post/missouri-adds-jobs-while-jobless-rate-remains-steady <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Missouri payrolls grew in January while the state's unemployment remained unchanged at 6 percent.</p><p> Tue, 04 Mar 2014 22:19:46 +0000 Associated Press 49075 at http://kbia.org Missouri adds jobs while jobless rate remains steady Mo. unemployment rate falls; 15,000 jobs added http://kbia.org/post/mo-unemployment-rate-falls-15000-jobs-added <p>Missouri's unemployment rate declined in November while payrolls expanded by 15,000 jobs.</p><p>The Missouri Department of Economic Development reported Tuesday the jobless rate fell to 6.1 percent in November from 6.5 percent in October.</p><p>The leading gainer was educational and health services, which added 5,200 jobs last month. The construction sector grew by 2,300 and professional and business services increased by 2,000 jobs. The information, leisure and hospitality sectors each declined by 200 jobs. Tue, 17 Dec 2013 22:45:09 +0000 Associated Press 45448 at http://kbia.org Mo. unemployment rate falls; 15,000 jobs added Report shows declines in Mo. unemployment rate http://kbia.org/post/report-shows-declines-mo-unemployment-rate <p>Newly released figures show Missouri's unemployment rate declined in September and October and now stands at 6.5 percent.</p><p>The state Department of Economic Development released employment figures Tuesday. The two months were combined in the same report because of the partial federal government shutdown in October.</p><p>Payrolls in September declined by 5,500 jobs, including a drop of 3,700 jobs in the leisure and hospitality sector. Trade, transportation and utilities increased by 3,300 jobs.</p> Tue, 19 Nov 2013 21:09:10 +0000 Person: Associated Press 44043 at http://kbia.org Report shows declines in Mo. unemployment rate Mo. announces more grants to child care centers http://kbia.org/post/mo-announces-more-grants-child-care-centers <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;"><font color="red">Missouri</font>&nbsp;has awarded an additional $4.2 million in grants to improve facilities at six child care centers around the state.</p><p> Wed, 30 Oct 2013 12:26:15 +0000 Associated Press 42949 at http://kbia.org Mo. announces more grants to child care centers Mo. Gov. Nixon names new legislative director http://kbia.org/post/mo-gov-nixon-names-new-legislative-director <p>Missouri Gov. Jay Nixon has selected a new top legislative aide, tapping an official from the state&#39;s economic development agency.</p><p>The governor&#39;s office said Tuesday that Jason Zamkus will be Nixon&#39;s new legislative director. He replaces Daniel Hall who held the position since Nixon took office in 2009 and last week was appointed by the governor to the Missouri Public Service Commission.</p><p>Zamkus had been the deputy director of the state Department of Economic Development. He also was the agency&#39;s liaison to the state Legislature.</p> Tue, 01 Oct 2013 20:30:43 +0000 Person: Associated Press 41410 at http://kbia.org Mo. Gov. Nixon names new legislative director Express Scripts to expand to Joplin, creates 100 jobs http://kbia.org/post/express-scripts-expand-joplin-creates-100-jobs <p></p><p><span style="line-height: 1.5;">&nbsp;</span>St. Louis-based Fortune 100-company Express Scripts says it will build a new patient-service call center in Joplin, creating 100 new jobs.</p><p>Express Scripts is a pharmacy benefits company that manages more than a billion prescriptions each year for millions of patients in the U.S.</p><p>Gov. Jay Nixon announced Thursday that the company’s new patient-service center will mean a 960,000 dollars investment in Joplin's economy.</p> Thu, 30 May 2013 22:16:32 +0000 Associated Press 34614 at http://kbia.org Express Scripts to expand to Joplin, creates 100 jobs Mo. unemployment rate declines in April http://kbia.org/post/mo-unemployment-rate-declines-april <p>For the month of April, Missouri employers added more than 12,000 new jobs while the state’s unemployment rate dropped to 6.6 percent. Tue, 14 May 2013 21:11:54 +0000 Associated Press & Kristofor Husted 33735 at http://kbia.org Mo. unemployment rate declines in April Mo. sees little change in unemployment in February http://kbia.org/post/mo-sees-little-change-unemployment-february <p>Missouri's unemployment rate inched up slightly in February although the state also posted gains in the number of jobs.