Kansas City unemployment is much lower than peer cities; and that’s not a great thing
The Kansas City area needs to recover 15,500 jobs to return to what it had before the Covid-19 pandemic. The problem isn’t a lack of jobs, according to the Mid-America Regional Council, but a lack of available workers.
The seasonally adjusted unemployment rate for Kansas City was down to 2.6% in September, according to a MARC analysis released Friday. That is tenth lowest out of 11 metro areas MARC uses as benchmarks.
This tight labor market led Kansas City to also rank tenth in the group in…