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Archive for Friday, December 21, 2012

Kansas jobless rate falls to 5.4 percent in November

December 21, 2012

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Ongoing federal negotiations about tax increases and spending cuts are keeping Kansas employers from making investments in their operations and hiring more workers, a top state business leader said Friday.

Kent Eckles, vice president of government relations for the Kansas Chamber of Commerce, said those federal pressures are weighing on the state, despite a drop in November’s jobless rate to a seasonally adjusted 5.4 percent.

“I think a lot of it’s due to the uncertainty with what’s going on in D.C. with the ‘fiscal cliff.’ Negotiations keep going on,” Eckles said. “Our members and private sector employers in Kansas are holding off on making hiring decisions and investment decisions because they don’t know what will happen.”

President Barack Obama and House Speaker John Boehner have been meeting off and on in recent weeks to avoid the so-called fiscal cliff of expiring tax cuts and automatic spending cuts that take effect Jan. 1.

Eckles said new Kansas tax cuts that also take effect in January could help mitigate any increases at the federal level. The new Kansas cuts will exempt some 191,000 businesses from paying individual income tax and reduce the rates for all individual income tax filers.

Still, the Kansas Department of Labor said the state jobless report continues to show positive signs. The November unemployment rate was 0.3 percent lower than it was in October and a full 1 percent better than November 2011.

Interim Labor Secretary Lana Gordon said the job market is moving in the right direction. Kansas added 1,100 private sector jobs in November and employers have increased payrolls by 4,900 jobs over the past year. The November decline was the third consecutive month that unemployment rates have dropped in Kansas.

The workforce has shown slight growth in recent months, standing at 1.49 million in November, up about 7,000 people since September.

On a county level, Wilson had the highest jobless rate in Kansas at 7.8 percent. The lowest rate was reported in Sheridan County in northwest Kansas at 2.3 percent.

Comments

Centerville 1 year, 12 months ago

Remember when the national u/e rate was 5.something and the liberal press went into full dudgeon? Oh, for more of that terrible situation nation-wide.

JackMcKee 1 year, 12 months ago

How about reporting how many jobs were actually created. If any jobs were created, how many were good jobs? Has the GDP of Kansas grown? How about tax revenues? Running people out of the state isn't progress.

Pal 1 year, 12 months ago

You must really be upset about the way Obama figures his BLS numbers.

Katara 1 year, 12 months ago

What is supposed to be the difference between a non-farm job and a private sector job? I've looked all over the DoL's site but am not finding a description as to what constitutes a non-farm job and what distinguishes it from a private sector job.

Centerville 1 year, 12 months ago

Check the want ads anywhere west of east Topeka. There is plenty of work to be had.

Liberty275 1 year, 12 months ago

That's great. Whoever is responsible, thank you.

Pal 1 year, 12 months ago

If the government hired everyone, unemployment would be 0%.

Why are they not doing this in Topeka? Brownback would surely be elected another term if he' hire everyone in the state.

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