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    June 2017

March unemployment rate drops to 3.6 percent

Remember hanging chads? In December 2000, we all knew what a hanging chad was. It is also the last time Kansas City had an unemployment rate lower than it is right now. Kansas City’s unemployment rate dropped to 3.6 percent in April.(It was 3.5 percent in December 2000).

A 3.6 percent unemployment rate is below what economist would consider “full employment,” that point where everyone who wants a job, has a job. (Even, in full employment, there are going to be people between jobs, so the rate will always be greater than zero).

Full employment is a good thing for workers, as businesses often need to raise wages and benefits to attract and maintain them. This is, of course, less than great news for employers.

Metro employment continues a steady climb as it reached another all-time high of 1,090,600. This is up by over 26,000 jobs from one year ago.

Want ads dipped slightly to 21,026, but this remains a strong figure.

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

Navigating the Future
United Community Services of Johnson County Human Services Summit

Wednesday, June 14, 8:30 a.m. to noon, Johnson County Arts & Heritage Center, 8788 Metcalf, Overland Park, Kansas

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. The region now sits at 1,090,600 jobs.

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 sharply to 3.6 percent. This is the lowest regional unemployment rate since December 2000.

Chart comparing unemployment rate to prior years

COMPARISON TO PEER METROS
Kansas City's 3.6 percent unemployment rate puts us firmly in the middle of our peers.

Chart comparing peer metros

JOB POSTINGS
Job postings dipped slightly in April to just over 21,000 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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