TOPEKA (KSNT) – The state’s October seasonally adjusted unemployment rate decreased slightly. It was 4.1 percent, down from 4.4 percent in September and decreased from 4.2 percent in October 2014.
Seasonally adjusted figures show Kansas gained 13,500 private sector jobs since last year, or 1.2 percent. Kansas nonfarm jobs increased by 10,900, or 0.8 percent, since October 2014.
Since last month, Kansas gained 2,700 seasonally adjusted private sector jobs, or 0.2 percent. The state gained 2,500 seasonally adjusted total nonfarm jobs since September 2015, or 0.2 pecent.
“The state’s unemployment rate continues to improve, falling to 4.1 percent in October,” said Kansas Secretary of Labor, Lana Gordon. “This is the lowest rate Kansas has recorded in more than 14 years.”
Not seasonally adjusted figures show Kansas gained 13,400 private sector jobs since last year, or 1.2 percent. Kansas nonfarm jobs increased by 10,900, a 0.8 percent increase since October 2014.
Since September, private sector jobs increased by 8,100, or 0.7 percent. The state gained 13,600 total nonfarm jobs over the month, or 1.0 percent.
“Last month’s preliminary estimate of 4,200 jobs added has been revised upward to reflect a gain of 8,000 private sector jobs in September. Preliminary estimates for October show an additional increase of 2,700 jobs, for a two-month gain of more than 10,000 jobs,” said Tyler Tenbrink, Senior Labor Economist, Kansas Department of Labor. “This growth is partly due to continued growth in construction jobs and retail trade. October marks the beginning of the retail hiring season as employers gear up for the holidays.”
The not seasonally adjusted unemployment rate in October was 3.7 percent, down from 3.8 percent in September and down from 3.9 percent one year ago.
There were 8,652 initial claims for unemployment benefits in October 2015, down from 10,993 in September and down from 11,175 in October 2014. There were 49,616 continued claims in October, down from 57,687 the previous month and down from 66,959 in October 2014.
Data provided is preliminary and subject to monthly revisions and annual benchmarks by the Bureau of Labor Statistics. Information on procedures for producing Local Area Unemployment Statistics (LAUS) estimates is available on the BLS website here. Procedures for producing Current Employment Statistics (CES) estimates are available on the BLS website here.
The November 2015 Labor Report will be released on Friday, December 18.