(Embargoed until January 19, 2018) Summary · Statistics; Current Employment Statistics (CES) ......
Transcript of (Embargoed until January 19, 2018) Summary · Statistics; Current Employment Statistics (CES) ......
For more information, contact:
Barbara Hersh
Marketing and Comm. Director
401 S.W. Topeka Blvd
Topeka, KS 66603
Phone: 785-296-0901
Fax: 785-296-0753
Review and Analysis for December 2017(Embargoed until January 19, 2018)
Summary
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November nonfarm job estimates were revised downward by 100 jobs from 1,411,600 to 1,411,500. Private
sector jobs were revised downward by 200 jobs from 1,156,200 to 1,156,000. Estimates are seasonally
adjusted.
Kansas gained 5,300 jobs over the month. Over the past 12 months, the number of nonfarm jobs increased
by 6,300 jobs. Estimates are seasonally adjusted.
The private sector gained 5,200 jobs over the month, or 0.4%. The largest gains were in Leisure and
Hospitality (+3,200), Construction (+1,600), and Professional and Business Services (+1,100). Over the past
12 months, the private sector gained 8,000 jobs. Estimates are seasonally adjusted.
Average weekly hours worked in the private sector increased over the year from 33.8 hours to 34.1 hours in
December 2017. Average nominal hourly earnings increased by $0.53 to $23.58 (+2.3%). Average nominal
weekly earnings increased by $24.99 (+3.2%) over the past 12 months. Estimates are not seasonally adjusted.
In December the labor force decreased by 4,899, the pool of unemployed decreased by 1,809 and
employment decreased by 3,090. Estimates are seasonally adjusted.
The unemployment rate fell by 0.1 percentage point to 3.4% in December. Estimates are seasonally adjusted.
Over the past 12 months, initial claims decreased by 4,111 and continued claims decreased by 18,169 (these
numbers include all programs). The number of individuals receiving unemployment insurance benefits
decreased by 3,294 over the year. Average duration of benefit receipt did not change over the past 12
months. Estimates are not seasonally adjusted.
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-1,000
-600
-400
0
100
100
300
900
1,100
1,600
3,200
5,200
-2,000 -1,000 0 1,000 2,000 3,000 4,000 5,000 6,000
Manufacturing
Education and Health Services
Financial Activities
Information
GOVERNMENT
Mining and Logging
Other Services
Trade, Transportation and Utilities
Professional and Business Services
Construction
Leisure and Hospitality
TOTAL PRIVATE
Over-the-Month Job Gain/Loss
Over-the-Month Change in Employment (seasonally adjusted)Kansas
December 2017
Total Nonfarm employment increased by 5,300 jobs in December 2017.
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)
Seven of the 11 major sectors gained jobs over the month while three lost jobs.
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December
2017 Absolute Percent Absolute Percent
TOTAL NONFARM 1,428,300 -700 0.0% 10,000 0.7%
GOVERNMENT 262,700 -1,200 -0.5% -100 0.0%
TOTAL PRIVATE 1,165,600 500 0.0% 10,100 0.9%
GOODS-PRODUCING 229,600 -1,900 -0.8% 2,800 1.2%
Mining and Logging 7,300 100 1.4% 600 9.0%
Construction 62,600 -1,300 -2.0% 3,900 6.6%
Manufacturing 159,700 -700 -0.4% -1,700 -1.1%
PRIVATE SERVICE-PROVIDING 936,000 2,400 0.3% 7,300 0.8%
Trade, Transportation and Utilities 269,900 1,800 0.7% -800 -0.3%
Information 19,600 200 1.0% -1,000 -4.9%
Financial Activities 86,300 -200 -0.2% 500 0.6%
Professional and Business Services 183,300 -500 -0.3% 3,800 2.1%
Education and Health Services 199,700 -400 -0.2% 2,400 1.2%
Leisure and Hospitality 126,100 1,400 1.1% 1,800 1.4%
Other Services 51,100 100 0.2% 600 1.2%
Industries in green added the most jobs over the year, and industries in red lost the most jobs over the year.
