Newswise — Employment increased by 1.9 percent nationally in the last 12 months, while Kansas employment increased by 1 percent. According to Jeremy Hill, director of the Center for Economic Development and Business Research at Wichita State University, in 2015, Kansas total nonfarm employment is expected to increase by 23,239 jobs, which implies the employment growth rate is anticipated to be 1.7 percent.
-- The production sectors are expected to grow by 2.1 percent in Kansas, adding almost 5,000 jobs. Much of this growth is anticipated to be in the natural resources and construction sector, which is forecast to add 3,351 jobs and grow at a 4.7 percent rate. Durable goods manufacturing is projected to grow 1.2 percent, while nondurable goods manufacturing is expected to grow 0.6 percent.
-- The trade, transportation and utilities sector is projected to add 1,768 jobs, with a growth rate of 2.1 percent. The retail trade sector is anticipated to grow 0.6 percent, and both the wholesale trade sector and transportation and utilities sector are forecast to grow 0.8 percent
-- The service sectors in Kansas are forecast to be the major growth sectors in 2015, growing at a rate of 2.6 percent. The fastest growing service sectors are projected to be professional and business services and education and health services, which are forecast to add 6,036 and 4,980 jobs, respectively. The other services sector is also expected to grow at a 2.4 percent growth rate.
-- The government sector is projected to grow 0.1 percent, adding 279 jobs in 2015. The federal and state government sectors are forecast to decline in employment, while the local government sector is anticipated to add more than 800 jobs statewide.
-- In 2015, Wichita total nonfarm employment is expected to increase by 4,472 jobs, which implies the employment growth rate is anticipated to be 1.5 percent. Read the full 2015 Wichita Employment Forecast at http://www.wichita.edu/j/?3376.
Read the full 2015 Kansas Employment forecast at http://www.wichita.edu/j/?3375.
A photograph is available at http://www.wichita.edu/thisis/wsunews/newsrelease/highres/?pid=4548# # # # #
Contact: Jeremy Hill, Director W. Frank Barton School of Business Center for Economic Development and Business Research, 316-213-3673 or [email protected].
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