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Total jobs vs. unemployment rate: St. Louis
Source: JLL Research
Industrial employment trends (12-month change) :St. Louis
Source: BLS, JLL Research
Job growth/loss by sector (12-month change): St. Louis
Source: JLL Research
Employment Update
Metro St. Louis | September 2015
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
1,200,000
1,250,000
1,300,000
1,350,000
1,400,000
1,450,000
2000 2002 2004 2006 2008 2010 2012 2014
Peak: 1,398,347 jobs
3.1%
unemployment rate
total jobs
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
2011 2012 2013 2014 2015
Trade, Transportation & Utilities
Manufacturing
Other Services
Mining, Logging & Construction
-1,900
-500
-300
600
1,200
1,200
3,700
4,600
6,000
6,400
Other Services
Financial Activities
Information
Mining, Logging & Construction
Manufacturing
Government
Educational & Health Services
Trade, Transportation & Utilities
Professional & Business Services
Leisure & Hospitality
Number of Jobs
Office employment trends (12-month change) :St. Louis
Source: BLS, JLL Research
Job growth (12-month change): United State vs. St. Louis
Source: JLL Research
-10.0
-5.0
0.0
5.0
10.0
15.0
2011 2012 2013 2014 2015
Professional & Business Services
Information
Government
Financial Activities
-2.0%
0.0%
2.0%
4.0%
2011 2012 2013 2014 2015
St. Louis United States
5.1%U.S. unemployment
2.1%U.S. 12-month job growth
5.7%St. Louis unemployment
1.4%St. Louis 12-month job growth
5.8%Missouri unemployment
1.4%Missouri 12-month job growth
News on the street
St. Louis businesses expanding, contracting, etc.
Centene Corp. | Healthcare: expanding
Centene signed a lease for 117,618 square feet at Timberlake Corporate Center II, the corporation’s third location in Chesterfield. Centene also occupies 31,000
square feet in Woodsmill Commons I and 71,000 square feet in Woodsmill Commons II. Annual revenues reached $16.5 billion in 2014, a 50 percent increase over
2013’s revenues.
Geotechnology | Engineering: expanding
Maryland Heights engineering firm Geotechnology, is expanding across the Midwest. In August, Geotechnology acquired the assets of Thelen Associates, a firm
with four offices and 108 employees in Kentucky. In the last five years, Geotechnology has also acquired Environmental Operations of Illinois LLC and Hall, Blake &
Associates from Memphis. Geotechnology now has ten offices and a total of 280 employees.
Imo’s Pizza | Restaurant chain: expanding
Two vacant buildings at Delmar and 17th Street in downtown St. Louis are undergoing a $5.2 million renovation to become Imo’s Pizza’s new corporate
headquarters, a tourist destination, and a souvenir store rolled into one. The 25-foot sign from Imo’s old headquarters at Hampton Ave and Highway 40 is moving
downtown, too. Imo’s is a privately held company with almost 100 franchises in Missouri, Illinois, and Kansas.
Proctor & Gamble | Manufacturing: expanding
Proctor & Gamble is expanding its St. Louis facility at 169 East Grand Ave to 61 Ferry Street, just across the street. The site, appraised at $2.05 million, will transfer
from the city to Proctor & Gamble for $1.5 million, as part of the city’s larger efforts to redevelop the North Riverfront Business Corridor. Funds from the sale will help
the city relocate the North Refuse Division, which currently occupies the property.
Toyota | Auto: expanding
Ackerman Toyota is relocating from South Kingshighway to three acres on 2000 Hampton Avenue. Construction on the $18 million project begins in December
2015, and the dealership with a 48,450 square-foot showroom will open June 2016. At least 35 new jobs will be added to the payroll. Toyota received $4.4 million in
TIF and $765,000 from a CID sales tax.
