Wichita State releases updated employment forecasts
Jan 17, 2012 8:51 AM | Print
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.
Work group seeks social media policy feedback
One million tiles being restored on WSU's Miro mosaic
Donations lead to increase in Ulrich photo collection
Opera stars Ramey, Held to teach at WSU
Wichita State to host Chinese delegation
Wichita high schoolers win WSU Jabara Scholarships
Kenya Safari Acrobats to perform at CAC
Bardo Proposes 'Innovation Campus'
WSU's NIAR hires lab director
Miss America 2014 to speak at WSU
WSU's McDowell competing for Mrs. International title
Endowed professorship named after Robert Town
WSU students, faculty participate in theater festival
Funds to WSU will help develop community-wide program
WSU Gore Scholar proving her worth
Sawan Fellowship awarded at Wichita State
WSU's 'Academe' for winter 2014
Wichita State offers Anti-Trafficking 101
Observatory hosting 'Discovering Stellar Secrets'