There's good news for Missouri's unemployment numbers. According to the Missouri Department of Economic Development, the unemployment rate fell sharply in both September and October. The unemployment rate was 6.9 percent in September and 6.5 percent in October, which is the lowest unemployment rate since 2008. This is the 50th consecutive month that Missouri's unemployment rate was lower than the national average. In September, the trade, transportation and utilities sectors showed the most growth, while October saw growth in professional, scientific, and technical services.
The St. Louis Cardinals have announced the final tenants of Ballpark Village. They include Drunken Fish, Howl at the Moon, and iconic St. Louis business Ted Drewes. According to the St. Louis Business Journal, the first phase of Ballpark Village is now completely leased. Drunken Fish is a sushi restaurant and lounge with multiple locations in St. Louis including across the hall from KTRS at Westport. Howl at the Moon is a dueling piano bar with 16 location in the United States. And of course Ted Drewes will serve their famous frozen custard. The first phase of Ballpark Village is expected to open in April.
It's not nearly the $15 an hour that fast-food and retail workers have been fighting for, but Missouri's labor department has increased the state minimum wage. As the new work week begins the department announced late Friday that next year's minimum wage will be $7.50 an hour. That is 15 cents more than the current $7.35 an hour. The increase will make Missouri's wage 25 cents higher than the federal minimum.