Originally posted by Diane Stafford email@example.com of the Kansas City Star.
There were 14,200 more workers on Kansas City metropolitan area payrolls in July 2016 than July 2015, the U.S. Bureau of Labor Statistics reported Wednesday.
That job growth represented a 1.4 percent gain.
Payroll additions were most prominent in Clay and Wyandotte counties, according to the labor department’s analysis of the 14-county area on both sides of the state line.
For July 2016, the report estimated an unemployment rate, not seasonally adjusted, of 5.1 percent for the metro area. That was 0.1 percent higher than a year earlier, and it exactly mirrored the unadjusted U.S. jobless rate for the month.
On the employment side, the bureau calculated the largest percentage job losses in the information services sector, down 9.1 percent over the July-to-July period.
The biggest sector for job creation was professional and business services, up 2.7 percent over the 12 months. Manufacturing jobs rose 1.8 percent, and jobs in the health services and education sector rose 2.4 percent.
The bureau reported that the Kansas side of the metro area, with 44 percent of the area’s workforce, gained 4,500 jobs for a 1 percent gain over the 12 months. The Missouri side, with 56 percent of the workforce, added 9,700 jobs, for a 1.7 percent gain.
Contact Orenda Real Estate Services
For more information on the Kansas City Real Estate Market, or to learn more about how you can increase the value of your investment property, contact us today by calling (816) 355-4242 or CLICK HERE to connect with us online.