Payroll jumps in Shawnee Mission but not for teachers
- Education
- August 22, 2018
Kansas’ recent job losses may be driven by COVID-19 shutdowns and health impacts. However, findings from the Green Book 2020 say Kansas was in the economic doldrums long-before the COVID crisis. Kansas ended 2019 with the slowest job growth rate in Plains and the 43rd fastest growth in the country. According to the June jobs
READ MORE“Exhausting financial resources before I can revive my business” “Customers are too scared to come out of their house” “Employees are not going to work because they can make more money on unemployment” These quotes from small business owners show their extreme frustration operating in today’s COVID environment. Findings from a COVID survey reveal many
READ MOREWith school closures, businesses shuttered for months, and inconsistent unemployment relief, Kansans’ well-being is in serious trouble. Governor Kelly’s history of denying Kansans tax relief and most recent action to veto the legislature overwhelming approval of property tax relief will only make matters worse. Our 2020 Green Book summarizes what 20+ years of Governor Kelly-like
READ MOREDuring the worst of the public health crisis, Kansas Governor Laura Kelly locked in place the COVID-19 economic shock. That means state policy closed businesses and ended jobs longer than necessary. As a result, the April jobs report announced Kansas lost 130,400 total jobs. Analysis of this jobs report suggests the state economy is shrinking
READ MORERecently, state forecasters predicted a substantial reduction in state tax revenues as an economic impact of COVID-19. However, comparisons to the Great Recession as well as state forecasters’ history of projections can give key insights. They suggest the state government will have another off-target tax revenue prediction. On April 20th, economists and analysts from the
READ MOREThere are no pandemic economic models to follow but the economic fallout and state budget deficits from the COVID-19 shutdown will be enormous. Some economists speculate the impact could be even worse than the 2009-10 recession. Only time will tell if the public health benefits of stay-at-home orders were worth the economic ramifications and related
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