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Archive for Monday, August 19, 2013

Kansas unemployment rate increases for third straight month

August 19, 2013

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— The seasonally adjusted unemployment rate in Kansas increased for the third straight month in July to 5.9 percent, which is the highest rate this year.

The rate has increased from May's 5.7 percent and June's 5.8 percent.

"Part of the reason of increases in the previous months was due to more individuals entering the labor force," said Kansas Department of Labor Secretary Lana Gordon.

The Labor Department reported that 800 private-sector jobs were gained over the month, and 23,300 over the year.

"The number of jobs created over the year is encouraging,” said Efua Afful, a labor economist with the department. “Over the month, the private sector gained some jobs but did not perform as well as expected," Afful said.

Three major industries reported over-the-month job losses. Government lost 18,900 jobs, principally seasonal at the local level; manufacturing lost 1,900 jobs; and the education and health services sector lost 800 jobs, the department reported.

Comments

Steven Gaudreau 8 months ago

I fail to understand how Brownback negating corporate tax for the 2013 tax year has had any impact today since these taxes would not have been paid until 2014. Businesses are just now paying 2012 taxes since the majority of corps file tax extensions.

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Edward Coan 8 months ago

And the current house and senate.

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In_God_we_trust 8 months ago

The entire nation is sick financially and with bad real unemployment. The State has little to do with a nation wide unemployment mess. It has more to do with the current administration in Washington D.C.

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Edward Coan 8 months ago

So much for Brownback's campaign promise to get people back to work.

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Sherry Warren 8 months ago

Top 10 when there are close to 200 nations still seems pretty high up there to me.

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Larry Moss 8 months ago

If we pass my $780 billion stimulus package unemployment will drop to 5.8% by this time next year. 5 years later, money spent somewhere and unemployment is still 7.5%.

Kansas is doing better than most but, the Obama administrations spending, taxing and regulation policies are draining any momentum the States can mount.

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consumer1 8 months ago

Yeah this unemployment rate is really spiraling downward. It is amazing how long the effects of the Last Democratic Govenor last.

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jafs 8 months ago

You know, the Laffer curve doesn't mean what many think it means.

First, it's an idea for maximizing tax revenue, not stimulating growth - Laffer himself has said it doesn't do that.

Next, it postulates that there's an optimal point on the curve of tax rates at which tax revenue will be maximized, because if you raise rates above that point, it will discourage productivity. This is a common sense idea with some merit - imagine tax rates of 100%.

But, it's also common sense that lowering rates isn't always the way to go either - imagine a 0% tax rate, which would provide no tax revenue.

The real question is where the point is on the curve, and where we are relative to that.

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Steven Gaudreau 8 months ago

Obama + Brownback = Failure. Enough said.

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JayhawkFan1985 8 months ago

Where is our good friend from the Kansas policy institute to tell us just as Kevin bacon did in Animal House,"all is well...remain calm."

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JayhawkFan1985 8 months ago

Brownbackinomics = FAILURE. Enough said.

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Robert Burnham 8 months ago

If all of you posters ACTUALLY had to pay taxes, you probably wouldn't be bad mouthing Brownback...as KANSASBOB says, you don't like here, get the F out! Move to Missouri, or France or wherever, you don't like the politics in this state or this country, get the F out!

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jhawkinsf 8 months ago

Unemployment rose last month in 28 states, remained the same in 14 states and fell in 8 states. Kansas doesn't seem to be bucking any significant trend here.

But I'm sure there are a thousand different ways to look at the numbers, red states are doing this, blue states are doing that. Everyone can see what they want to see and ignore what they want to ignore.

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oneeye_wilbur 8 months ago

Don't be surprised when local companies detail layoffs this fall.

The city, county and school district won't care because property taxes continue to collected on empty apts, house, ad commercial properties. Be prepared workers.

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Bob_Keeshan 8 months ago

Kathleen Sebelius vs. Sam Brownback, all stats courtesy of Lana Gordon's Kansas Department of Labor Labor Information Center.

