New layoffs in Wichita and Kansas appear to be slowing to a halt. New numbers released today by the Workforce Alliance of South Central Kansas show that the number of laid off workers it is handling is up in November, but only about 2 percent, from October. The biggest percentage increase (7 percent) came in service sector, which makes sense. Those companies tend to feed off local manufacturers for business, and they would feel the squeeze later and lay off later. But these companies are often small and wouldn’t go to the workforce alliance, which means this number is likely underreporting the real number of service sector layoffs all along.
In Kansas, generally, which hasn’t been hit as bad as Wichita, the number of initial claims for unemployment has leveled off since July and ongoing claims has been falling since then. It could mean that some of the unemployed are finding jobs faster than new ones are claiming unemployment. That would be good news.