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April 2018 (February Data)

LATEST DATA EMPLOYMENT JOB POSTINGS UNEMPLOYMENT EMP GROWTH
FEBRUARY 2018 1,094,300 * 3.8% 1.6%
JANUARY 2018 1,093,500 not available 4.0% 1.5%
Month-to-Month Change + 800 * - 0.2% + 0.1%


EMPLOYMENT BY INDUSTRY

Click the image above to download the latest employment-by-industry infographic.


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The Workforce Indicators Newsletter is published monthly by the Mid-America Regional Council. MARC is the nonprofit association of local governments and metropolitan planning organization for the bistate Kansas City region.


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Data sources: Kansas Department of Labor, Missouri Economic Research and Information Center (MERIC), The Conference Board and EMSI. Regional data includes Franklin, Johnson, Leavenworth, Linn, Miami and Wyandotte counties in Kansas and Bates, Caldwell, Cass, Clay, Clinton, Jackson, Lafayette, Platte and Ray counties in Missouri.

 

KC Employment Growth Remains Solid in February

February was another good month for Kansas City in terms of employment growth. Metro employment stands at 1,094,300, up by nearly 17,000 jobs from one year ago. This represents a 1.6 percent growth rate, which is good, but several of our peer metros were able to achieve higher employment growth rates. Austin, Charlotte, Sacramento and Dallas all saw annual employment grow at more than 2.5 percent.

While we hope to see further improvement in that growth rate, we are encouraged to see growth in industries that drive our regional economy. The broad Professional Business Services industry has been the metro’s top job creator for some time. Within that sector, most of the job growth has been in the high-skilled, high-paying Professional-Scientific-Technical sector, which has consistently added between 4,000 and 5,000 jobs per year to the region's economy and has long been an area of specialization for Kansas City.

We are also seeing employment growth in Transportation and Warehousing as well as Local Government. Construction employment has leveled off, and Manufacturing declined slightly.

The region’s unemployment rate dipped to 3.8 percent in February, down from January’s 4 percent.

NOTE: We are working to improve our job postings data and hope to have new data for you next month.

 

Year-Over-Year Comparisons

SEASONALLY ADJUSTED EMPLOYMENT

[The current number of jobs in the Kansas City metro as determined by the monthly Current Employment Statistics survey.]

Kansas City metro employment ticked up to 1,094,300 jobs.

JOB POSTINGS

New data unavailable at time of publication.

December 2017 data is shown here.

UNEMPLOYMENT

[The number of unemployed as a percent of the total labor force, not seasonally adjusted.]

Kansas City's unemployment rate dropped to 3.8 percent in February. One year ago the unemployment rate stood at 4.4 percent.

PEER METRO RANK — EMPLOYMENT GROWTH RATE

[Percent change in employment year-over-year among 14 metropolitan areas.]

Kansas City added 16,800 jobs in the year ending February, a growth rate of 1.6 percent. Although this is a slightly higher rate than last month, it still places Kansas City in the bottom half among peer metros.