Comparing Sebelius in July, 2003 to Brownback in July, 2013:

Unemployed Kansans in Sebelius year 3, July -- 74,297 or 5.1%, approximately 7,400 fewer than one year before

Unemployed Kansans in Brownback year 3, July -- 87,423, or 5.9%, approximately 500 more than the year before.

Year to year job growth?

Sebelius -- 11,600 more jobs in July of year 3 than prior year

Brownback -- 3,500 more jobs in July of year 3 than prior year

Is that economic whiz kids enough? Somebody has created 8,000 fewer jobs than his Dem predecessor did.

Brownback likes to hang the phrase "The Lost Decade" on Sebelius. What does that make his 3 years in office?

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Steven Gaudreau 8 months ago

Chuck, you should also let the whiz kids know the corp tax cuts take place for 2013 sales and will not be realized until 2014 when taxes are paid so the tax break will have no effect on the bottom line until 2014 and has nothing to do with today's employment numbers.

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ChuckFInster 8 months ago

While the economic whiz kids are attempting to show off their knowledge of the job market here are a couple facts. Current National Unemployment 7.4%. In a healthy economy the unemployment rate is around 5%. Here's a tricky question, which is closer to a healthy economy 5.9% or 7.4% ?

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kansas_cynic 8 months ago

I just love brownies tax cut plan that is creating all these new jobs. The unemployment rate increase is just a lie posted by main stream media.

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cowboy 8 months ago

Thats a real Laffer , get it ?

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Jujubeee 8 months ago

Kansas' 5.9% is still better than the national average of 7.4%.

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ksangel1 8 months ago

I guess all those newly unemployed Kansan's can pay the corporations share of income taxes which Brownback passed off as one of the best tax plans in the US. Kansans now pay the 6th highest tax rate in the Nation. Pitiful to say the least.

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ksangel1 8 months ago

So, tax cuts to KS Corporations aren't creating new jobs like Brownbackistan said they would?!?!?!?

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jafs 8 months ago

I'm having a little trouble understanding the net effect of losing almost 19,000 jobs in one month.

Doesn't that cut into the overall job gains for the year? If you add up the gains and subtract the losses, you get 1700 net jobs gained over the last year, right?

If so, it's not much to be excited about, although it's better than net losses, of course.

Also, I wonder about people leaving KS - if we have a bunch of those, that will tend to decrease unemployment rates, but isn't necessarily an overall positive thing.

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Scut Farkus 8 months ago

Republican trickle down economics at work.

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seagull 8 months ago

Can't wait to hear how Brownback spins this.

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orbiter 8 months ago

Can't wait until Brownback opens those floodgates he's been designing for the economy! It's gonna be great!

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Steve Jacob 8 months ago

While less government spending is fine, it results in people losing jobs. And the jobs cutting taxes create take a long time. The 1,900 manufacturing lost in an improving economy is not good.

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Dan Rose 8 months ago

It means more people (i.e. students, etc.) have made themselves available TO work, not that there were jobs that were filled. 800 new jobs created, no mention of vacant spots, but that's where the stats come from.

FYI

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George_Braziller 8 months ago

Hmmmmmmm. I'm thinking we're going to be hearing more of this in the next few months when the reality of Brownback's tax plan becomes apparent.. Gee, just didn't work out as well as we hoped.

"The number of jobs created over the year is encouraging,” said Efua Afful, a labor economist with the department. “Over the month, the private sector gained some jobs but did not perform as well as expected," Afful said.

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thinkagain 8 months ago

What does this mean? "Part of the reason of increases in the previous months was due to more individuals entering the labor force," said Kansas Department of Labor Secretary Lana Gordon.

If there were more individuals entering the labor force, the unemployment rate would go down. Perhaps there needs to be more focus on the math skills of Kansas Department Secretaries.

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chicago95 8 months ago

How can anyone spin this report as anything other than pitiful? And if the rates are seasonally adjusted, why were losses affected by seasonal local government employment?

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tolawdjk 8 months ago

So what sector were these 800 created in?

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