Wichita jobs and employment, May 2019
For the Wichita metropolitan area in May 2019, the labor force is up, the number of unemployed persons is up, the unemployment rate is unchanged, and the number of people working is up when compared to the same month one year ago. Seasonal data shows declines in labor force and jobs from April.
Data released today by the Bureau of Labor Statistics, part of the United States Department of Labor, shows a slowing employment situation for the Wichita Metropolitan Statistical Area.
Click charts and tables for larger versions.
Total nonfarm employment rose from 300,000 last May to 303,200 this May. That’s an increase of 3,200 jobs, or 1.1 percent. (This data is not seasonally adjusted, so month-to-month comparisons are not valid.) For the same period, employment in the nation grew by 1.5 percent. The unemployment rate in May 2019 was 3.5 percent, same as one year ago.
Considering seasonally adjusted data from the household survey, the labor force fell by 402 persons (0.1 percent) in May 2019 from April 2019, the number of unemployed persons fell by 57 (0.5 percent), and the unemployment rate was unchanged at 3.7 percent. The number of employed persons not working on farms fell to 299,023 in May from 299,368 the prior month, a decline of 345 persons, or 0.1 percent.
The following chart of the monthly change in labor force and employment shows a general decline over the past year, two consecutive months of losses for both measures.
The following chart of changes from the same month one year ago shows six consecutive months of decline in the rate of growth of both employment and labor force. The values are growing, but at a slower pace each month.
Source: https://wichitaliberty.org/economics/wichita-jobs-and-employment-2019-05/
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