Local employment forecast
Last week more than 600 people showed up for the Wichita State University Area Economic Outlook Conference … releasing projections for 2013. W-S-U’s Center for Economic Development and Business Research expects Wichita area businesses to add just under 5,000 new jobs next year … a 1.7% increase over this year.
The biggest bump in hiring is projected for business services, a broad category that includes everything from janitors to research scientists.
The Kansas unemployment rate in August was 6.2% … trending downward over the past year. The Wichita area jobless rate was 7.3% … below the national figure … and down from 8.3% a year ago August. At last report, there were about 282,000 people working in the Wichita area.
Political campaigns over the past couple of years have focused on jobs and how we can create more of them. The figures I’ve shared with you seem to indicate that the state and local employment pictures are getting better … but it’s been a really slow improvement.
Our thought for today is from Cato the Elder:
“Patience is the greatest of all virtues.”