Show-Me Kansas City Unemployment Numbers Creeping Up

As we noted earlier this weekend . . .

Just in time for election season . . . 

Check economic numbers tanking as financial reality doesn't look good for the party in power.

Here's more data . . .

Missouri’s 4.2% rate was the state’s highest since July 2021. Kansas City and St. Louis both recorded their highest unemployment rates since August 2021, when they were 3.9% and 4.6% respectively.

National unemployment growing slowly can be a result of the Federal Reserve Bank keeping rates high, according to University of Missouri economics professor Peter Mueser.

“The idea is, if they keep the rates high, that's expected to slow down the labor market a little bit, or slow down in the markets in general,” Mueser said.

Read more via www.TonysKansasCity.com link . . .

Unemployment in Kansas City and other Missouri cities rose to a nearly 3-year high

Missouri's unemployment rate increases fell in line with most places across the country. Nearly 90% of metro areas included in a new federal report saw hikes.