13
For more information, contact: Barbara Hersh Marketing and Comm. Director 401 S.W. Topeka Blvd Topeka, KS 66603 Phone: 785-296-0901 Fax: 785-296-0753 Review and Analysis for August 2018 (Embargoed until September 21, 2018) Summary 1 July nonfarm job estimates were revised upward by 100 jobs from 1,426,600 to 1,426,700. Private sector job estimates were revised down by 500 jobs from 1,168,200 to 1,167,700. Estimates are seasonally adjusted. Kansas gained 3,600 jobs over the month (a monthly average of 2,500 jobs over the last 3 months). Over the past 12 months, the number of nonfarm jobs increased by a total of 26,600 jobs. Estimates are seasonally adjusted. The private sector gained 300 jobs over the month, or 0.0%. The largest gains were in Construction (+800), Leisure and Hospitality (+500) and Financial Activities (+300). Over the past 12 months, the private sector gained 21,000 jobs. Estimates are seasonally adjusted. Average weekly hours worked in the private sector increased over the year from 34.2 hours to 34.4 hours in August 2018. Average nominal hourly earnings increased by $0.92 to $24.04 (+4.0%). Average nominal weekly earnings increased by $36.28 (+4.6%) over the past 12 months. Estimates are not seasonally adjusted. In August the labor force increased by 1,093, the pool of unemployed decreased by 676, and employment increased by 1,769. Estimates are seasonally adjusted. The unemployment rate fell from 3.4% to 3.3% over the month. Estimates are seasonally adjusted. Over the past 12 months, initial claims decreased by 3,947 and continued claims decreased by 12,653 (these numbers include all programs). The number of individuals receiving unemployment insurance benefits decreased by 5,090 over the year. Average duration of benefit receipt increased by 0.4 weeks over the past 12 months. Estimates are not seasonally adjusted.

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Page 1: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

For more information, contact:

Barbara Hersh

Marketing and Comm. Director

401 S.W. Topeka Blvd

Topeka, KS 66603

Phone: 785-296-0901

Fax: 785-296-0753

Review and Analysis for August 2018(Embargoed until September 21, 2018)

Summary

1

July nonfarm job estimates were revised upward by 100 jobs from 1,426,600 to 1,426,700. Private sector job

estimates were revised down by 500 jobs from 1,168,200 to 1,167,700. Estimates are seasonally adjusted.

Kansas gained 3,600 jobs over the month (a monthly average of 2,500 jobs over the last 3 months). Over

the past 12 months, the number of nonfarm jobs increased by a total of 26,600 jobs. Estimates are

seasonally adjusted.

The private sector gained 300 jobs over the month, or 0.0%. The largest gains were in Construction (+800),

Leisure and Hospitality (+500) and Financial Activities (+300). Over the past 12 months, the private sector

gained 21,000 jobs. Estimates are seasonally adjusted.

Average weekly hours worked in the private sector increased over the year from 34.2 hours to 34.4 hours in

August 2018. Average nominal hourly earnings increased by $0.92 to $24.04 (+4.0%). Average nominal

weekly earnings increased by $36.28 (+4.6%) over the past 12 months. Estimates are not seasonally adjusted.

In August the labor force increased by 1,093, the pool of unemployed decreased by 676, and employment

increased by 1,769. Estimates are seasonally adjusted.

The unemployment rate fell from 3.4% to 3.3% over the month. Estimates are seasonally adjusted.

Over the past 12 months, initial claims decreased by 3,947 and continued claims decreased by 12,653 (these

numbers include all programs). The number of individuals receiving unemployment insurance benefits

decreased by 5,090 over the year. Average duration of benefit receipt increased by 0.4 weeks over the past

12 months. Estimates are not seasonally adjusted.

Page 2: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

2

-1,400

-500

0

100

100

200

200

300

500

800

3,300

300

3,600

-2,000 -1,000 0 1,000 2,000 3,000 4,000

Professional and Business Services

Information

Manufacturing

Education and Health Services

Mining and Logging

Other Services

Trade, Transportation and Utilities

Financial Activities

Leisure and Hospitality

Construction

GOVERNMENT

TOTAL PRIVATE

TOTAL NONFARM

Over-the-Month Job Gain/Loss

Over-the-Month Change in Employment (seasonally adjusted)Kansas

August 2018

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)

Seven of the 11 major sectors gained jobs over the month while two lost jobs and one remained unchanged.