Nonfarm job statistics on subsectors will be furnished upon request.
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment
Statistics (CES)
December 2017 Not Seasonally Adjusted Nonfarm Jobs
Place of Work Data
Month Change 12 Month Change
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126,000,000
128,000,000
130,000,000
132,000,000
134,000,000
136,000,000
138,000,000
140,000,000
142,000,000
144,000,000
146,000,000
148,000,000
1,260,000
1,280,000
1,300,000
1,320,000
1,340,000
1,360,000
1,380,000
1,400,000
1,420,000
1,440,000
1,460,000
1,480,000D
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U.S
. N
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Month-Year
Nonfarm JobsKansas and U.S.
December 2012 to December 2017
Kansas Jobs Kansas Jobs (Seasonally Adjusted) U.S. Jobs (Seasonally Adjusted)
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)
Over-the-Year Percent Change in Jobs, Not Seasonally Adjusted (KS) +0.7%Over-the-Year Percent Change in Jobs, Not Seasonally Adjusted (US) +1.5%
Kansas job gains continued in December. Most of this growth was in the private sector, with the largest increase in Leisure and Hospitality jobs.
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(6,000)
(5,000)
(4,000)
(3,000)
(2,000)
(1,000)
-
1,000
2,000
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Ch
an
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n E
mp
loym
en
t
Month-Year
Over-the-Month Change in Private Sector JobsNot Seasonally Adjusted
KansasDecember 2008 - December 2017
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)
Average of prior 10 years: -1,700 jobs
For the past ten years, the number of private sector jobs in Kansas has typically decreased in December. The increase this year is above the December average job gain for the past ten years.
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-0.5
%
-0.2
%
0.0
% 0.2
%
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%
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%
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%
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%
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%
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%
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%
0.9
%
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%
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%
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%
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%
1.6%
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1.0%
1.8%
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%
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%
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%
1.2%
1.8%
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%
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%
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%
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%
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%
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%
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%
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%
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%
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%
-2.5%
-2.0%
-1.5%
-1.0%
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Perc
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Month-Year
Over-the-Year Change in Private Sector Jobs, Total Hours Worked, and Real Hourly EarningsNot Seasonally Adjusted
KansasDecember 2016 to December 2017
Jobs Total Hours Worked Real Hourly Earnings
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)
An increase in average weekly hours and the number of private sector jobs in Kansas contributed to an increase in total hours of labor compared to one year ago. Real average hourly earnings also improved over the year, increasing by 0.6%.
HOUSEHOLD DATA
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• The labor force decreased by a net of 4,899 individuals to a total of 1,482,444 participants over the
month. Estimates are seasonally adjusted.
• Employment decreased by a net of 3,090 individuals to 1,431,994 over the month. Estimates are
seasonally adjusted.
• The pool of the unemployed decreased by a net of 1,809 individuals to 50,450 over the month.
Estimates are seasonally adjusted.
• The unemployment rate fell to 3.4% in December. Estimates are seasonally adjusted. The revised
unemployment rate for November remained at 3.5%.
• Over the last 12 months the unemployment rate fell from 4.3% in December 2016 to 3.4% in December
