Employment levels remain at all-time highs across the region.

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 | October 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: 1,399,061 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
-2,400
100
200
900
1,200
1,500
3,300
3,500
3,600
4,300
Other Services
Information
Financial Activities
Mining, Logging & Construction
Manufacturing
Government
Leisure & Hospitality
Professional & Business Services
Trade, Transportation & Utilities
Educational & Health Services
Number of Jobs
Office employment trends (12-month change) :St. Louis
Source: BLS, JLL Research
Job growth (12-month change): United States 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
5.1%St. Louis unemployment
1.2%St. Louis 12-month job growth
5.2%Missouri unemployment
1.6%Missouri 12-month job growth

2. News on the street
St. Louis businesses expanding, contracting, etc.
American Electric Power | Logistics: contracting
Chesterfield-based American Electric Power is selling its barge line, AEP River Operations, to American Commercial Lines owned by Platinum Equity for $550
million. Potentially affected by the acquisition are 102 AEP River Operations employees who work on the fourth floor of Central Park Square I at 16150 Main Circle
Drive, a Class A office building of 100,600 square feet. The deal is expected to close by the end of 2015, subject to regulatory approval.
Novolex | Manufacturing: contracting
Novolex, a paper and plastics manufacturer, is laying off 92 workers and closing its plant at 1780 Belt Way Drive in Overland, Missouri, by the end of October. The
Class B, 100,000 square-foot industrial facility is owned by Whitehawk Investment Co., LLC, and Hilex, Novolex’s parent company, was the only tenant. Novolex is
based in Hartsville, South Carolina, and has 36 plants across the US.
Perficient | IT: expanding
St. Louis-based consulting and IT company, Perficient (NASDAQ: PRFT) just acquired competitor in Chattanooga, Tennessee, Market Street Solutions Inc. for $5.3
million in cash and common stock. The acquisition will create 30 new hires to expand Perficient’s IBM analytics and move the company into Tennessee.
Square | Technology: expanding
Square mobile payment technology company is filling 200 jobs in IT development, support and compliance and moving into a $850,000 expansion on @4240 in the
Cortex innovation district. The new space is 17,000 square feet, 14,000 square feet larger than Square’s previous secret location in CIC@CET under the name
Balbis. @4240’s average asking rate is $19.00 per square-foot. It was chosen over two downtown candidate locations, and it is Square’s eighth office worldwide.
SunEdison | Energy: contracting
In an effort to consolidate worldwide, solar developer SunEdison Inc. (NYSE: SUNE) is downsizing its workforce by 15 percent and cutting 20 percent of non-labor
expenses. SunEdison’s corporate headquarters occupies the top three floors of Riverport Tower, a Class A office tower at 13736 Riverport Drive in Maryland
Heights. It is unclear how many St. Louis employees will be affected by the layoffs.
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
Aug 2013 Aug 2014 Aug 2015
Total Non-farm
Employment
1,301,000
0.9%
1,315,100
1.1%
1,331,330
1.2%
Unemployment Rate 7.3% 6.4% 5.1%
St. Louis Supersectors Aug 2013 Aug 2014 Aug 2015
Mining, Logging & Construction 62,200 3.7% 62,200 0.0% 63,100 1.4%
Manufacturing 110,800 -0.4% 113,400 2.3% 114,600 1.1%
Trade, Transportation,
& Utilities
245,900 0.7% 250,000 1.7% 253,600 1.4%
Information 29,200 -3.0% 29,300 0.3% 29,400 0.3%
Financial Activities 85,800 0.8% 86,100 0.3% 86,300 0.2%
Professional & Business
Services
200,600 5.0% 204,900 2.1% 208,400 1.7%
Educational & Health Services 225,000 -1.6% 227,500 1.1% 231,800 1.9%
Leisure & Hospitality 147,600 1.3% 151,500 2.6% 154,800 2.2%
Other Services 45,800 -0.4% 46,200 0.9% 43,800 -5.2%
Government 148,100 0.1% 144,000 -2.8% 145,500 1.0%
19%
17%
16%12%
11%
9%
6%
5%
3% 2%
Trade, transportation and Utilities Educational and Health Services
Professional and Business Services Leisure and Hospitality
Government Manufacturing
Financial Activities Mining, Logging and construction
Other Services Information