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3

August

2018 Absolute Percent Absolute Percent

TOTAL NONFARM 1,418,900 7,900 0.6% 29,900 2.2%

GOVERNMENT 244,300 9,200 3.9% 8,200 3.5%

TOTAL PRIVATE 1,174,600 -1,300 -0.1% 21,700 1.9%

GOODS-PRODUCING 237,500 -200 -0.1% 7,900 3.4%

Mining and Logging 7,300 100 1.4% 500 7.4%

Construction 64,000 700 1.1% 2,100 3.4%

Manufacturing 166,200 -1,000 -0.6% 5,300 3.3%

PRIVATE SERVICE-PROVIDING 937,100 -1,100 -0.1% 13,800 1.5%

Trade, Transportation and Utilities 273,000 1,300 0.5% 4,000 1.5%

Information 17,800 -600 -3.3% -1,200 -6.3%

Financial Activities 80,300 -100 -0.1% 1,600 2.0%

Professional and Business Services 184,300 -900 -0.5% 5,400 3.0%

Education and Health Services 195,800 -600 -0.3% 400 0.2%

Leisure and Hospitality 135,500 -600 -0.4% 3,600 2.7%

Other Services 50,400 400 0.8% 0 0.0%

Industries in green added the most jobs over the year, and industries in red lost the most jobs over the year.

Nonfarm job statistics on subsectors will be furnished upon request.

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment

Statistics (CES)

August 2018 Not Seasonally Adjusted Nonfarm Jobs

Place of Work Data

Month Change 12 Month Change

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4

126,000,000

128,000,000

130,000,000

132,000,000

134,000,000

136,000,000

138,000,000

140,000,000

142,000,000

144,000,000

146,000,000

148,000,000

150,000,000

1,260,000

1,280,000

1,300,000

1,320,000

1,340,000

1,360,000

1,380,000

1,400,000

1,420,000

1,440,000

1,460,000

1,480,000

1,500,000A

ug-

13

Sep

-13

Oct

-13

No

v-1

3D

ec-1

3Ja

n-1

4F

eb-1

4M

ar-1

4A

pr-

14

May

-14

Jun

-14

Jul-

14

Aug-

14

Sep

-14

Oct

-14

No

v-1

4D

ec-1

4Ja

n-1

5F

eb-1

5M

ar-1

5A

pr-

15

May

-15

Jun

-15

Jul-

15

Aug-

15

Sep

-15

Oct

-15

No

v-1

5D

ec-1

5Ja

n-1

6F

eb-1

6M

ar-1

6A

pr-

16

May

-16

Jun

-16

Jul-

16

Aug-

16

Sep

-16

Oct

-16

No

v-1

6D

ec-1

6Ja

n-1

7F

eb-1

7M

ar-1

7A

pr-

17

May

-17

Jun

-17

Jul-

17

Aug-

17

Sep

-17

Oct

-17

No

v-1

7D

ec-1

7Ja

n-1

8F

eb-1

8M

ar-1

8A

pr-

18

May

-18

Jun

-18

Jul-

18

Aug-

18

U.S

. N

on

farm

Jo

bs

Kan

sas

No

nfa

rm J

ob

s

Month-Year

Nonfarm JobsKansas and U.S.

August 2013 to August 2018

Kansas Jobs Kansas Jobs (Seasonally Adjusted) U.S. Jobs (Seasonally Adjusted)

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)

Over-the-Year Percent Change in Jobs, Not Seasonally Adjusted (KS) +2.2%Over-the-Year Percent Change in Jobs, Not Seasonally Adjusted (US) +1.7%

Kansas added jobs for the 15th consecutive month. Over the month gains in state government employment accounted for the majority of nonfarm job gains in August.

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5

(3,700)

(1,100)

1,400 1,400

2,300 2,300

100

(1,300)

(100)

(1,300)

(4,000)

(3,000)

(2,000)

(1,000)

-

1,000

2,000

3,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Ch

an

ge i

n E

mp

loym

en

t

Month-Year

Over-the-Month Change in Private Sector JobsNot Seasonally Adjusted

KansasAugust 2009 - August 2018

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)

Average of prior 10 years: -400 jobs

There is not a strong seasonal pattern for private sector job growth in August. The over the month decline in private sector jobs for August 2018 was more than the average for the prior 10 years.

