Kansas City Job Market Forecast: Predictions And Trends For The Future

Verkkothe labor market conditions for households remain robust, as employers continued to add jobs in 2022 and are anticipated to expand by 0. 6% in 2023.

The growth will put further pressure on the market and will likely decrease unemployment over the next.

More data series, including additional geographic areas, are available through the databases & tables tab at the top of this page.

After a considerable dip in the unemployment rate from 4. 2% in 2021 to 2. 7% in 2022, there's a slight uptick forecasted for the following years, stabilizing at 3. 1%.

One indicator measures the level of activity in labor markets and the other indicator.

Bureau of labor statistics.

Verkkothe kansas city fed labor market conditions indicators (lmci) are two monthly measures of labor market conditions based on 24 labor market variables.