Skip to content

KC Employment Growth Focused on Service Sector

May 7, 2013

by Jeff Pinkerton

Professional business services, financial services and leisure-hospitality are the employment sectors with the most local job growth over the past year. In fact, these were the only three sectors in the Kansas City area to see employment gains in the year ending March 2013.

The infographic on the right provides a more detailed and graphical look at employment change by industry in the region.Employment By Industry Infographic May 2013

Industry-specific data is not seasonally adjusted, so to provide a realistic comparison we need to look at employment change on a year-over-year basis.

Some of the trends are reflective of long-term realities. The information industry, for instance, is one that has experienced employment decline both locally and nationally for years.

Other trends are more likely short-term. As we have noted before, we expect to see employment in construction to finally begin to take a turn for the better in the next few months, as the housing market is showing signs of a comeback.

Additionally, we recently received great manufacturing employment news, as both GM and Ford announced commitments to add thousands to the local workforce. It will take some time for the two plants to build and expand their facilities, so we may not see these new manufacturing jobs immediately. But we know that our local manufacturing sector — and the region’s overall employment base — will receive a shot in the arm in the not-too-distant future.

More detailed workforce data is always available at kcworkforce.com. There you can also subscribe to our monthly workforce newsletter to get the latest employment data as soon as it is available.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: