Kansas jobless rate falls to 4.1 percent in October; overall growth much slower than national average
Kansas added 2,500 nonfarm jobs in October, which pushed the state's unemployment rate down to 4.1 percent, the lowest level since June 2001. But overall job growth over the last year has been a modest 1.2 percent, much slower than the national average. By Peter Hancock
Bankers continue to predict the economy will slow in the months ahead in rural parts of 10 Western and Plains states.
On paper, it would appear that Kansas has largely recovered from the Great Recession of 2008-2010. But the recovery hasn't been equal across the state, economists say. While the Kansas City-Lawrence-Topeka corridor has done well, economists say the Wichita area and much of rural Kansas have been left behind.
Rep. Ron Ryckman, Jr., who chairs the House Appropriations Committee, said he thinks Gov. Sam Brownback and the Legislature may have to find as much as $100 million in midyear budget adjustments due to shortfalls in state revenues. But he said the state's full budget picture won't be known until early next week.
Employment has grown less than 1 percent in Kansas over the past year, much slower than the national average. But state officials say that's the result of a shrinking labor force, not a lack of job opportunities. By Peter Hancock
Kansas added 5,700 non-farm jobs in June, but that was not enough to absorb the number of new workers entering the labor force. The state's unemployment rate rose to 4.5 percent during a month when the national jobless rate declined. By Peter Hancock
Data from a June survey echo previous signs that slower economic growth likely lays ahead for nine Midwestern and Plains states, according to a report released Wednesday.
Kansas collects $22 million less in taxes than expected this month; $32.8 million less for fiscal year
The state of Kansas collected $32.8 million less than it expected in fiscal year 2015, which means the state will begin the new fiscal year on Wednesday with even less money in the bank than it had hoped for.
Missouri and Kansas officials are close to an agreement that would end a long-running "border war" that saw both states using economic incentives to persuade businesses to move, a Kansas Cabinet secretary said.
The Kansas unemployment rate rose for the second straight month in May to a seasonally adjusted 4.4 percent. Over the last year, the Department of Labor said private-sector job growth in Kansas has been less than 1 percent, compared with a national growth rate of 2.2 percent. By Peter Hancock