Springfield Among National Leaders in Job Growth
By Dick Aldrich
JEFFERSON CITY, Mo. -- A financial reporting service ranks Springfield third in the country for job growth in the last 12 months.
Using figures from the U.S. Bureau of Labor Statistics, 24/7 Wall Street ranks Springfield third behind Fort Wayne, Indiana and Pueblo, Colorado in the number of jobs gained between November of 2010 and October of 2011.
According to the statistics, Springfield had a net gain of 3,610 jobs during the period,that a 4.96 percent increase in the total number of jobs during the period. The new jobs dropped the city’s unemployment rate to 7.4 percent.
Job growth was strongest in restaurants, department stores and home improvement retail stores. Springfield’s sales tax revenue increased ten percent during the survey period. The report summarized “(t)his growth points to a healthy, growing economy, the most imprtant component of job growth.”