KC metro JOBS (general KC economy thread)

[earthling]

The Biz Journal tracks new businesses and transfers of licenses and KC metro has jumped last few months, adding nearly 1000 new biz/orgs per month lately. What's interesting is that there are a lot of construction related businesses starting up or changing hands. A good chunk of others are incorporated downtown too, though some appear to be through a law office.

http://www.bizjournals.com/kansascity/s ... ch-button=

Examples...

Company: Zorilla Research LLC, First: Ada, Last: Solidar, Address: 200 E. 43rd St. Unit 305, City: Kansas City, State: MO, Zip: 64111, Rec Date: 2013-08-06, Jurisdiction: Jackson County
Company: Hill Investments LLC, Address: 2345 Grand Blvd. Suite 2400, City: Kansas City, State: MO, Zip: 64108, Rec Date: 2013-08-08, Jurisdiction: Jackson County
Company: Quixotic Entertainment LLC, First: Scott, Last: Kaiser, Address: 2555 Grand Blvd., City: Kansas City, State: MO, Zip: 64108, Rec Date: 2013-08-07, Jurisdiction: Jackson County
Company: Max Health LLC, First: Michael, Last: Nigro, Address: 2600 Grand Suite 440, City: Kansas City, State: MO, Zip: 64108, Rec Date: 2013-08-05, Jurisdiction: Jackson County
Company: Martinez Flooring LLC, First: Maria, Last: Herrera, Address: 2919 Holly St., City: Kansas City, State: MO, Zip: 64108, Rec Date: 2013-08-05, Jurisdiction: Jackson County
Company: The Melanoma Research Foundation, First: Elle, Last: Steadman, Address: 310 W. 20th St. Suite 300, City: Kansas City, State: MO, Zip: 64108, Rec Date: 2013-08-05, Jurisdiction: Jackson County
Company: The Delaware Street Community Association LLC, First: Sue, Last: Ingalls, Address: 500 Delaware, City: Kansas City, State: MO, Zip: 64105, Rec Date: 2013-08-06, Jurisdiction: Jackson County

Good to see that Delaware St in River Market started a community association. Quixotic also formally incorporated.

[earthling]

double post

[flyingember]

the construction business makes sense

think of how much work is coming with the dozen+ projects in downtown. it's a lucrative time to get in the door

[earthling]

On another note... >60% of new biz/orgs/licenses is on MO side of KC metro, <40% KS.

[earthling]

double post

[earthling]

KC hits a top 10 list for young job seekers...
http://www.businessinsider.com/10-best- ... -city-mo-4

Worst cities for young job seekers..
http://www.businessinsider.com/10-worst ... rs-2013-10

[earthling]

Oct job data is out. The Feds claim KC metro unemployment improved to 5.7% compared to 7% US avg but still not good news across the board. There are two methodologies and the one that methinks tells more accurate story is the report by employers, not labor force. These graphs show October employment over 10 years as reported by employers.

Source: http://www.bls.gov/eag/eag.mo_kansascity_msa.htm

KC Total employment nearly back to 2007/8 peak.


KC is doing well with white collar and service industry jobs..

Service industry jobs continue to improve though not like last year..


KC is performing best with white collar jobs - added over 40K pro biz services jobs over last 10 years (compared to 13K in STL and % on par with DEN/MSP)...


Construction jobs starting to show slightly bigger jump, should really take off next year as many new projects kick into gear...


Finance and Health jobs having never been hit hard but still rising slowly.

Manufacturing jobs just showing slight improvement but just can't get out of lull..


Govt jobs still dumping the most last few years, partly preventing KC from being up there with hot job markets..


Other areas not mentioned generally flat to steady increases lately. Where KC has it going on is with pro biz/tech/sci income. 2013 numbers not out yet but in 2012 KC ranked 21st, topping STL and other larger markets in total earnings.

http://www.bea.gov/iTable/drilldown.cfm ... 1&nRange=5

Edit: More curious stats. Checked KCMO side growth vs metro and if factoring private sector jobs only, KCMO jobs grew 4.5% between Jan and Oct and metro grew by 3.7% (including KCMO) - so KCMO is growing jobs at greater rate. But if factoring govt/public sector jobs too, KCMO side growth came in a bit lower than metro.

[earthling]

Ran across this, which shows employers across the metro. Is a bit dated and only shows employers with over 150 but indicates KCMO (across 3 counties) may have near 50% of metro employment - office space and employment stats also indicate it. One report said that over 70% of KC region on MO side work in KCMO.

