Did you miss the 38th Annual Kansas Economic Outlook Conference? A video playlist of all of the speakers and panel discussions is available, along with presentation slides, at www.eoc2017.cedbr.org.
CEDBR offers a special thanks to WSUTV for producing all of the footage of the event! Follow their YouTube channel at www.youtube.com/wsutv.
Regional Outlook Conferences
Following the Kansas Economic Outlook Conference in Wichita on October 5, CEDBR coordinated five regional conferences in Pittsburg, Emporia, Salina, Dodge City and Hays, Kansas. All five regional conferences included a state and local employment outlook, as well as a state and local real estate outlook provided by Dr. Stan Longhofer, director of the Center for Real Estate at Wichita State University. These events also featured local members of the business community serving as industry speakers, event moderators, and panelists. Visit www.CEDBR.org/Events for more details regarding these events.
Unemployment Insurance Beneficiaries in Wichita, 3rd Quarter 2017
There was an average of 14,164 unemployed people in the Wichita metropolitan area in the third quarter of 2017, approximately 55 percent of whom collected unemployment insurance benefits. In the third quarter of 2017, there were approximately 7,778 people, age 16 and over, who collected unemployment insurance benefits. That is a 37 percent increase from the second quarter of 2017.
In the third quarter of 2017, four industries accounted for 60 percent of unemployment insurance beneficiaries in the Wichita area; manufacturing, administrative and support and waste management and remediation services, construction, and health care.
Daytime Population and Commuter Patterns for Kansas
Relative to population, there were few workers living or working in Kansas that crossed state borders in their daily commute. There were one percent more workers working in Kansas than living in Kansas. This was unchanged between 2010 and 2014. The commuters crossing state borders changed only slightly between 2010 and 2014, with very little change in worker retention.
From 2010 to 2014, the Topeka metropolitan area changes in commuting activity remained level, while all other Kansas metropolitan areas showed increases in commuting activity over this period.
The full report shows commuting patterns by income and industry for each Kansas metropolitan area.
The employment-population ratio has varied significantly across different areas in Kansas over the last fourteen years. Some counties have seen sharp declines, while others have been slowly growing.
Outside of the major population centers, Kansas has maintained a largely constant employment-population ratio since the recession. The level of the ratio is very similar to the pre-recessionary period from 2002 to 2005. From 2005 to 2008 the employment-population ratio rose, and then following the recession it returned to the 2002 to 2005 level.
From July to August, the WSU Current Index increased slightly, while the Leading Index decreased slightly.
The U.S. and Midwest inflation rates both increased from August 2017 to September 2017.
The unemployment rate for Kansas, as a whole, saw a decrease from August 2017 to September 2017. The Wichita (-0.7), Topeka (-0.6), Manhattan (-0.7) and Lawrence (-0.8) MSAs all had a decrease in the unemployment rate.
Current Unemployment Rate
Center for Economic Development and Business Research
1845 Fairmount | Wichita, KS 67260-0121 | Phone: (316) 978-3225 | FAX: (316) 978-3950 | CEDBR@wichita.edu