Employment in Kansas is expected to grow a mere 0.1 percent in 2018, according to a forecast from the Center for Economic Development and Business Research at Wichita State University. The author of that report says it's the result of full employment and a tight labor market in Kansas that could force wages to go up in the near future.
Led by a big increase in individual income tax receipts, the state of Kansas enjoyed a prosperous September, with total tax revenues coming in 10 percent higher than expected and 15 percent higher than the same month last year.
The child poverty rate in Kansas fell 5 percentage points, to 14 percent, from 2012 to 2016, according to a national study on child well-being in the United States. Gov. Sam Brownback attributed the decline to his welfare reform initiatives.
The state's unemployment rate rose two-tenths of a point in August as job growth in the state remained relatively flat.
Lt. Gov. Jeff Colyer said Kansas is putting together "the most aggressive package we’ve ever put together" in hopes of luring Amazon.com to put its second headquarters in the Kansas City area.
Tax revenue flowing into state coffers in August came in nearly $8.2 million above official estimates, the Kansas Department of Revenue reported Friday. All told, Kansas collected $452.1 million in tax revenue in August. That's $33 million more than the state collected in the same month last year.
The Kansas economy shrank at an annual rate of 0.7 percent in the first quarter of 2017, all while the national economy was growing at a pace of 1.2 percent.
The seasonally adjusted unemployment rate held steady at 3.7 percent as the state lost 3,500 jobs over the month and 4,000 jobs since June 2016. It was the third consecutive month of job losses as the size of the state's labor force continued to shrink.
The Kansas Department of Labor said the state continued to lose jobs in May as the size of the labor force continued to shrink. The state's unemployment rate held steady at 3.7 percent.
The Kansas economy added more jobs than expected in March, lowering the state's unemployment rate to 3.8 percent. Most of the new jobs were in the retail trade industry. The manufacturing sector continued to lose jobs.