economy

Economy
7:18 am
Fri September 27, 2013

Kansas' Economy Not Growing As Quickly As Nation's

Researchers at The Center for Economic Development and Business Research at Wichita State University say the Kansas economy is growing at a slower rate than the nation as a whole.

Their report says the number of jobs in the state has grown one percent so far this year and isn't keeping up with the growth of the labor force. The jobless rate in Kansas rose to 5.9 percent in August.

The largest growth forecast for 2014 is expected to be in the service sectors. Education and health services are expected to add more than 4,200 jobs.

Economy
7:15 am
Fri June 21, 2013

Kansas Labor Department: Unemployment And Jobs Both Up Slightly

The latest state labor report says the Kansas unemployment rate edged higher in May.

Despite that, the state also saw modest growth in private-sector jobs over the past year.

The Kansas Department of Labor says the jobless rate stood at 5.7 percent last month, up from 5.6 percent in April but down from 6.1 percent in May 2012. The report also says private companies employed about 14,400 more workers last month than in May 2012, an increase of 1.3 percent.

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Commentary
12:30 pm
Wed May 1, 2013

Past and Present: Demographics, Education and Economics

Credit brookesb / Flickr

One of the consequences of the Presidential election of 2012 is an increased awareness of the changing demographics of American society. Specifically, it is projected that, by the year 2050, non-whites will constitute the majority of the American population.

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Economy
12:04 pm
Wed April 3, 2013

Kansas Gets 'A' Grade For Small Business-Friendly Practices

Kansas received an "A" grade again this year from Thumbtack.com's Small Business Survey. The grade was the seventh highest in the country.

The survey bases its grades on data gathered from a nationwide group of more than 7,000 small business owners, freelancers and entrepreneurs in order to rank the best places in the country to do business. The rankings were released in partnership with the Kauffman Foundation.

Kansas received its overall A grade thanks to a strong showing in several categories:

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News
5:23 am
Tue April 2, 2013

Top Morning News 4.2.13

Kansas House and Senate moving toward income tax deal; Union paycheck bill signed by governor; Kansas economy slipped slightly in March.

Tax Negotiations Moving Slowly

Negotiators from the Kansas House and Senate report little progress in working out differences in income tax plans.

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Union Paycheck Deduction Bill Signed Into Law

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Economy
8:34 am
Thu February 28, 2013

Bowling Event Expected To Bring $14M To Wichita

The 2019 Women's USBC Bowling Championships will be held in Wichita.
Credit johnkeelty/Flickr--Creative Commons

Wichita will once again be host to the nation’s top female bowlers.

In 2019 the United States Bowling Congress Women’s Championships will be held in the city. It will run April-June and is expected to generate around $14 million in economic impact for south-central Kansas.

The event was last held in Wichita in 2004.

The bid to bring the championship to Wichita was a collaboration between the city of Wichita, the Go Wichita Convention & Visitors Bureau, the Greater Wichita Sports Commission, and the Great Plains USBC Association.

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Economy
6:09 am
Wed January 9, 2013

Department of Labor Expects Continued Job Growth in KS

The unemployment rate in Kansas continues to beat the national average.

In Kansas, the unemployment rate stands at 5.4 percent. That's well below the U.S. average of 7.8 percent.

Tyler Tenbrink is with the Kansas Department of Labor. He says the state is expecting continued improvement in 2013.

"Currently we are at 5.4 percent, we project that to continue to come down - not quite at that rapid pace, but a more moderated pace," he says.

Economy
5:47 am
Thu November 15, 2012

More Kansas Families Struggle As Assistance Shrinks

A new report says more Kansas families are sinking into poverty, but recent changes in state policy will make it more difficult from them to qualify for government assistance. 

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Economy
7:13 am
Tue September 11, 2012

Kansas Agency Finds Increase In Job Vacancies

The Kansas Department of Labor says the number of job vacancies increased during the second quarter of 2012 when compared with a year earlier.

The report released Wednesday found an estimated 36,000 vacancies from April to June, a 17.3 percent increase over the second quarter of 2011.

During the quarter, Kansas averaged a little over 88,700 unemployed workers. That meant about 2.5 workers for every job vacancy, which was an improvement from 2011, when there were 3.2 unemployed workers for every job opening.

Employment
6:12 am
Thu September 6, 2012

Kansas Agency Finds Increase In Job Vacancies

The Kansas Department of Labor says the number of job vacancies increased during the second quarter of 2012 when compared with a year earlier.

The report released Wednesday found an estimated 36,000 vacancies from April to June, a 17.3 percent increase over the second quarter of 2011.

During the quarter, Kansas averaged a little over 88,700 unemployed workers. That meant about 2.5 workers for every job vacancy, which was an improvement from 2011, when there were 3.2 unemployed workers for every job opening.

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