Campus Degree Options in Missouri (MO)
Missouri Careers: An Economic Overview
Missouri's economy is broadly based with a mix of industries and career opportunities. Tourism makes a significant contribution to Missouri's economy, as do agriculture, farming, and manufacturing. The overall rate of unemployment in Missouri was 9.4 percent in October 2010--a little below the national average of 9.6 percent. However, the bigger cities such as Jefferson City and Columbia have much higher levels of employment--6.8 percent and 6 percent respectively--offering much better career opportunities for graduates of Missouri schools and colleges.
Missouri Job Market Outlook
The non-farm industries employing the most people in Missouri in October 2010 were:
- Trade, Transportation & Utilities: 509,000
- Government: 458,600
- Education & Health Services: 407,500
The fastest-growing industries in terms of employment in the year to October 2010 were:
- Mining and Logging: 3.9 percent
- Other Services: 1.9 percent
- Education & Health Services: 0.5 percent
Eleven Fortune 500 corporations are based in Missouri, 8 of them in St. Louis, MO. They represent a range of industries, including health care and pharmaceuticals, electronics, chemicals, utilities, insurance, telecommunication, energy, and retail. The presence of these companies indicates that there are some attractive Missouri jobs and career opportunities for graduates of Missouri schools. According to the Bureau of Labor Statistics, the mean annual salary for all occupations in Missouri was $39,250 in May 2009, compared to $43,460 nationally. However, Missouri was ranked 8th lowest state in terms of cost of living in 2010.
How Missouri Schools Could Help Your Career
One third of total job openings in the decade 2008 to 2018 are expected to be in occupations for which a postsecondary degree or award is essential. Missouri schools can help you compete in the Missouri job market, and begin a career in an occupation with a strong future.