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November 2018 (September Data)


PATENTS AWARDED

822 Patents
(15th among 31 peers)



Patent activity is a good indicator of research and innovation in a metro. Activity has been mostly flat in Kansas City in recent years. We rank in the middle among our peers.

More KC Rising metrics»



EMPLOYMENT BY INDUSTRY

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


UPCOMING EVENTS

2018 Workforce
& Education Summit:
Cross-sector Collaboration

Dec. 4
American Royal Center
1701 American Royal Court
Kansas City, MO 64102
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.


600 Broadway, Suite 200
Kansas City, MO 64105
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.

LATEST DATA EMPLOYMENT JOB POSTINGS UNEMPLOYMENT EMP GROWTH
SEPTEMBER 2018 1,106,700 63,221 2.8% 1.8%
AUGUST 2018 1,105,600 71.132 3.5% 1.7%
Month-to-Month Change + 1,100 - 11.1% - 0.7% + 0.1%

Employment growth stays strong as unemployment rate drops

Employment in the Kansas City MSA climbed to 1,106,700 in September, up 19,500 from one year earlier. This is a healthy 1.8 percent increase, which places us in the middle of our peer group of metros. This is certainly good news, but the number that will get the most attention is the unemployment rate, which fell to 2.8 percent in September. You have to go back to December 1999 (yes, last century) to find a lower metro unemployment rate. We have considered the metro to be at full employment for over a year now as the unemployment rate has hovered between 3 to 4 percent, but obviously, there was still room for employment to grow.

This low rate is great for employees, who have more job opportunities before them, but likely concerning to employers who will have a difficult time finding available workers. Such a tight labor market should put pressure on wages to rise, but this does not appear to have happened yet. As of the first quarter of this year, unadjusted wages increased just 1.8 percent from a year earlier.

SEASONALLY ADJUSTED EMPLOYMENT

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

Kansas City's employment continues to grow, reaching 1,106,700 in September. This is up 19,500 from one year ago.

HIRING TRENDS

HEALTH CARE PRACTITIONERS AND TECHNICAL OCCUPATIONS - LAST 90 DAYS

Top 10 Employers Advertising Openings
(By total number of ads)

Company Ads
Children's Mercy 225
Saint Luke's Health System 151
Dept. of Veterans Affairs 125
Univ. of Kan. Health System 110
CVS Health 99
Walgreens 79
Liberty Hospital 72
Truman Medical Centers 72
Olathe Medical Center 70
North KC Hospital 65
   

Top 10 Occupations Sought
(By total number of ads)

Occupation Ads
Registered Nurses 2,641
LPNs, LVNs 576
Medical Records and Health Info Techs 498
Pharmacy Techs 491
Radiologic Techs 265
Surgical Techs 244
Speech-Language Pathologists 235
Dietetic Techs 185
Medical and Clinical Lab Techs 177
Pharmacists 115

UNEMPLOYMENT

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

Kansas City's unemployment rate dropped to 2.8 percent in September. One year ago, the metro unemployment rate was 3.3 percent.

PEER METRO RANK — EMPLOYMENT GROWTH RATE

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

The metro added 19,500 jobs in the year ending September, a growth rate of 1.8 percent. This puts Kansas City ahead of Nashville and in the middle of the peer metros..