Tagged: department of economic development

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.

Missouri's unemployment rate inched up slightly in February although the state also posted gains in the number of jobs.

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.

Seasonally adjusted, nonfarm payroll rose by 3,900 jobs in February, with gains in the construction industry offset partially by loses in food services.

Researchers Katie and Brian Thompson of the University of Missouri took the plunge to start a company a few years ago.  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.  They created a platform technology, which has applications in many industries. 

A university economist is casting doubt on whether Missouri's job-creation incentives actually result in more jobs.

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.