Profile of Unemployment Insurance Beneficiaries in Wichita, 4th Quarter 2016
There was an average of 13,602 unemployed people in the Wichita metropolitan area in the fourth quarter of 2016, approximately 50 percent of whom collected unemployment insurance benefits. In the fourth quarter of 2016, there were approximately 6,811 people, age 16 and over, who collected unemployment insurance benefits. That is an increase of approximately five percent from the third quarter of 2016.
In the fourth quarter of 2016, four industries accounted for 64.2 percent of unemployment insurance beneficiaries in the Wichita area; construction, manufacturing, administrative and support and waste management and remediation services, and wholesale trade. Of these four high unemployment industries, only manufacturing currently has a proportionately low level of unemployment insurance beneficiaries, when compared to total employment.
The U.S. Census Bureau has published their population projections for the entire United States from 2015 to 2060 , and they project that the United States population will grow from 321.4 million to 416.8 million in that period. This represents 29.6 percent growth for the U.S. population, which is projected to expand more rapidly than the Kansas population.
Both the Kansas and the U.S. populations are projected to have positive growth rates throughout this period, with growth generally slowing over much of this period as well.
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2016 Q4 Industry Changes: Health Care & Social Assistance Sector
After years of moderate growth, the Kansas Social Assistance sector experienced accelerated growth in employment in 2013 and 2015 growing 9.9 percent and 14.4 percent, respectively. The sector added 6,983 employees between 2012 and 2015 in Kansas.
In the past decade, the Nursing and Residential Care sector experienced moderate employment growth, increasing by 3,844 employees from 2005 to 2014. However, employment declined 0.9 percent in 2014 compared to the previous year, going from 41,032 employees in 2014 to 40,645 employees in 2015.
From September to October, the WSU Current Indices decreased, while the Leading Indices increased slightly.
The U.S. and Midwest inflation rates both increased from October 2016 to November 2016.
The unemployment rate for Kansas, as a whole, saw no change from November 2016 to December 2016. The Wichita and Topeka MSAs saw an increase of 0.1 and 0.2 percentage points, respectively. The Manhattan MSA saw a decrease of 0.1 percentage points. The Lawrence MSA saw no change.
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