2016 Kansas Employment Forecast released
Newswise — Nationally, real GDP expanded briskly with 3.9 percent growth in the second quarter of 2015, after growing 0.6 percent in the first quarter.
Most of this growth was because of growing personal consumption expenditures, with investment experiencing the second largest growth. Net exports and government spending also contributed to the increase in real GDP, as both had moderately positive growth.
Employment increased by 2.1 percent nationally in the past twelve months, while Kansas employment increased by 0.9 percent.
In 2016, Kansas total nonfarm employment is expected to increase by 19,958 jobs, which implies the employment growth rate is anticipated to be 1.4 percent.
Read the full 2016 Kansas Employment Forecast at www.outlook.cedbr.org.
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].
2016 Wichita Employment Forecast released
Nationally, real GDP expanded briskly with 3.9 percent growth in the second quarter of 2015, after growing 0.6 percent in the first quarter.
Most of this growth was because of growing personal consumption expenditures, with investment experiencing the second largest growth. Net exports and government spending also contributed to the increase in real GDP, as both had moderately positive growth.
Employment increased by 2.1 percent nationally in the past twelve months, while Wichita employment increased by 1.0 percent.
In 2016, Wichita total nonfarm employment is expected to increase by 3,360 jobs, which implies the employment growth rate is anticipated to be 1.1 percent.
Read the full 2016 Wichita Employment Forecast at www.outlook.cedbr.org.
A photograph is available at http://www.wichita.edu/thisis/wsunews/newsrelease/highres/?pid=4544# # # # #Contact: Jeremy Hill, CEDBR director, 316-213-3673 or [email protected].
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