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Report shows Missouri recovers most jobs lost during pandemic – Muddy River News

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Report shows Missouri recovers most jobs lost during pandemic – Muddy River News


| Picture courtesy of Missouri Instances

JEFFERSON CITY, Mo. — Missouri has recovered greater than 95 p.c of the jobs misplaced through the COVID-19 pandemic, based on the Missouri Chamber’s newest quarterly financial report. 

Missouri is amongst states main in job recovering after including again 357,200 of jobs misplaced, based on Ted Abernathy, managing accomplice of Financial Management LLC.

“Ten states have made it again above pre-pandemic ranges, and whereas Missouri continues to be just under this level, it’s nonetheless among the many main states in restoration,” mentioned Abernathy.

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Some areas of the economic system are rebounding quicker than others, based on the report. Development has grown 7.5 p.c above pre-pandemic ranges. Commerce, transportation, and utilities have grown by 3.2 p.c.

Financial restoration additionally varies by location. Columbia, Joplin, and Springfield are outpacing the nationwide common in job restoration, whereas Cape Girardeau, Jefferson Metropolis, Kansas Metropolis, St. Joseph, and St. Louis nonetheless lag behind.

Missouri’s shrinking labor pool is one other matter lined within the report.

“We’re going to be going through the scarcity of employees for the foreseeable future,” Abernathy mentioned, pointing to decrease start charges, fewer immigrant employees, and a excessive quantity of workers who took early retirement through the pandemic.

Inflation and geopolitical turmoil are additionally having a big effect on Missouri’s economic system, Abernathy mentioned.

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Missouri

No. 2 South Carolina visits Missouri following Slaughter’s 22-point game

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No. 2 South Carolina visits Missouri following Slaughter’s 22-point game


Associated Press

South Carolina Gamecocks (12-1) at Missouri Tigers (11-4)

Columbia, Missouri; Thursday, 7 p.m. EST

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BOTTOM LINE: Missouri plays No. 2 South Carolina after Grace Slaughter scored 22 points in Missouri’s 90-51 victory over the Jackson State Tigers.

The Tigers are 9-2 on their home court. Missouri ranks ninth in the SEC at limiting opponent scoring, allowing 57.9 points while holding opponents to 38.0% shooting.

The Gamecocks are 1-1 on the road. South Carolina has an 11-1 record in games decided by 10 or more points.

Missouri makes 46.3% of its shots from the field this season, which is 11.6 percentage points higher than South Carolina has allowed to its opponents (34.7%). South Carolina averages 23.6 more points per game (81.5) than Missouri gives up (57.9).

The Tigers and Gamecocks meet Thursday for the first time in conference play this season.

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TOP PERFORMERS: Slaughter is averaging 14.7 points for the Tigers.

Te-Hina Paopao is averaging 11.4 points for the Gamecocks.

LAST 10 GAMES: Tigers: 8-2, averaging 80.6 points, 34.7 rebounds, 14.8 assists, 9.8 steals and 3.0 blocks per game while shooting 47.9% from the field. Their opponents have averaged 59.2 points per game.

Gamecocks: 9-1, averaging 82.8 points, 39.0 rebounds, 16.8 assists, 11.7 steals and 5.9 blocks per game while shooting 47.0% from the field. Their opponents have averaged 53.0 points.

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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Will Missouri grocery stores lose shoppers to Kansas?

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Will Missouri grocery stores lose shoppers to Kansas?


KANSAS CITY, Mo. — Kansas is eliminating its sales tax on groceries.

Will Missouri shoppers take their business across the state line to save money?

The state’s tax on Kansas food sales was 2%.

In Missouri, the food sales tax is 1.225% on take-home grocery food items and the revenue it generates primarily supports public schools.

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Local governments levy sales taxes on groceries, potentially increasing the total tax rate up to 8%.

The Missouri Department of Revenue has an online tool that shows the full tax breakdown.

A bill to end the grocery tax in Missouri stalled in the legislature last year, with lawmakers citing lost revenue and confusion on how money from the tax would be made up.

“Frankly, I’ve lived in a couple of states where they didn’t have sales tax on food and it always works out better,” said Marcus Moses, a shopper in south Kansas City. “Oh yeah, it’s going to affect how I shop. I’m going to spend a lot more time in Kansas buying food than in Missouri.”.

Grocery store operators are paying close attention to what happens when the Kansas sales tax goes away.

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Jack McCormick, KSHB 41

Missouri store cuts prices

“It’s important to shop in Missouri, to support your state and support your stores, but I also think the store needs to do their job too to keep the customers shopping,” said Moe Muslet, who oversees Farm Fresh Market in south Kansas City. “I mean they’re looking for value, so we need to offer them value or they’re going to go somewhere else.”

Muslet knows his customers want the best deals.

“Us opening this store, we knew it was going to happen and we planned on it already, he said. “Our prices are aggressive, offering good products at good prices, nice customer service, and a store. They’ll continue shopping here.”

One couple said it’s not likely they will change where they shop.

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“Where you used to go the store for $35, now it’s $60 or $65,” said Louise and Jimmy Clossick as they shopped Tuesday night. “Grocery prices are going up, so you do watch for bargains or sales. Does it make a difference in where we shop? Probably not that much; it’s more of a convenience for us.”

Poster image - 2024-12-31T230418.160.jpg

Jack McCormick

Jimmy and Louise Clossick

Gas prices will keep one Missouri shopper in the state.

“It costs more in gas to get over there and back,” Jeremy Coleson said. “And time. Time is probably the most valuable.”

Kansas officials estimate the elimination of the tax will save about $500 a year for a family of four.

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Muslet says he has a plan to stay competitive at his store.

“Lowering margins, lower our margins so we are losing a little bit here, but we will gain it with increased sales we are hoping,” he said. “I don’t think the sales tax will compete with our store much, but I think their stores will.”





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Columbia businesses prepare for minimum wage increase under Proposition A

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Columbia businesses prepare for minimum wage increase under Proposition A


COLUMBIA — Minimum wage in Missouri will increase by more than a dollar on Wednesday after voters passed Proposition A by a significant margin in November.

Minimum wage will increase to $13.75 from $12.30, and some employers will also be required to provide their employees with one hour of paid sick leave for every 30 hours worked. 

Proposition A will increase the minimum wage to $15 an hour by 2026.

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Some businesses in Columbia say this increase will have an impact on employees and business owners alike.

People in favor of the proposition believe it is a step in the right direction toward giving minimum wage workers a more livable income. However, people against say it will cause another spike in prices.

“Inflation on food products are through the roof — we’re still at 10-to-12% price increases,” said Buddy Lahl, the CEO of the Missouri Restaurant Association. “Adding additional regulations is going to, in turn, continue to add increased prices onto consumers.” 

Lahl also believes the mandated paid sick leave could deprive workers of other benefits. “Typically employers provide vacation days and health insurance and then you’d get to sick pay. This is mandating sick pay in front of health insurance and I’m not so sure that’s the right thing to do.” 

A manager at Hitt Mini Mart said business owners can prepare for the wage increase to help keep costs down.

“The best thing that most businesses can do is try to give out deals as much as possible,” Patel said. “Yes, I know prices are going to rise and it will be tough for some people to adjust to the new prices, so the best thing I can do is try to get a deal for them.” 

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With basic necessities becoming more expensive, experts say higher wages for Columbia residents will go a long way toward keeping the pantry full.

“Currently in 2024, a full-time minimum wage worker earned less than $500 per week,” said Richard Von Glahn, the political director at Missouri Jobs with Justice. “That is not enough to survive in any county in this state. Those rising prices are actually why raising the minimum wage is so important to begin with.” 



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