Wichita State releases updated employment forecasts
Jan 17, 2012 8:51 AM | Print
Share

The Center for Economic Development and Business Research at Wichita State University has released updated Wichita Metropolitan Area and Kansas employment forecasts for 2012.

The regularly scheduled release includes actual employment data through November 2011 and includes the recent announcement that Boeing Co. plans to close its Wichita operations.

For the Wichita area, CEDBR is forecasting a 0.6 percent increase in employment for 2012, for a total gain of 1,735 jobs. The 2012 forecast has been revised downward because of the slower than expected national growth and continued unknowns in the local and global economy.

Wichita's forecast for 2012 indicates a year of continued stabilization.

For the full Wichita forecast, go to http://www.wichita.edu/j/?1393.

As a state overall, the Kansas unemployment rate was 6 percent in November 2011. This continues the general decline in unemployment rates since mid-2009, after fluctuating a bit throughout 2011.

Kansas employment was expected to remain flat in 2011 when compared to 2010. Gains in the production and service sectors are expected to offset losses incurred in trade, transportation and utilities, as well as the government sectors.

The Kansas economy is expected to stabilize and begin growing at a modest pace. CEDBR estimates total employment growth of 1 percent, for a net increase of 13,010 employees, in 2012.

For the full Kansas forecast, go to http://www.wichita.edu/j/?1394.

Audio comments are available at http://www.wichita.edu/j/?1396.

Created on Jan 17, 2012 8:51 AM; Last modified on Feb 3, 2012 1:52 PM
#
HEADLINES RSS Feed
Report shows Wichita State grads doing well
WSU students help the homeless
WSU students work on campus construction projects
WSU School of Nursing offers RN-BSN program
Elliott School honors outstanding alums
WSU's Sigma Xi wins Chapter Award
Linwood Sexton Scholarship award winner
Wichita State physical education educator honored
New partner for WSU's tech cluster
KSBDC and PTAC offer free seminar
Russell named director for new center
WSU Nerd Union hosts LARP event
More K-12 schools teach engineering
Psychology professor, Children's Champion
Kansas Senate, House OK $2M for innovation campus
Virgin America still No. 1 airline
'Forty Years/Forty Stories' at WSU museum
February/March 2014 Academe at Wichita State
WSU students: 100 hours of design
WSU licenses technology to local company
See a virtual walk-through of Shocker Hall
Wichita high schoolers win WSU Jabara Scholarships
© 1995-2014 Wichita State University. All rights reserved.
Valid HTML 401