</p><p>Figures released Tuesday by the state Department of Economic Development show Missouri's unemployment rate was 6.7 percent last month, up one-tenth of a percentage point from January.</p><p>Seasonally adjusted, nonfarm payroll rose by 3,900 jobs in February, with gains in the construction industry offset partially by loses in food services.</p> Wed, 20 Mar 2013 13:24:22 +0000 Associated Press 30708 at http://kbia.org Mo. sees little change in unemployment in February How one enzyme manufacturer catalyzed success http://kbia.org/post/how-one-enzyme-manufacturer-catalyzed-success <p></p><p><span style="line-height: 1.5;">Researchers Katie and Brian Thompson of the University of Missouri took the plunge to start a company a few years ago.&nbsp; They relocated to the Missouri Innovation Center in Columbia, which provides them office space and mentorship support. The husband and wife team developed a technology that stabilizes enzymes.&nbsp; They created a platform technology, which has applications in many industries.&nbsp;</span></p> Fri, 08 Mar 2013 17:26:05 +0000 Meredith Turk 30114 at http://kbia.org How one enzyme manufacturer catalyzed success Economist casts doubt on Mo. business incentives http://kbia.org/post/economist-casts-doubt-mo-business-incentives <p></p><p></p><p>A university economist is casting doubt on whether Missouri's job-creation incentives actually result in more jobs.</p><p>Economist Howard Wall of Lindenwood University testified Monday before the House Government Oversight and Accountability Committee about the effectiveness of the Missouri Quality Jobs program. The initiative offers tax breaks to businesses that add jobs with good wages and health benefits.</p> Mon, 28 Jan 2013 22:11:46 +0000 Associated Press 27945 at http://kbia.org Economist casts doubt on Mo. business incentives Missouri adds 2,500 jobs in September http://kbia.org/post/missouri-adds-2500-jobs-september <p>Missouri payrolls increased by 2,500 in September as the state's unemployment rate declined to 6.9 percent, the lowest mark since late 2008. Tue, 16 Oct 2012 19:50:46 +0000 Associated Press 22903 at http://kbia.org Missouri adds 2,500 jobs in September Manufacturing leads the way in Mo. job creation http://kbia.org/post/manufacturing-leads-way-mo-job-creation <p>The latest Department of Economic Development report shows there were almost 18,000 new jobs in Missouri in August. The manufacturing industry added the most jobs with an increase of nearly 5,000 new positions.</p><p>Missouri Department of Economic Development spokesperson John Fougere says Missouri’s progress in job creation continues to grow following a big drop during the recession.</p> Wed, 19 Sep 2012 14:14:49 +0000 Connor Wist 21409 at http://kbia.org Manufacturing leads the way in Mo. job creation Columbia activists fight urban blight label http://kbia.org/post/columbia-activists-fight-urban-blight-label <p>A city of Columbia&#39;s effort to classify certain neighborhoods as blighted to help businesses secure tax credits continues to draw fire from local activists.</p><p>The &quot;blight&quot; label is required by the state Department of Economic Development to create Enhanced Enterprise Zones. The zones are distinct areas where businesses can receive tax breaks in return for adding new facilities or jobs.</p><p>Opponents say the label will lower property values and could make it easier for local government to seize property under eminent domain laws.</p> Wed, 30 May 2012 21:25:57 +0000 Associated Press 15025 at http://kbia.org Columbia activists fight urban blight label Missouri unemployment numbers dip slightly in April http://kbia.org/post/missouri-unemployment-numbers-dip-slightly-april <p>Missouri added about 6,000 jobs in April as its seasonally adjusted unemployment rate edged down slightly.</p><p>Figures released Tuesday by the state Department of Economic Development also show that Missouri added more jobs in March than originally thought. The March job growth was revised upward from 4,800 to 6,800 new jobs.</p><p>Missouri&#39;s unemployment rate declined one-tenth of a percentage point in April to 7.3 percent. The department said that is the lowest level in 40 months.</p><p>The national unemployment rate was 8.1 percent in April.</p> Tue, 15 May 2012 22:51:28 +0000 Associated Press 14195 at http://kbia.org Missouri unemployment numbers dip slightly in April