Updated
Updated · timestribunenews.com · Sep 6
Illinois St. Louis MSA Jobless Rate Falls to 3.5% Despite 800 Payroll Loss
Updated
Updated · timestribunenews.com · Sep 6

Illinois St. Louis MSA Jobless Rate Falls to 3.5% Despite 800 Payroll Loss

1 articles · Updated · timestribunenews.com · Sep 6

Summary

  • The Illinois section of the St. Louis metro posted a 3.5% unemployment rate in July 2026, down 1.0 percentage point from 4.5% a year earlier.
  • Total nonfarm employment still fell by 800 jobs from July 2025, showing the lower jobless rate came alongside a smaller payroll base.
  • Private Education-Health Services added 900 jobs, while Financial Activities gained 200 and Leisure-Hospitality rose 100.
  • Professional-Business Services led declines with 700 lost jobs, followed by Transportation-Warehousing-Utilities at 600; Manufacturing, Government and Wholesale Trade each also contracted.
  • The figures are not seasonally adjusted, and Illinois said year-over-year comparisons are the valid gauge after 2025 metro data revisions earlier in 2026.

Insights

How did the Illinois St. Louis metro unemployment rate drop to 3.5% in July 2026 while simultaneously losing 800 total jobs?
What is driving the massive shift from professional services to healthcare jobs in the St. Louis metro area this year?