Kansas

U.S. Prescription Drug Shortage Worsens

Shortages of prescription drugs in the United States increased by 30 percent from 2021 to 2022, according to a recent Senate report, and the Food and Drug Administration now lists more than 120 pharmaceuticals that are in short supply. That,… more

MHA 2023 Workforce Report: Data Shows Need For Nurses

A new annual report from the Missouri Hospital Association says data collected statewide remains significantly higher than pre-pandemic levels in addition to thousands of vacant nursing positions. The MHS 2023 Workforce Report found staff nurse vacancies statewide reached 17.4 percent… more

Rental Home Construction Hit Record in ’22

The number of single-family homes being built specifically for the rental market nationwide reached 14,500 last year—an all-time record, and up 47 percent from 2021. That’s according to a new report on the Web site RentCafe, drawing on statistics from… more

State Start-Up Costs Don’t Flatter Missouri, Kansas

Missouri ranked middle of the pack, but Kansas fare considerably worse, in an analysis of costs for starting a business, according to a new report by Simplifyllc.com. The analysis explored factors like corporate income tax rate, labor participation rate, energy… more

KS Insurance Commissioner: No Workers Comp Fund Assessment for FY 2024

Kansas Insurance Commissioner Vicki Schmidt announced on Thursday there will not be a Workers Compensation Fund assessment this year. Carriers, pools, and self-insured businesses will not be required to pay into the fiscal year 2024 assessment fund, thus reducing the… more

Payrolls Rates Climb Amidst Labor Market Shortage

The amount of nonfarm payroll experienced a dramatic swell over the month of May, the Labor Department reported Friday. Both the public and private sector payrolls increased by 339,000 for the month. The job growth continued for consecutive 29 months.… more

Higher Ed Pandemic Pain: $13 Billion in Losses

A new analysis from the Chronicle of Higher Education estimates that public and private colleges and universities lost a combined $13 billion in revenue in 2021 as the COVID-19 pandemic was raging at its worst. Data extracted from reports filed… more

Department of Labor Reports Rise In Initial Unemployment Claims

In the week ending May 27, the advance figure for seasonally adjusted initial claims was 232,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 229,000 to 230,000. The… more

Recession Treats ‘Beef’ For Costco Customers

As the recession worsens and creeps deeper into our wallets shoppers are now more wary of what goes into their carts, mainly meats. In an investor call, Costco CFO Richard Galanti said customers are less interested in pricier beef products… more

Regional Banks See Stock Prices Level Off

Stock prices for publicly traded banks in the Kansas City region show that most have leveled off from the sector-wide plunge induced by three major bank failures in the U.S. this year, but share prices overall remain sharply lower than… more