Coming in June: Business Appreciation

Coming in June: Business Appreciation

Governor signs proclamation of Business Appreciation Month; again touts strong job growth and low unemployment.

Looking for an excuse to show how much you appreciate business in Kansas? You just got one.

It will be June in just a week and Gov. Sam Brownback has signed a proclamation declaring the entire month of June to be Business Appreciation month, 30 days devoted to paying tribute to businesses in Kansas for the contributions they make to the economy and to local communities.

"Our state is enjoying strong job growth and a low unemployment rate thanks to the hard work of Kansas companies," said Kansas Commerce Secretary Pat George. "It is important to honor and thank the businesses that create jobs, invest in their communities and enhance the quality of life for Kansans."

"It's fantastic that Kansas is once again recognizing June as Business Appreciation Month," Kansas Commerce Secretary Pat George said. "Our state is enjoying strong job growth and a low unemployment rate thanks to the hard work of Kansas companies. It is important to honor and thank the businesses that create jobs, invest in their communities and enhance the quality of life for Kansans."

Strong job growth in Kansas
The Business Appreciation Month proclamation follows news of strong private sector job growth in Kansas. The Kansas Department of Labor reported on May 15 that the state gained 16,900 seasonally adjusted private sector jobs during the previous year and that more Kansans are working now than at any point in the state's history. The state's unemployment rate is 4.8 percent, the Brownback administration said.

The U.S. Bureau of Labor Statistics, however, reported in April that after four years of recovery beginning in 2010, Kansas had yet to recover the number of jobs lost during the Great Recession from 2008 to 2010, while neighboring states, Colorado, Iowa, Nebraska and Oklahoma were all back above their previous high-water mark.

In 2013, Kansas enjoyed a second consecutive year of record business formation. After 15,008 new domestic entity filings in 2012, Kansas had 15,469 new businesses file in 2013, the highest level in the state's history.

Kansas recently surpassed the region in per capita personal income with a figure of $43,916 versus the six state region average of $42,554. Kansas also outpaced the nation with an increase in per capita personal income of 2.1 percent last year versus the national increase of 1.8 percent.

Team Kansas' annual Business Appreciation Month Awards ceremony will be held on June 17 in Wichita. Finalists for the awards will be recognized at the event, with the top nominee receiving the Governor's Award of Excellence, which is the top award given to a business by the state of Kansas.

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