• St. Louis Employment Outlook for Second Quarter 2016

    Mar 16, 2016

    The recently released Manpower Employment Outlook Survey indicates an increase in local hiring activity through June 2016.  According to the survey, 27 percent of regional employers plan to hire new employees, 69 percent will maintain staffing levels, and only 3 percent plan to reduce staff.  These percentages translate into a Net Employment Outlook of 24 percent. This level is more robust than the previous quarter’s 12 percent Net Employment Outlook and more optimistic than one year ago, when the region’s Net Employment Outlook was 15 percent.  In fact, the outlook for the region’s hiring activity is higher than Nation’s 18 percent Net Employment Outlook.

    Manpower’s quarterly survey of St. Louis employers found that a wide range of private industries are planning to add jobs over the next three months.   Jobs will be added to the following sectors: construction, durable goods manufacturing, transportation and utilities, information, financial activities, professional and business services, education and health services, leisure and hospitality, and government sectors.

    For a look at the region’s current employment activity and labor force performance, refer to the latest issue of the Greater St. Louis Monthly Employment summary here or on our website.

  • St. Louis Press Pass

    Mar 04, 2016
    ITEN report: St. Louis tech startups upped fundraising in 2015
    (St. Louis Business Journal, 3/2/16)
    St. Louis’ tech startups increased funding 13 percent in 2015 to nearly $176 million, according to the ITEN Tech Startup Report, an annual study of the health of the tech startup scene in the region. >> CLICK FOR MORE
    Thomson Reuters moving jobs to St. Louis
    (St. Louis Business Journal, 2/29/16)
    Thomson Reuters, the business information and media firm, plans to relocate 17 jobs from Argentina to its Creve Coeur campus, officials announced. >> CLICK FOR MORE
    Centene is said to plan 20-story tower in Clayton
    (St. Louis Business Journal, 3/1/16)
    After quietly acquiring considerable land in Clayton, Centene Corp. is planning a new office tower in the heart of that city, according to a prominent real estate executive. >> CLICK FOR MORE
    Tech startups expected to add over 700 jobs in St. Louis this year: IT jobs
    (St. Louis Business Journal, 3/3/16)
    Over the next half-decade, roughly 10,000 technology-related jobs are expected in the St. Louis market. >> CLICK FOR MORE
    SixThirty partners with RGA to grow fintech startups
    (St. Louis Business Journal, 2/29/16)
    St. Louis-based financial services startup accelerator SixThirty has inked a partnership with RGAx, a subsidiary of Reinsurance Group of America that focuses on new and emerging technology. >> CLICK FOR MORE
    Give And Take: How St. Louis’ Community Drives Collaboration Between Startups And Banks
    (EQ, 2/29/16)
    St. Louis is a unique ecosystem for business in a lot of respects. As we often cover, our startup community is more collaborative than many entrepreneurs would find elsewhere. That community-driven aspect also permeates the financial world, and it’s paying off for legacy banks and FinTech startups alike. >> CLICK FOR MORE
    Capital Innovators launches executive hiring platform
    (St. Louis Business Journal, 3/1/16)
    Capital Innovators, the St. Louis-based technology startup accelerator, has launched a new platform to give budding entrepreneurs better access to executives to help grow their startups. >> CLICK FOR MORE
    St. Louis startup to double workforce in St. Louis
    ((St. Louis Business Journal, 2/25/15)
    Bonfyre, the St. Louis-based social media startup that earlier this year raised $2.5 million, has committed to doubling its employee count at its headquarters on The Hill. >> CLICK FOR MORE
    Global VR/AR Association Launches In St. Louis
    (EQ, 2/26/16)
    “I have this phrase that I’ve started using which is, ‘VR is not just a thing, AR is not just a thing, VR and AR will be everything,” says Nathan Pettyjohn, founder and president of the VR/AR Association, launched last month. “Almost every element of our lives in the next five to 10 years [is] going to be touched by this technology. It will be the next big platform after mobile.” >> CLICK FOR MORE
    Nation's largest insurers knock Obamacare marketplaces, but Centene finds success
