Labor
Number of Workers in Family
The Kansas City-St. Joseph, KS-MO has an average of 1.5 workers per family. This market subsequently ranks 37th in the number of workers per family across the 167 STI Markets. It has a location quotient of 1.03 time the national average of 1.5.
Labor Force
The Kansas City-St. Joseph, KS-MO ranks 23rd in labor force participation among the 167 STI Markets with 66.8% of those 16 plus in the labor force. Of those in the Labor force 0.65% are in the Armed Forces a value 0.85 times the national average resulting in an Armed Forces employment ranking of 54th across STI Markets.
In terms of overall employment size, the market ranks 133rd with employment of 1,461,227.
Unemployment Rate of 3.8%
With an Unemployment Rate of 3.8% the Kansas City-St. Joseph, KS-MO currently ranks 98th in Unemployment among the 167 STI Markets.
UER Inequality - High
The Kansas City-St. Joseph, KS-MO can current be classified as having High level of variation across its Census Tracts. This classification is based on the Gini Coefficient of the market which is currently 0.425. Low (0 to .3), Moderate (.3 to .4), High (.4 to .6), Extreme (.6 to 1). The Gini Coefficient is often used to classify inequality. Across all STI Markets the Kansas City-St. Joseph, KS-MO ranks 28th. The interquartile range of the markets Census Tracts, that is its 25th percentile and 75th percentile values, are 1.8% and 5.5%, respectively.