Metro Employment Stats

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earthling
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Metro Employment Stats

Post by earthling » Tue Apr 11, 2017 11:20 am

The tide is changing as MO side of KC metro has been growing jobs at a faster rate than KS side lately. From Feb 2016 to 2017 MO side of KC metro added over 23K jobs (4% increase) while KS side added only 4500 (1% increase).

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Though KS side is growing more establishments/wages than MO side while MO side growing more jobs.
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https://www.bls.gov/regions/mountain-pl ... _table.htm

kboish
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Re: Metro Employment Stats

Post by kboish » Tue Apr 11, 2017 11:50 am

What does number of establishments mean? Number of businesses?

earthling
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Re: Metro Employment Stats

Post by earthling » Tue Apr 11, 2017 11:51 am

Essentially yes, that represent the employment base in next column. So KS side probably has more small startups representing lower employment boost. MO side employment boost likely mostly from existing biz.
Last edited by earthling on Tue Apr 11, 2017 11:59 am, edited 1 time in total.

kboish
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Re: Metro Employment Stats

Post by kboish » Tue Apr 11, 2017 11:59 am

Or simply an influx of LLC filings to take advantage of tax loopholes?

earthling
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Re: Metro Employment Stats

Post by earthling » Tue Apr 11, 2017 11:59 am

Could be.

Also note that Pro Biz was the largest raw category increase, and by far on the MO side of metro. MO side added 7300 Pro Biz jobs (8%) while KS side added only 900 (1%). In the 90s and 00s, KS side was growing ProBiz at a faster rate than MO side.

earthling
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Re: Metro Employment Stats

Post by earthling » Fri May 19, 2017 11:22 am

The MO side of metro is expanding lead past KS side lately with overall employment growth.

KS side added 51K jobs since 2010, MO side added nearly 90K jobs since 2010.

MO side of metro overall employment over last 10 years...
https://data.bls.gov/timeseries/SMU2992 ... raphs=true

KS side of metro overall employment...
https://data.bls.gov/timeseries/SMU2092 ... raphs=true

Pro Biz Services jobs on MO side shooting up...
https://data.bls.gov/timeseries/SMU2992 ... raphs=true

KS side was doing great early 2010s but not gaining last few years with Pro Biz jobs...
https://data.bls.gov/timeseries/SMU2092 ... raphs=true

https://www.bls.gov/regions/mountain-pl ... _table.htm

earthling
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Re: Metro Employment Stats

Post by earthling » Thu Aug 17, 2017 9:49 am

As of June 2017..

MO side of KC metro slowing a bit but still net added 20K jobs from June 2016-2017
https://data.bls.gov/timeseries/SMU2992 ... raphs=true

KS side of metro adding only 4K jobs same period...
https://data.bls.gov/timeseries/SMU2092 ... raphs=true

White Collar Pro Biz Services jobs is where MO side is excelling at over 11% gain, way above US avg of 3.1%. More here...
https://www.bls.gov/regions/mountain-pl ... _table.htm

earthling
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Re: Metro Employment Stats

Post by earthling » Wed Nov 22, 2017 11:56 am

Some interesting county level stats...

WyCo took a hard job hit last 2 decades but having a nice return this decade, employment growing faster than labor force...
https://data.bls.gov/timeseries/LAUCN20 ... raphs=true

JaxCo employment also growing faster than labor force this decade...
https://data.bls.gov/timeseries/LAUCN29 ... raphs=true

JoCo chugging along as normal...
https://data.bls.gov/timeseries/LAUCN20 ... raphs=true

MO side of metro outpacing KS side with job growth last few years...
MO: https://data.bls.gov/timeseries/SMU2992 ... raphs=true
KS: https://data.bls.gov/timeseries/SMU2092 ... raphs=true

Full stats here...
https://www.bls.gov/regions/mountain-pl ... _table.htm

earthling
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Re: Metro Employment Stats

Post by earthling » Fri Dec 22, 2017 2:32 pm

KC metro Pro Biz Services employment continues to shoot up, higher rate than US avg and up there with hot markets...
https://data.bls.gov/timeseries/SMU2928 ... raphs=true

Financial firms bumping up too...
https://data.bls.gov/timeseries/SMU2928 ... raphs=true

And Bank of America is planning to boost KC presence even with other banks moving into KC, a confidence in future economic growth.
https://www.bizjournals.com/kansascity/ ... rowth.html
We feel that Kansas City is one of the cities we’re in across the country that is poised for economic expansion,” Jankowitz said. “So we’re looking for people to staff our banking centers, personal bankers, financial advisers and commercial lenders.
Bank of America also has been placing financial advisers from Merrill Lynch inside its area branches and is providing personal bankers and financial solutions providers who can help clients with less than $250,000 in net worth plan for retirement.

“If you want to see what the banking center of the future is going to look like for Bank of America, go to our location in Liberty,” Jankowitz said. All of the bank's locations in the Kansas City area eventually will be modernized to look more like the Liberty location, he said.

earthling
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Re: Metro Employment Stats

Post by earthling » Sun Nov 04, 2018 5:38 pm

After several years of MO side of KC metro gaining more jobs of KS side of metro, the KS side has been gaining more jobs overall lately.

KS side gaining more Pro Biz services, Trade/Transportation Utilities, MO side gaining more Construction, Govt and Hospitality jobs.

Lots of other stats by county..
https://www.bls.gov/regions/mountain-pl ... _table.htm

earthling
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Re: Metro Employment Stats

Post by earthling » Fri Jul 19, 2019 12:31 pm

KC Metro Professional Biz Services employment hit 200K for the first time, per capita higher than rest of Midwest and more comparable to hot cities % wise like DFW/ATL.
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Last two decades KS side had most of ProBiz services jobs but this decade MO side of metro slightly higher overall...
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KS Side of metro...
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STL metro in comparison is only 220K even though almost 1/3 larger than KC metro.
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https://data.bls.gov/PDQWeb/sm

earthling
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Re: Metro Employment Stats

Post by earthling » Fri Jul 19, 2019 12:43 pm

Half of KC's metro Pro/Biz employment is Scientific and Technical Services, over 100K of the 200K above post, also higher than rest of midwest per capita and more comparable to hot markets.
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The MO side of KC metro has most of the sci/tech jobs and growth...
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KS side of metro, growth slowed last few years...
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STL metro in comparison only has about 86K sci/tech jobs compared to KC's 100K.
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Source: https://data.bls.gov/PDQWeb/sm

earthling
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Re: Metro Employment Stats

Post by earthling » Fri Jul 19, 2019 12:48 pm

Put another way, nearly 10% of KC metro employment is in Sci/Tech services, likely to exceed 10% next several years given one of faster growth segments. Not as high as Austin but comparable to Denver, higher than DFW/ATL % wise and rest of Midwest.

KC Telcom jobs took a big hit last two decades though due to Sprint demise, which is in another category.

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