WSU: Kansas could have 18,000 new jobs by year's end
Updated On: Jul 02 2014 07:12:49 PM CDT
Experts at Wichita State say the Kansas economy will add jobs this year. Overall, WSU expects Kansas employment to grow 1.4 percent.
About 2,500 of those jobs will be in the production sector, leading to a growth of 1.1 percent.
The trade, transportation and utilities sector will grow by half a percent, or about 1,300 jobs.
Analysts say the biggest gain will be in the service sector. It will add more than 15,000 jobs, and grow by two and a half percent.
However, the government sector is expected to shrink by .3 percent.
Experts say the forecasted growth will exceed pre-recession levels in employment, and some of the areas of growth might surprise you.
"Western Kansas has done really well - not because of farm or oil, but because the income for farm and oil,” said Jeremy Hill, director of the Center for Economic Development and Business Research at WSU.
“There's been a lot of new income, a lot of cash going on, and that's created a lot of jobs in western Kansas. It's already a tight market, people are moving out. … that's where you see that growth in western Kansas. Kansas City, it's all services.”
If the forecast is accurate, Kansas will have more than 18,000 new jobs by the end of the year.