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6

-0.1

%

0.0

%

0.2

%

0.4

% 0.6

%

0.9

%

0.6

%

0.7

%

1.5%

2.2

%

2.5

%

2.0

%

1.9%

1.2%

0.9

%

0.0

%

0.9

%

1.5%

-0.3

%

0.0

% 0.6

%

1.2%

0.9

%

0.9

%

0.9

%

0.6

%

-0.1

%

0.5

%

0.0

%

-0.6

%

0.3

%

-0.7

%

0.8

%

0.4

%

1.2%

1.0%

2.1

%

1.8%

1.8%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18

Perc

en

t

Month-Year

Over-the-Year Change in Private Sector Jobs, Average Weekly Hours, and Real Hourly EarningsNot Seasonally Adjusted

KansasAugust 2017 to August 2018

Jobs Average Weekly Hours Real Hourly Earnings

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Current Employment Statistics (CES)

Over the year job growth and growth in real hourly earnings has been above 1.0 percent since April. This is the 6th consecutive month all three indicators of labor demand have shown over the year gains.

Page 7: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

HOUSEHOLD DATA

7

• The labor force increased by a net of 1,093 individuals to a total of 1,479,406 participants over the

month. Estimates are seasonally adjusted.

• Employment increased by a net of 1,769 individuals to 1,430,241 over the month. Estimates are

seasonally adjusted.

• The pool of the unemployed fell by a net of 676 individuals to 49,165 over the month. Estimates are

seasonally adjusted.

• The unemployment rate fell from 3.4% to 3.3% over the month. Estimates are seasonally adjusted. The

revised unemployment rate for July remained at 3.4%.

• Over the last 12 months the unemployment rate decreased from 3.6% in August 2017 to 3.3% in August

2018. Estimates are seasonally adjusted.

Page 8: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

8

2.5

3.0

3.5

4.0

4.5

5.0

5.5A

ug-

15

Sep

-15

Oct

-15

No

v-1

5

Dec

-15

Jan

-16

Feb

-16

Mar

-16

Ap

r-16

May

-16

Jun

-16

Jul-

16

Aug-

16

Sep

-16

Oct

-16

No

v-1

6

Dec

-16

Jan

-17

Feb

-17

Mar

-17

Ap

r-17

May

-17

Jun

-17

Jul-

17

Aug-

17

Sep

-17

Oct

-17

No

v-1

7

Dec

-17

Jan

-18

Feb

-18

Mar

-18

Ap

r-18

May

-18

Jun

-18

Jul-

18

Aug-

18

Un

em

plo

ym

en

t R

ate

(%

)

Aug

-15

Sep-

15

Oct-

15

Nov

-15

Dec-

15

Jan-

16

Feb-

16

Mar

-16

Apr-

16

May

-16

Jun-

16

Jul-

16

Aug

-16

Sep-

16

Oct-

16

Nov

-16

Dec-

16

Jan-

17

Feb-

17

Mar

-17

Apr-

17

May

-17

Jun-

17

Jul-

17

Aug

-17

Sep-

17

Oct-

17

Nov

-17

Dec-

17

Jan-

18

Feb-

18

Mar

-18

Apr-

18

May

-18

Jun-

18

Jul-

18

Aug

-18

U.S. 5.2 4.9 4.8 4.8 4.8 5.3 5.2 5.1 4.7 4.5 5.1 5.1 5.0 4.8 4.7 4.4 4.5 5.1 4.9 4.6 4.1 4.1 4.5 4.6 4.5 4.1 3.9 3.9 3.9 4.5 4.4 4.1 3.7 3.6 4.2 4.1 3.9

Kansas 4.2 3.7 3.6 3.6 3.5 4.2 4.1 4.1 3.7 3.8 4.4 4.7 4.4 3.9 3.8 3.7 3.5 4.2 4.0 3.7 3.4 3.5 3.9 4.2 4.0 3.3 3.1 3.1 3.0 3.5 3.6 3.4 3.2 3.2 3.6 3.9 3.5

U.S. SA 5.1 5.0 5.0 5.0 5.0 4.9 4.9 5.0 5.0 4.7 4.9 4.9 4.9 5.0 4.9 4.6 4.7 4.8 4.7 4.5 4.4 4.3 4.3 4.3 4.4 4.2 4.1 4.1 4.1 4.1 4.1 4.1 3.9 3.8 4.0 3.9 3.9

Kansas SA 4.0 4.0 4.0 3.9 3.9 3.9 3.9 3.9 4.0 4.0 4.1 4.1 4.1 4.2 4.1 4.1 4.0 3.9 3.8 3.7 3.6 3.6 3.6 3.6 3.6 3.6 3.5 3.5 3.5 3.5 3.4 3.4 3.4 3.4 3.4 3.4 3.3

Unemployment RateKansas and U.S.

August 2015 - August 2018

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Local Area Unemployment Statistics (LAUS)

The Kansas unemployment rate fell to 3.3% in August, the U.S. rate remained at 3.9%.

