Report: Kansas economy growing slower than nation

state-flag-kansas

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16×9&auto_next=1&auto_start=1&div_id=videoplayer-1380293471&height=480&page_count=5&pf_id=9622&show_title=1&va_id=4381606&width=640&windows=1 service=syndicaster width=640 height=480 div_id=videoplayer-1380293471 type=script]

WICHITA, Kan. (AP) — A Wichita State University research center says the Kansas economy is growing at a slower rate than the nation’s economy overall.

The Center for Economic Development and Business Research forecast in a report released Thursday that next year’s nonfarm employment growth will be 1.4 percent, a gain of 19,000 jobs.

It says the number of jobs in Kansas has grown 1 percent so far this year and has not kept up with the growth in the state’s labor force. The Kansas unemployment rate rose to 5.9 percent in August.

The largest growth forecast for 2014 is expected to be in the service sectors. Education and health services are expected to add 4,254 jobs.

No Kansas industry is expected to reduce employment, but government jobs will lag behind overall job growth.

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