2018 Updated Kansas Employment Forecast released
In 2018, Kansas total nonfarm employment is expected to increase by 0.1 percent, adding approximately 2,000 jobs, with a range of expected growth between negative 0.2 percent and positive 0.5 percent.
The service (2,600 jobs) sectors are expected to lead the growth in the state in 2018, with a growth rate of 0.4 percent. The trade, transportation and utilities (538 jobs) sectors are expected to grow by 0.2 percent. The production sectors are projected to add 269 jobs, for 0.1 percent growth. Whereas, the government sector is projected to contract by 1,400 jobs, 0.6 percent decline in jobs.
CEDBR Director Jeremy Hill comments: "If Kansas employment growth was running a marathon, the state would be toward the back of the pack, as compared to other states. Sometimes in a marathon a successful race is not to gain a trophy; rather to simply make it across the finish line. Over the last couple of years, the state economy has diverted from what is going on nationally, as core sectors within Kansas remain weak. The state economy is expected to see continued slow-predictable growth in 2018."
Read the full 2018 Kansas Employment Forecast at www.outlook.cedbr.org.
A graph and table are available at the above link.
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Contact: Jeremy Hill, Director W. Frank Barton School of Business Center for Economic Development and Business Research, 316-213-3673 or jeremy.hill@wichita.edu.