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9

Aug-171,479,592

Aug-181,479,406

Aug-171,426,624

Aug-181,430,241

1,360,000

1,380,000

1,400,000

1,420,000

1,440,000

1,460,000

1,480,000

1,500,000

1,520,000A

ug-

13

Oct

-13

Dec

-13

Feb

-14

Ap

r-14

Jun

-14

Aug-

14

Oct

-14

Dec

-14

Feb

-15

Ap

r-15

Jun

-15

Aug-

15

Oct

-15

Dec

-15

Feb

-16

Ap

r-16

Jun

-16

Aug-

16

Oct

-16

Dec

-16

Feb

-17

Ap

r-17

Jun

-17

Aug-

17

Oct

-17

Dec

-17

Feb

-18

Ap

r-18

Jun

-18

Aug-

18

Peo

ple

Month-Year

Labor Force and EmploymentSeasonally Adjusted

KansasAugust 2013 to August 2018

Labor Force

Number of People Employed

Source: Kansas Department of Labor, Labor Market Information Services and the Bureau of Labor Statistics; Local Area Unemployment Statistics (LAUS)

August estimates show no significant change compared to last year, but the trend in labor force and employment growth has been positive since April.

From August 2017 to August 2018 the labor force decreased by 0.0% (-186 people). Over the same time period the number of people employed increased by 0.3% (3,617).

Page 10: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

UNEMPLOYMENT INSURANCE

CLAIMSEstimates are not seasonally adjusted

10

• Over the year, initial claims decreased by 3,947 and continued claims decreased by 12,653 claims

(these numbers include all programs). Estimates are not seasonally adjusted.

• The number of individuals receiving unemployment insurance benefits decreased by 686 over the

month, and decreased by 5,090 from August 2017.

• The average duration of benefit receipt is 11.3 weeks, no change from last month, and an increase

of 0.4 weeks over the past 12 months (average duration is measured with a 12 month moving

average).

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11

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000Ja

n

Jan

Jan

Jan

Feb

Feb Feb

Feb

Mar

Mar

Mar

Mar

Mar

Ap

r

Ap

r

Ap

r

Ap

r

May

May

May

May

May

Jun

Jun

Jun

Jun

Jul

Jul

Jul

Jul

Aug

Aug

Aug

Aug

Aug

Sep

Sep

Sep Sep

Oct

Oct

Oct

Oct

Oct

No

v

No

v

No

v

No

v

Dec

Dec

Dec

Dec

Nu

mb

er

of

Cla

ims

Month

Weekly Initial Claims (4-Week Moving Average)Kansas

2007, 2017, and 2018

2007 2017 2018

Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics Each data point represents an average of initial claims for the current week and three preceding weeks.

The number of initial claims for unemployment insurance is an indicator of how many workers are being laid off (temporarily or permanently). There have been relatively few layoffs in 2018 compared to 2017 and 2007.

Page 12: (Embargoed until September 21, 2018) Summary › admin › gsipub › htmlarea...Jobs Average Weekly Hours Real Hourly Earnings Source: Kansas Department of Labor, Labor Market Information

12

0

5,000

10,000

15,000

20,000

25,000

30,000Ja

n

Jan

Jan

Jan

Feb

Feb Feb

Feb

Mar

Mar

Mar

Mar

Mar

Ap

r

Ap

r

Ap

r

Ap

r

May

May

May

May

May

Jun

Jun

Jun

Jun

Jul

Jul

Jul

Jul

Aug

Aug

Aug

Aug

Aug

Sep

Sep

Sep Sep

Oct

Oct

Oct

Oct

Oct

No

v

No

v

No

v

No

v

Dec

Dec

Dec

Dec

Nu

mb

er

of

Cla

ims

Month

Weekly Continued Claims (4-Week Moving Average)Kansas

2007, 2017, 2018

2007 2017 2018

Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics Each data point represents an average of continued claims for the current week and three preceding weeks.

The number of continued claims filed is an indicator of how much time it takes for unemployed workers to find work. A lower number of claims indicate workers are able to find work more quickly. Kansas is reporting a very low level of continued claims in August compared to historical levels.

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13

Aug-1713,685

Aug-188,595

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Num

ber

of

Ind

ivid

ual

s

Month

Number of Individuals Receiving Unemployment Insurance BenefitsKansas

August 2013 to August 2018

Source: Kansas Department of Labor, Labor Market Information Services; Unemployment Insurance Statistics

Fewer than 10,000 people received unemployment insurance benefits in August.

Claimants Average Duration (Weeks)

August 2018 8,595 11.3

July 2018 9,281 11.3

August 2017 13,685 10.9

OTM Change -686 0.0

OTY Change -5,090 +0.4