Kansas City Employment Forecast
Released October 3, 2019 (See previous version.)
Total nonfarm employment in the Kansas City, MO-KS, metropolitan area* grew by 1.1 percent in 2018, adding 11,800 new jobs. While this growth outpaced both the Kansas and Missouri state averages for employment growth, it still represented slower growth than the Kansas City area experienced from 2013 to 2017, when the area averaged 2 percent. With the continued employment growth, the unemployment rate declined in 2018 to 3.4 percent, its lowest level since 2000. In 2019, growth is expected to increase to 1.4 percent and the economy is projected to add more than 15,000 jobs. For 2020, employment is forecast to slow modestly to 0.9 percent as recessionary fears mount and a tight job market limits the upper end of growth, with the expected range of growth ranging from 0.2 percent to 1.5 percent
*The Kansas City, MO-KS, metropolitan area includes Bates, Caldwell, Cass, Clay, Clinton, Jackson, Lafayette, Platte and Ray counties in Missouri and Johnson, Leavenworth, Linn, Miami, and Wyandotte counties in Kansas.
DOWNLOAD PDF VERSION |