[earthling]

KCI overhaul base attracts near 600 skilled labor jobs, nice end of year/winter solstice bonus. Could jump to 1000 and maybe higher as Seattle area is becoming very expensive to operate in.

http://www.kansascity.com/2013/12/20/47 ... nging.html

[kboish]

KCI overhaul base attracts near 600 skilled labor jobs, nice end of year/winter solstice bonus. Could jump to 1000 and maybe higher as Seattle area is becoming very expensive to operate in.

http://www.kansascity.com/2013/12/20/47 ... nging.html

No city tax incentives were part of the deal, and the state will be providing about $10 million in job training assistance.

This is great!

[flyingember]

No city tax incentives were part of the deal, and the state will be providing about $10 million in job training assistance.

This is great!

win-win-win!

business benefits from trained workers
state shows they have skilled workers to draw other businesses
workers gain a new skill to help get a better job

that's $16600 per person. that's not horrible for education cost when you add overhead in

[FangKC]

Job numbers great in Kansas — and maybe better in Missouri

Gov. Sam Brownback is expected to use the figures as evidence his tax cut program is working in the state. The BLS figures show Kansas has added 2,918 jobs since December 2012, the last month before the sweeping package of cuts took effect.

...

Missouri, for example, added 31,240 jobs over the same December 2012 to November 2013 time frame, more than ten times as many jobs as Kansas. Missouri declined to enact tax cuts similar to those in Kansas.

http://www.kansascity.com/2013/12/20/47 ... s-and.html

[earthling]

The MO side is getting its MOjo back...

The Missouri side of the Kansas City accounted for 56 percent of the workforce and added 10,700 jobs over the 12 months. The Kansas side of the metro, with 44 percent of the jobs, gained 2,700 jobs over the period.

http://www.kansascity.com/2014/01/07/47 ... -grew.html

With all the effort (and taxpayer waste) KS puts into stealing MO side jobs, it only gained about a quarter what MO gained.

[flyingember]

The MO side is getting its MOjo back...

The Missouri side of the Kansas City accounted for 56 percent of the workforce and added 10,700 jobs over the 12 months. The Kansas side of the metro, with 44 percent of the jobs, gained 2,700 jobs over the period.

http://www.kansascity.com/2014/01/07/47 ... -grew.html

With all the effort (and taxpayer waste) KS puts into stealing MO side jobs, it only gained about a quarter what MO gained.

adjusted for population MO came out 2x ahead

[bobbyhawks]

The MO side is getting its MOjo back...

The Missouri side of the Kansas City accounted for 56 percent of the workforce and added 10,700 jobs over the 12 months. The Kansas side of the metro, with 44 percent of the jobs, gained 2,700 jobs over the period.

http://www.kansascity.com/2014/01/07/47 ... -grew.html

With all the effort (and taxpayer waste) KS puts into stealing MO side jobs, it only gained about a quarter what MO gained.

Missour wins the per capita battle as well. My very crude calculation has the jobs to state population ratio for Kansas at 0.94% with the ratio for Missouri at 1.7%.

[beautyfromashes]

So, why are we looking to sign a truce with Kansas. We've been heat down for decades now. It's time to beat back .

[KCMax]

So, why are we looking to sign a truce with Kansas. We've been heat down for decades now. It's time to beat back .

Its not a game anyone really wins.

Except for the companies.

[flyingember]

So, why are we looking to sign a truce with Kansas. We've been heat down for decades now. It's time to beat back .

I agree with the reply above mine

because we lose if we do so.

I'd rather lose a company and get $0 versus owing a company money

[earthling]

December wasn't a very good month nationwide and lost some of the gains through last year (is normal for Dec/Jan to be lowest of year) but KC still gained compared to last Dec. Actually the MO side did and KS dropped a bit from Dec 2012 to Dec 2013.

KC Metro last few Decembers...


MO side of KC metro added over 6K jobs since last Dec, significantly beating US avg. KCMO supposedly has over 85% of jobs on MO side, so near 50% of metro...


KS side of KC metro did better a couple years ago but actually lost a few hundred jobs compared to last Dec, despite stealing jobs from MO side...


And also, Govt jobs was one of KC's biggest problems but is finally showing a tad bit of growth. All sectors now show growth except for Transportation/Utilities category.

http://data.bls.gov/pdq/querytool.jsp?survey=sm

[flyingember]

MO side of KC metro added over 6K jobs since last Dec, significantly beating US avg. KCMO supposedly has over 85% of jobs on MO side, so near 50% of metro...

having seen where the jobs are in the region, I'd believe that KC has 85% of the MO side jobs. if you look at job listings enough you hardly notice them much east of the stadiums and these are mostly small business retail and service jobs or small businesses supporting them

somewhere I saw 55% in MO, 45% in KS. it probably bounces a bit off that. like cerner's campus will help MO in term of numbers