Economy

[normalthings]

Dec 2020 BLS employment data for KC metro. Down only 2.8% over a year now, much better than US average. Big improvement in Pro Services. Leisure/Hospitality still struggling but better than US avg.


https://www.bls.gov/eag/eag.mo_kansascity_msa.htm

Previous data got revised by alot

[earthling]

^The Jan data is always the most accurate as it's based on W2's, etc. and the other months are based on estimates. I've been following BLS data for 20 years and have not seen this much backtrack correction for some categories, though metro totals aren't significantly off so wonder if they also corrected previous year given odd % changes. Construction data way off, I thought that seemed high late last year.



https://www.bls.gov/eag/eag.mo_kansascity_msa.htm

[earthling]

Here's the 10 year comparison of overall employment up to Jan 2021 with revisions.

National - Hovering around 2017 level. Many of the temp lost jobs have returned but continuing unemployment claims each week now offsetting any job returns.


KC - Now showing worse than US avg, down to 2016 level after revision.


STL - down to 2014/15 level.