Overall unemployment rate moved down to 2.6% with the biggest shift in Business Services, which lost 3,300 roles, based on the most recently available information published in August 2022.
Total employment in the Kansas City, MO-KS market rose by 4,641 jobs in June and the unemployment rate decreased compared to the prior month by 10 bps to 2.6%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Kansas City, MO-KS unemployment rate is 124 bps below the national rate which is a positive sign.
- Unemployment in the market is 260 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 218,400; +2,000
- Business Services: 183,500; -3,300
- Education & Healthcare: 159,000; +2,000
- Government: 143,800; -1,300
- Restaurants & Hotels: 110,500; +2,700
- Manufacturing: 79,200; +1,600
- Financial Services: 77,000; +100
- Construction, Mining: 61,600; +1,700
- Other Jobs: 41,700; +500
- IT & Development: 16,300; +200
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.