2017. Estimates are seasonally adjusted.
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2.5
3.0
3.5
4.0
4.5
5.0
5.5
6.0
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Jan
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Dec
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Jan
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Un
em
plo
ym
en
t R
ate
(%
)
Dec-
14
Jan-
15
Feb-
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Mar
-15
Apr-
15
May
-15
Jun-
15
Jul-
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Aug
-15
Sep-
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Oct-
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Nov
-15
Dec-
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Jan-
16
Feb-
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Mar
-16
Apr-
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May
-16
Jun-
16
Jul-
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Aug
-16
Sep-
16
Oct-
16
Nov
-16
Dec-
16
Jan-
17
Feb-
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Mar
-17
Apr-
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May
-17
Jun-
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Aug
-17
Sep-
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Nov
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Dec-
17
U.S. 5.4 6.1 5.8 5.6 5.1 5.3 5.5 5.6 5.2 4.9 4.8 4.8 4.8 5.3 5.2 5.1 4.7 4.5 5.1 5.1 5.0 4.8 4.7 4.4 4.5 5.1 4.9 4.6 4.1 4.1 4.5 4.6 4.5 4.1 3.9 3.9 3.9
Kansas 3.8 4.8 4.6 4.5 4.2 4.3 4.6 4.7 4.2 3.7 3.7 3.6 3.6 4.3 4.2 4.2 3.8 3.9 4.5 4.8 4.6 4.1 4.0 3.8 3.8 4.3 4.1 3.7 3.5 3.7 4.0 4.3 4.1 3.4 3.0 3.2 3.0
U.S. SA 5.6 5.7 5.5 5.4 5.4 5.5 5.3 5.2 5.1 5.0 5.0 5.0 5.0 4.9 4.9 5.0 5.0 4.7 4.9 4.9 4.9 4.9 4.8 4.6 4.7 4.8 4.7 4.5 4.4 4.3 4.4 4.3 4.4 4.2 4.1 4.1 4.1
Kansas SA 4.3 4.3 4.3 4.4 4.3 4.3 4.3 4.2 4.2 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.2 4.2 4.3 4.3 4.3 4.3 4.3 4.1 4.0 3.8 3.7 3.7 3.7 3.7 3.9 3.8 3.6 3.5 3.4
Unemployment RateKansas and U.S.
December 2014 - December 2017
Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Local Area Unemployment Statistics (LAUS)
The unemployment rate in Kansas continued its downward trend to 3.4 percent in December.
9
UNEMPLOYMENT INSURANCE
CLAIMSEstimates are not seasonally adjusted
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• Over the year, initial claims decreased by 4,111 and continued claims decreased by 18,169 claims
(these numbers include all programs). Estimates are not seasonally adjusted.
• The number of individuals receiving unemployment insurance benefits increased by 1,726 over
the month, and decreased by 3,294 from December 2016.
• Average duration of benefit increased 0.1 week over the month and did not change over the past
12 months to 11.2 weeks. (average duration is measured with a 12 month moving average).
11
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000Ja
n
Jan
Jan
Jan
Feb
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Ap
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v
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Dec
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Dec
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Nu
mb
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ims
Month
Weekly Initial Claims (4-Week Moving Average)Kansas
2007, 2016, and 2017
2007 2016 2017
Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics Each data point represents an average of initial claims for the current week and three preceding weeks.
The average number of weekly initial claims increased in the last few weeks of the year as expected but remained below last year and 2007 levels.
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0
5,000
10,000
15,000
20,000
25,000Ja
n
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Ap
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Oct
Oct
No
v
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No
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No
v
Dec
Dec
Dec
Dec
Dec
Nu
mb
er
of
Cla
ims
Month
Weekly Continued Claims (4-Week Moving Average)Kansas
2007, 2016, 2017
2007 2016 2017
Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics Each data point represents an average of continued claims for the current week and three preceding weeks.
The average number of continued claims increased above the 10,000 mark in the last two weeks of the year but remains low compared to previous years.
13
Dec-1614,594
Dec-1711,300
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Nu
mb
er
of
Ind
ivid
uals
Month
Number of Individuals Receiving Unemployment Insurance BenefitsKansas
December 2012 to December 2017
Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics
Claimants Average Duration (Weeks)December 2017 11,300 11.2November 2017 9,574 11.1December 2016 14,594 11.2
OTM Change +1,726 +0.1OTY Change -3,294 0.0
The number of individuals receiving benefits continues to post over the year declines. The average duration of benefits was largely unchanged.