Gov. Jay Nixon today released the following statement on a report from the U.S. Bureau of Labor Statistics that the Kansas City metropolitan area had the greatest decline in unemployment rate among metro areas of one million or more. The area's unemployment rate dropped from 9.3 percent to 7.2 percent over the period from January 2011 to January 2012:
"Coupled with the announcement this week that Missouri added 2,300 jobs in February and the statewide unemployment rate is at its lowest level in 38 months, the news that Kansas City led the nation in this statistic is another strong indicator that our economy continues to turn in the right direction. We are taking the right steps to encourage the growth of existing businesses and the start-up of new ones. Those innovative and positive steps were also recognized this week when the Kauffman Foundation issued its report showing Missouri's significant jump from 35th to 6th in the Kauffman Index of Entrepreneurial Activity. These positive indicators not only reflect our priorities, but also that the steps we have taken have had real results. Kansas City, its local leaders and its businesses continue to provide real economic vision for the present and for the long term. That was clearly evident with the groundbreaking this month for the new Henry W. Bloch Executive Hall for Entrepreneurship and Innovation at UMKC."