    (St. Louis Post-Dispatch, 2/28/16)
    Some of the nation’s health insurance giants are complaining that they are losing money on the health insurance marketplaces created by the Affordable Care Act. … Yet, Clayton-based Centene is thriving. Though its core business remains managed care for state-run Medicaid programs, Centene has found a growing, lucrative niche in the federal and state-run marketplaces. >> CLICK FOR MORE
    Ascension finalizes acquisition of Wisconsin health system
    (St. Louis Business Journal, 3/2/16)
    Ascension has finalized its acquisition of Wheaton Franciscan Healthcare, a nearly $2 billion system that is one of the largest health care providers in southeast Wisconsin. >> CLICK FOR MORE
    Boeing appoints Leanne Caret to head St. Louis-based defense unit
    (St. Louis Business Journal, 2/24/16)
    Leanne Caret, a 28-year Boeing (NYSE: BA) veteran, will take over Boeing’s St. Louis-based Defense, Space and Security business as CEO March 1. >> CLICK FOR MORE
    Lighthouse for the Blind wins $19.5 million in federal work
    (St. Louis Business Journal, 3/2/16)
    Lighthouse for the Blind-Saint Louis, which provides manufacturing and packaging services, recently began work on $19.5 million in orders from the U.S. Department of Defense’s Defense Logistics Agency. >> CLICK FOR MORE
    St. Louis picks new site for maintenance garage, could mean 200 more jobs
    (St. Louis Public Radio, 2/24/16)
    St. Louis has picked a place to store and maintain its fleet of trash trucks, setting in motion a process that could lead to 200 new jobs in the city. >> CLICK FOR MORE
    St. Louis increases youth summer job opportunities
    (St. Louis Business Journal, 2/26/15)
    St. Louis is one of 15 cities across the U.S. that increased the number of private sector worksites offering summer youth employment, according to a report from JPMorgan Chase. St. Louis added 19 new partnerships in 2015, the fourth most among the 15 cities in the report. >> CLICK FOR MORE
    Higher Education: SIUE to offer environmental sciences degree
    (Belleville News Democrat, 3/1/16)
    The Southern Illinois University Edwardsville College of Arts and Sciences will offer a bachelor’s degree program in environmental sciences beginning in the fall. >> CLICK FOR MORE
    Soldiers Memorial closes for $30 million renovation
    (St. Louis Business Journal, 2/29/16)
    The Soldiers Memorial Military Museum closed Sunday for a $30 million renovation, with plans to open its doors again in 2018. >> CLICK FOR MORE
    People’s to break ground on new youth health center
    (St. Louis American, 2/25/16)
    Dwayne Butler’s expertise was in business and finance, not health care, when he took over as president and CEO of Betty Jean Kerr People’s Health Centers from his mother, the organization’s founder and namesake, in 2008. >> CLICK FOR MORE
    Minority business ownership surges in Metro area
    (St. Louis Public Radio, 2/24/16)
    The number of minority-owned businesses in the St. Louis region has shown substantial growth in recent years, expanding faster than any of the other 50 most populous metro areas in the country. >> CLICK FOR MORE
    Top 100 Most Influential Blacks in Corporate America
    (Savoy, 2/28/16)
    Richard J. Mark, President and CEO of Ameren Illinois was ranked as a distinguished African-American corporate leader. The Savoy Top 100 is the definitive list of African American achievers, influencers and executives facilitating global change through their leadership. >> CLICK FOR MORE
    Webster University holding two-day summit aimed at tackling diversity
    (KMOV, 2/29/16)
    Webster University will hold a two-day summit aimed at tackling diversity this week.  >> CLICK FOR MORE
    St. Louis Public Library tops off $20 million capital campaign
    (St. Louis Business Journal, 2/29/15)
    The St. Louis Public Library Foundation has completed its $20 million capital campaign, raising about $40,000 above its goal, according to foundation Director Elizabeth Reeves. >> CLICK FOR MORE
    New fashion director in St. Louis looks to lead industry revival
    (St. Louis Public Radio, 2/26/16)
    The once-bustling St. Louis fashion industry could be poised for a rebound and a native with some big-time economic development experience is playing a key role.  >> CLICK FOR MORE