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May 2018 (March Data)

LATEST DATA EMPLOYMENT JOB POSTINGS UNEMPLOYMENT EMP GROWTH
MARCH 2018 1,093,600 69,545 3.6% 1.4%
FEBRUARY 2018 1,093,900 62,296 3.8% 1.6%
Month-to-Month Change - 300 +11.6% - 0.2% -0.2%



GROSS DOMESTIC PRODUCT (GDP)

$114,376,000
(17th among 31 peers)

KC Rising's goal is to be a top 10 metro in GDP. While KC's GDP is growing, it is not growing as fast as most of our peers.

More KC Rising metrics»



EMPLOYMENT BY INDUSTRY

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


UPCOMING EVENTS

MARC Regional Assembly & Leadership Awards
Friday, June 8, 11:30-1:30
InterContinental on the Plaza
More information»


STAY CONNECTED

For more information on regional workforce data and initiatives:

Visit our website at KCWorkforce.com

Read our blog at KCEconomy.org

Follow @KCEconomy on Twitter

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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 area employment is flat in early 2018

The Kansas City Metro held steady in terms of employment in the first quarter of 2018. Employment stands at 1,093,600 in March, which is up just 100 from January.

We are up 1.4 percent (15,600 jobs) from one year ago. This rate places us in the bottom half of our 14 peers. Four of our peers (Cincinnati, Omaha, St. Louis and Milwaukee) did not even see their employment growth reach 1 percent over the last year. However, three of our peers (Austin, Charlotte and Dallas-Ft. Worth) had growth rates that more than doubled ours.

The labor market remains tight as the metro unemployment rate dropped again to 3.6 percent. One year ago, it was 4.2 percent.

We are introducing new want ad data this month. According to our data provider (JobsEQ) the region had over 69,545 unique job postings in March. JobsEQ also allows us to identify the occupations that are most intensely sought by local employers and the most common skills in demand. Nursing and vehicle operating occupations appear to be most in demand by local employers over the last 30 days. In terms of hard skills, technical skills like Microsoft Excel and Word are in deman,d as are sales related skills. This is a new dataset and we will continually review it do bring you the best available want ad data.

 

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.]

The Kansas City region's employment picture has been mostly flat so far in 2018.

WANT AD TRENDS - LAST 30 DAYS

Top 10 Hard Skills Sought
(Number of ads seeking skill)

Skill Ads
MS Office 4,252
MS Excel 2,456
Retail Sales 2,014
Sales 1,850
MS Word 1,568
Mathematics 1,509
Cash Handling 1,503
Computer ProgramCoding 1,409
Teaching/Training 1,308
Presentation 1,199

Top 10 Hiring Intensity by Location Quotient
(LQ 1.00 = National Average)

Occupation KC LQ
Licensed Practical & Vocational Nurses 2.60
Taxi Drivers & Chauffeurs 2.45
Industrial Truck & Tractor Operators 2.29
Preschool Teachers 2.11
Landscapers/Groundskeepers 2.03
Personal Care Aides 1.90
Maids/Housekeepers 1.90
Laborers & Material Movers (Hand) 1.90
Security Guards 1.76
Food Preparation & Serving 1.76
UNEMPLOYMENT

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

Kansas City's unemployment rate dropped to 3.6 percent in March. One year ago the unemployment rate stood at 4.2 percent.

PEER METRO RANK — EMPLOYMENT GROWTH RATE

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

Kansas City added 15,600 jobs in the year ending March, a growth rate of 1.7 percent. This keeps the region in the bottom half among its peer metros.