Show-Me Pocket Change

Jobless in St. Louis: radical ratios

October 19, 2009 · 1 Comment

Indeed.com has illustrated the best cities to be jobless in – best in that they have a higher ratio of job openings to unemployed persons.

I don’t think you’ll be surprised to learn that of the 50 largest metro areas, St. Louis was 42nd. Kansas City was 29th.

St. Louis, by this measure, appears to have lost 4 jobs/unemployed person, and has a ratio of 6 jobless/job opening.

KC was slightly less bad with only 2 lost jobs per unemployed person and a ratio of 5 jobless per job opening.

Granted, these numbers may be a little skewed depending on how many companies are advertising jobs vs. headhunting.

But I do think it provides a worthwhile benchmark and impetus for aggressively bringing new business to Missouri, and helping existing businesses expand.

Add that to Missouri’s unemployment rate and 3rd worst personal income declines, and you’ve got a recipe for a poor state economy.

Neither KC nor St. Louis made CNN Money’s list of top 50 cities to start a small business in (though Jefferson City did… hm). Nor did KC or St. Louis make the list of Small Business loan hot spots.

Categories: Missouri Policy News · State Income Tax
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1 response so far ↓

  • Jane Reaction // November 20, 2009 at 12:07 am | Reply

    Missouri never had the right sort of mass, just a couple of large metros, little else.
    Now, I believe all of our auto assembly plants are closed or closing, even Budweiser belongs not to us.
    I write a lot about jobs and was in the recruiting business. Nice to see your work.
    My blog is http://www.blogspot.truxtop.com

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