The loss is a reflection of trends in the industry. Aegon is consolidating its operations, with a presence in fewer cities. About 120 jobs will remain in Louisville, while the other 300 will be transferred to Maryland over the next year.
The state applied for the loan through the Department of Housing and Urban Development, which uses private investments to help finance projects that will benefit multiple communities. Congressman John Yarmuth says he recently received a letter from HUD officials that said they were optimistic the loan could be arranged.
Democratic mayoral candidate Greg Fischer has unveiled a ten-point plan for creating jobs in Louisville, and Fischer’s competitors are criticizing the plan as either too vague, or self-contradictory.
The annual hiring process for temporary state fair workers begins next month. The Kentucky State Fair Board is hiring fewer workers than last year because turnover is lower in the economic downturn.
Museum Plaza’s developers are working with the state on an application for a $100 million Housing and Urban Development loan. The loan is arranged by HUD in Washington, but the money would come from private investors and would be guaranteed and repaid by the developers.
Charlotte ranks above Louisville in education attainment and in higher wage technical and professional jobs. In addition to an educated workforce and tax incentives for businesses, Charlotte’s professional sports, support for the arts, climate and improved public transportation helped keep graduates in town while also helping recruit companies that would hire those graduates.
The Greater Louisville Project’s Competitive City Report will be released Thursday. It ranks Louisville among peer cities such as Nashville, Indianapolis and Raleigh. In areas such as education attainment, median income and safety, Louisville ranks near the middle. Project director Carolyn Gatz says those areas and others need to be improved to make the city more competitive at attracting new business and jobs.
by Stephanie Crosby A new website called Kix.com pledges to use the tools of social networking sites to help people find jobs. It includes employers and job-seekers in a 26-county area in Kentucky and southern Indiana. Mike Gritton with Kentuckiana Works, one of the groups involved in the project, says it’s a tool for those […]
by Stephanie Crosby Kentucky government leaders are hoping a one-time infusion of cash into the workforce this summer will create permanent jobs. Governor Steve Beshear, Louisville Mayor Jerry Abramson and Congressman John Yarmuth all touted the new WorkNow Kentucky program today, which is funded by $46-million in federal stimulus money. Yarmuth says the program will […]
by Stephanie Crosby After a flood of applicants deluged the Kentucky State Fair Board’s recruitment fairs this week, the board added two additional dates next week. Spokesperson Vicki Glass says they’re hiring for 400 part-time jobs in their Venue Services Department, to staff events at the Kentucky International Convention Center, the Kentucky Exposition Center and […]