Overall unemployment rate moved up to 5.2% with the biggest shift in Business Services, which lost 5,000 roles, based on the most recently available information published in March 2021.
Total employment in the Kansas City, MO-KS market rose by 3,052 jobs in January and the unemployment rate increased compared to the prior month by 30 bps to 5.2%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Kansas City, MO-KS unemployment rate is 161 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in January versus prior month by -1.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.6%. Key sectors include:
- Transportation & Utilities: 216,900; -4,300
- Business Services: 184,200; -5,000
- Education & Healthcare: 154,500; -1,500
- Government: 145,500; -1,000
- Restaurants & Hotels: 88,000; +500
- Manufacturing: 80,100; +600
- Financial Services: 78,200; -1,500
- Construction, Mining: 48,400; -4,500
- Other Jobs: 40,800; no change
- IT & Development: 14,300; -200
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.