Economy

KC topics that don't fit anywhere else.
User avatar
normalthings
Oak Tower
Oak Tower
Posts: 4504
Joined: Mon Mar 30, 2015 9:52 pm

Re: Economy

Post by normalthings »

earthling wrote:
Wed Jan 27, 2021 10:53 am
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.

Image
https://www.bls.gov/eag/eag.mo_kansascity_msa.htm
Previous data got revised by alot

earthling
One Park Place
One Park Place
Posts: 6507
Joined: Sun Sep 11, 2011 2:27 pm

Re: Economy

Post by 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.

Image

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

earthling
One Park Place
One Park Place
Posts: 6507
Joined: Sun Sep 11, 2011 2:27 pm

Re: Economy

Post by 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.
Image

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

STL - down to 2014/15 level.
Image

Post Reply