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Old 12-06-2011, 12:49 PM
 
1,830 posts, read 3,112,940 times
Reputation: 532

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The unemployment rate continues to improve, down to 7.8% for Oct and better than US avg. But the Feds factor that by essentially 'guessing' the number of people actually looking for a job or if they dropped out of the labor market. The actual US avg and KC unemployment is probably a lot higher, but it's probably safe to say that KC's rate is consistently better than US avg, just not necessarily that value.

Kansas City, MO-KS Economy at a Glance

The other odd thing is they have 2 different methodologies that are way off base. The top 'Labor Force Data' section polls employees and self employed, the lower 'Salary Employment' section polls employers. The total employed in the top section should be higher than the lower section but isn't.

Also, the top section claims KC went to 938K jobs in Oct 2011 from 962K job Oct 2010, adding about 24K jobs in the last year. The lower section claims KC had 969K jobs in 2011 down from 969.5K in 2010, losing 500 jobs. That's a huge discrepancy.

Can't say I trust the Feds jobs reporting methodology or unemployment rate.

MARC (a local agency that tracks jobs) claims KC added over 20K jobs in the last year.
http://www.bizjournals.com/kansascit...or-market.html

Last edited by xenokc; 12-06-2011 at 01:14 PM..
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Old 12-06-2011, 01:18 PM
 
1,830 posts, read 3,112,940 times
Reputation: 532
More stats from MARC...

Monthly Workforce Indicators

kcworkforce.com has a lot of interesting data, such as...

% of respondents have the following job openings...

36% Arts, Recreation & Entertainment
33% Health Care
30% Health Care & Social Assistance
27% Information/Technology
25% Waste Management
25% Transportation Logistics
23% Finance, Insurance & Real Estate
23% Social Assistance
22% Total
21% Retail Trade
21% Construction
18% Other Services
17% Agriculture
16% Public Administration
16% Professional Services
13% Biosciences
12% Advanced Manufacturing
11% Transportation & Warehousing
10% Wholesale Trade
10% Educational Services
2% Manufacturing
0% Mining

Last edited by xenokc; 12-06-2011 at 01:35 PM..
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