Sunday, May 20, 2012

State lost 16,000 jobs in the last year - Wichita Business Journal:

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percent decrease, according to a new report fromthe . The result is a state unemployment rateof 6.2 percent, up from 4 percenrt last year. The Wichita Metropolitan Statistical Area reportex an unemployment rate of 6 upfrom 3.7 percent. And although the statewide rate actualltfell 0.2 percent from January, the local rate increasedx by 0.1 percent. These rates equate to 19,30p0 out of work in the area accordint tothe report. “Kansas experienced significant over-the-year job lossese in February,” says Labor Economis t Inayat Noorohmad.
“Although a year-to-year loss of 16,600 jobs is the month-to-month decline of 1,200 jobs is not as bad as Noorohmad says these numbers indicate the state is losintgfewer jobs. But the report’s findings regarding unemployment claims show people are staying out of work longedr and continuing to collect unemployment benefitshe says. There were 23,980 initialo claims for unemployment benefitsin February, down from 26,7445 initial claims last month. However it was a significan increase from February whichsaw 10,486 initial claims.

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