Missouri's unemployment rate fell by a tenth of a percent last month from the month before, to 10.1 percent, according to the Missouri Department of Economic Development.
The latest unemployment report became available Thursday, and it once again reflects the toll taken by the COVID-19 pandemic.
April's unemployment rate had been 9.7 percent, but DED reported Thursday the seasonally adjusted rate had been revised upward to 10.2 percent.
March's seasonally adjusted unemployment rate was also revised downward to 3.9 percent.
In May, 32,900 jobs were added in Missouri, but that was still down by 260,000 over the year, with an unemployment rate more than three times higher than May 2019's rate.
In terms of seasonally adjusted non-farm payroll employment, Missouri's leisure and hospitality workers took the hardest hit, with jobs in arts, entertainment and recreation having shrunk 45.2 percent from a year ago.
Accommodation and food services jobs in the leisure and hospitality industry took the second-hardest hit, shrinking 32.3 percent from the year before.
Durable goods manufacturing, information, real estate, and rental or leasing, administrative and support services, and educational services jobs all took double-digit hits of more than 10 percent from the year before.
Of the many job categories listed, only federal government jobs in Missouri grew from the year before — by 1.8 percent, or 1,000 jobs.
As Missouri's economy begins to recover and business returns to some normalcy, the Missouri Department of Labor and Industrial Relations announced this week that to encourage participation in the state's Shared Work Unemployment Compensation program, businesses that participate in the program will not have their unemployment accounts charged through Dec. 26.
Labor Department Director Anna Hui announced earlier this week that on July 5, employers will once again be charged for unemployment claims on their accounts.
The temporary suspension of unemployment account charges for businesses that participate in the shared work program is intended "to lessen the burden on businesses struggling to reopen," as well as to "help transition employees safely back to work while observing social distancing and providing flexible scheduling," according to a news release from the Labor Department.
The shared work program has existed for more than 30 years, and lets employers cut back hours, while letting workers keep their jobs, maintain employee benefits and make up their lost hours with unemployment benefits.
People on unemployment will also receive an additional $600 federal supplement each week, through July 25.
The waiver on unemployment charges through December for shared work program participating employers was authorized by provisions of the federal Coronavirus Aid, Relief and Security Act, according to the Missouri Labor Department.
More information on the shared work program is available at sharedwork.mo.gov.
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Unemployment improves slightly in May - Jefferson City News Tribune
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