The age-reweighted employment-population ratio for Kansas fell by 1.9 percent from 2005 to 2015.
Almost all of the decline in the U.S. employment-population ratio from 2005 to 2015 can be explained by changing age demographics, while changing age demographics can only explain half of the decline in Kansas’ employment-population ratio.
The reweighted employment-population ratio of other Midwestern states such as Iowa and Nebraska tended to outperform the national average from 2005 to 2015, while Kansas’ did not.
Transportation equipment manufacturing makes a significant contribution to the national economy. This subsector includes the production of motor vehicles, aerospace products, railroad rolling stock, and ship building.
There are two components of transportation equipment manufacturing with a significant presence in the Kansas economy. Aerospace product and parts manufacturing is a major driver in the state economy providing many high paying jobs. There is also a small group of motor vehicle body and trailer manufacturing firms in the state.
The legal services sector includes offices of lawyers, attorneys, and notaries, as well as title abstract offices and other specialized legal and paralegal services, except arbitration services. CEDBR, as part of research on Kansas’ retail and service sector gaps, has analyzed sales in the legal services sector in every county throughout Kansas.
Total legal services employment in Kansas was approximately 13,300 in 2013, with employment of 19 in the median county in the state in this sector. Johnson County, Sedgwick County, and Shawnee County had the highest total employment and sales in the sector in the state.
Only one Kansas county, Lane County, was identified as not having any establishments classified as legal services establishments in the dataset, which could indicate either a lack of legal services in those areas, or establishments classified in another service sector could also be providing legal services. The county has a population of less than 5,000 people.
Between the third and fourth quarters of 2016, the general level of misery experienced by people in the United States decreased and remained below the 2015 level. This can be attributed to a decrease in the unemployment rate, that was partially offset by increases in inflation and a decrease in housing prices. The level of misery also decreased in Kansas in the fourth quarter but was above the 2015 level at the end of the year.
Within each of the metropolitan areas in Kansas, the level of misery is mixed.
The Misery Index, as calculated by the Center for Economic Development and Business Research (CEDBR), includes the following components:
The Consumer Price Index (CPI) from the Bureau of Labor Statistics
The House Price Index (HPI) from the Federal Housing Finance Agency
Unemployment Rates (UR) from the Bureau of Labor Statistics
September 2016 to October 2016, Current & Leading Indices increased. *This is the most current indices information available. More up-to-date indices data will be available in May.
The U.S. and Midwest inflation rates both increased from December 2016 to January 2017.
The unemployment rate for Kansas, as a whole, saw no change from November 2016 to December 2016. *This is the most current employment information available. More up-to-date employment data will be available in April.
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
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