Kansas City jobless rate at 6.2% in May
07/01/2014 11:21 AM
07/01/2014 7:35 PM
The unemployment rate for the Kansas City metropolitan area was 6.2 percent in May, compared with the 6.1 percent national average, not seasonally adjusted.
Over the last 12 months, metro area payroll employment has grown by 1,900 jobs, or 0.2 percent. Over the same period, national nonfarm jobs grew by 1.8 percent.
The U.S. Bureau of Labor Statistics said Tuesday that the Missouri side of the Kansas City area, representing 55 percent of the area’s workforce, accounted for nearly all the year-to-year job growth.
Despite the metro area’s less-than-average job market improvement, May represented the 44th straight month of the area’s over-the-year job gains, the bureau said.
The area’s job gains were concentrated in the leisure and hospitality sector. The bureau said the Missouri side of the metro area gained 3,500 jobs in that sector while the Kansas side lost 2,100.
Jobs in the business and professional services sector grew by 1,200 over the year, with all the growth on the Kansas side.
Net job losses in the metro area occurred in trade, transportation and utilities.
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