Industry employment stratification
St. Louis
Source: JLL Research
©2015 Jones Lang LaSalle IP, Inc. All rights reserved.For more information, contact: Blaise Tomazic | blaise.tomazic@am.jll.com
Employment statistics
St. Louis
July 2013 July 2014 July 2015
Total Non-farm
Employment
1,291,900
0.9%
1,305,200
1.0%
1,326,200
1.6%
Unemployment Rate 7.6% 6.7% 5.7%
Cleveland Supersectors July 2013 July 2014 July 2015
Mining, Logging & Construction 62,900 5.5% 62,300 -1.0% 62,900 1.0%
Manufacturing 110,500 -1.2% 113,500 2.7% 114,700 1.1%
Trade, Transportation,
& Utilities
244,400 0.6% 248,700 1.8% 253,300 1.8%
Information 29,200 -3.6% 29,400 0.7% 29,100 -1.0%
Financial Activities 85,900 1.1% 86,100 0.2% 85,600 -0.6%
Professional & Business
Services
199,600 4.4% 204,000 2.2% 210,000 2.9%
Educational & Health Services 225,400 -1.5% 227,700 1.0% 231,400 1.6%
Leisure & Hospitality 148,500 2.1% 151,100 1.8% 157,500 4.2%
Other Services 45,900 -0.6% 46,700 1.7% 44,800 -4.1%
Government 139,600 0.1% 135,700 -2.8% 136,900 0.9%
19%
17%
16%
12%
10%
9%
7%
5%
3% 2%
Professional & Business Services Financial Activities
Leisure & Hospitality Other Services
Information Trade, Transportation & Utilities
Manufacturing Educational & Health Services
Mining, Logging & Construction Government

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St. Louis Employment Update

  • 1. Total jobs vs. unemployment rate: St. Louis Source: JLL Research Industrial employment trends (12-month change) :St. Louis Source: BLS, JLL Research Job growth/loss by sector (12-month change): St. Louis Source: JLL Research Employment Update Metro St. Louis | September 2015 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 1,200,000 1,250,000 1,300,000 1,350,000 1,400,000 1,450,000 2000 2002 2004 2006 2008 2010 2012 2014 Peak: 1,398,347 jobs 3.1% unemployment rate total jobs -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 2011 2012 2013 2014 2015 Trade, Transportation & Utilities Manufacturing Other Services Mining, Logging & Construction -1,900 -500 -300 600 1,200 1,200 3,700 4,600 6,000 6,400 Other Services Financial Activities Information Mining, Logging & Construction Manufacturing Government Educational & Health Services Trade, Transportation & Utilities Professional & Business Services Leisure & Hospitality Number of Jobs Office employment trends (12-month change) :St. Louis Source: BLS, JLL Research Job growth (12-month change): United State vs. St. Louis Source: JLL Research -10.0 -5.0 0.0 5.0 10.0 15.0 2011 2012 2013 2014 2015 Professional & Business Services Information Government Financial Activities -2.0% 0.0% 2.0% 4.0% 2011 2012 2013 2014 2015 St. Louis United States 5.1%U.S. unemployment 2.1%U.S. 12-month job growth 5.7%St. Louis unemployment 1.4%St. Louis 12-month job growth 5.8%Missouri unemployment 1.4%Missouri 12-month job growth
  • 2. News on the street St. Louis businesses expanding, contracting, etc. Centene Corp. | Healthcare: expanding Centene signed a lease for 117,618 square feet at Timberlake Corporate Center II, the corporation’s third location in Chesterfield. Centene also occupies 31,000 square feet in Woodsmill Commons I and 71,000 square feet in Woodsmill Commons II. Annual revenues reached $16.5 billion in 2014, a 50 percent increase over 2013’s revenues. Geotechnology | Engineering: expanding Maryland Heights engineering firm Geotechnology, is expanding across the Midwest. In August, Geotechnology acquired the assets of Thelen Associates, a firm with four offices and 108 employees in Kentucky. In the last five years, Geotechnology has also acquired Environmental Operations of Illinois LLC and Hall, Blake & Associates from Memphis. Geotechnology now has ten offices and a total of 280 employees. Imo’s Pizza | Restaurant chain: expanding Two vacant buildings at Delmar and 17th Street in downtown St. Louis are undergoing a $5.2 million renovation to become Imo’s Pizza’s new corporate headquarters, a tourist destination, and a souvenir store rolled into one. The 25-foot sign from Imo’s old headquarters at Hampton Ave and Highway 40 is moving downtown, too. Imo’s is a privately held company with almost 100 franchises in Missouri, Illinois, and Kansas. Proctor & Gamble | Manufacturing: expanding Proctor & Gamble is expanding its St. Louis facility at 169 East Grand Ave to 61 Ferry Street, just across the street. The site, appraised at $2.05 million, will transfer from the city to Proctor & Gamble for $1.5 million, as part of the city’s larger efforts to redevelop the North Riverfront Business Corridor. Funds from the sale will help the city relocate the North Refuse Division, which currently occupies the property. Toyota | Auto: expanding Ackerman Toyota is relocating from South Kingshighway to three acres on 2000 Hampton Avenue. Construction on the $18 million project begins in December 2015, and the dealership with a 48,450 square-foot showroom will open June 2016. At least 35 new jobs will be added to the payroll. Toyota received $4.4 million in TIF and $765,000 from a CID sales tax. Industry employment stratification St. Louis Source: JLL Research ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.For more information, contact: Blaise Tomazic | blaise.tomazic@am.jll.com Employment statistics St. Louis July 2013 July 2014 July 2015 Total Non-farm Employment 1,291,900 0.9% 1,305,200 1.0% 1,326,200 1.6% Unemployment Rate 7.6% 6.7% 5.7% Cleveland Supersectors July 2013 July 2014 July 2015 Mining, Logging & Construction 62,900 5.5% 62,300 -1.0% 62,900 1.0% Manufacturing 110,500 -1.2% 113,500 2.7% 114,700 1.1% Trade, Transportation, & Utilities 244,400 0.6% 248,700 1.8% 253,300 1.8% Information 29,200 -3.6% 29,400 0.7% 29,100 -1.0% Financial Activities 85,900 1.1% 86,100 0.2% 85,600 -0.6% Professional & Business Services 199,600 4.4% 204,000 2.2% 210,000 2.9% Educational & Health Services 225,400 -1.5% 227,700 1.0% 231,400 1.6% Leisure & Hospitality 148,500 2.1% 151,100 1.8% 157,500 4.2% Other Services 45,900 -0.6% 46,700 1.7% 44,800 -4.1% Government 139,600 0.1% 135,700 -2.8% 136,900 0.9% 19% 17% 16% 12% 10% 9% 7% 5% 3% 2% Professional & Business Services Financial Activities Leisure & Hospitality Other Services Information Trade, Transportation & Utilities Manufacturing Educational & Health Services Mining, Logging & Construction Government