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    May 2017

More of the same on the labor front — and that’s a good thing!

March data shows Kansas City’s employment continuing to surge. The metro has added nearly 30,000 jobs over the last year. This is a very solid annual number for us.

Getting into the weeds a bit, we see very strong growth in the Professional, Scientific and Technical Services industry. This sector includes engineering, and many IT companies that tend to pay above the overall median. So, not only are we growing employment, we appear to be growing in the right sectors.

Help-wanted ads leveled off a bit in March, but maintained a strong level with 22,000 unique postings. The top in-demand occupations were Motor Vehicle Operation, Computer Occupations and Health Diagnosing and Treating Practitioners.

The unemployment rate has fallen to 4.2 percent, which is low, but still towards the back of the pack relative to some of our peers. We're not concerned about our rank, however, given that unemployment rates are low across the board.

Upcoming Events

MARC Regional Assembly
"Advancing our Civic Capacity" with keynote speaker David Von Drehle, editor-at-large for TIME magazine

Friday, June 9, 11:30 a.m. to 1:30 p.m., Westin Crown Center
Details and Registration

Save the Date

Annual Workforce Summit:
• November 9, 2017

 

 

 

THE LATEST METRO DATA

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

Employment continues a steady increase, now sitting at 1,088,000 jobs in the region.

Chart comparing employment totals to prior years

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

The metro unemployment rate dropped for the second straight month, to 4.2 percent.

Chart comparing unemployment rate to prior years

COMPARISON TO PEER METROS
Despite our drop in unemployment, Kansas City fell closer to the bottom of our peer group.

Chart comparing peer metros

JOB POSTINGS
Job postings leveled off in March, at just under 22,000 unique ads.

Chart comparing job postings to prior years

Most recent Employment by Industry infographic

Employment by Industry Infographic
(Click to enlarge)

About RWIN

MARC developed the Regional Workforce Intelligence Network to encourage greater collaboration among the region's workforce data and information professionals.

RWIN is a collaboration of economic development professionals, one-stop centers, workforce centers, community colleges and universities that meets on a monthly basis.

For more information, visit kcworkforce.com.


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Mid-America Regional Council | 600 Broadway, Suite 200 | Kansas City, MO 64105 | Ph. 816-474-4240 | marcinfo@marc.org
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.

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