Unemployment rate in Olathe is showing a decline

Although much of the United States has seen unemployment rise to double digits, Olathe has not seen the double digit percentage of unemployed workers. Unemployment reached 7.3 last July, mainly because of students entering the workforce.

According to the U.S. Bureau of Labor Statistics, the unemployment percentage in Olathe has fallen since July. In October the percentage was 6.6% and in November it had fallen to 5.8%,

Tim McKee, executive vice president of economic development for the Olathe Chamber of Commerce, said Olathe employers are hiring.

Companies like Garmin and Farmers Insurance HelpPoint Center held job fairs about a month ago.

Olathe’s unemployment rate doesn’t reflect how Olathe’s businesses have remained somewhat sound during the economic downturn, McKee said.
“The unemployment rate is based mainly on people who are unemployed, living here, not just those unemployed through Olathe businesses,” he said.

With the unemployment rate low, this is good for people looking to relocate to Olathe.



Blog post written by the Dowell Taggart Team of RE/MAX Best Associates. Your Olathe Real Estate Marketing Masters!Technorati Tags: Olathe, Garmin, Farmers Insurance