Unemployment Drops in Most Kentucky Counties

The latest unemployment numbers for Kentucky have been released and most counties, Jefferson included, show an improvement. In Louisville, the unemployment rate is down to nine percent. It’s the lowest rate in three years. The numbers are from last month, which, aside from a spike in September, capped a year of steady declines. The unemployment… Continue reading Unemployment Drops in Most Kentucky Counties

CBO: Slow Growth, High Jobless Rate for Years

Projecting slow growth and high unemployment over the next six years, the Congressional Budget Office released its updated report Wednesday that paints a dire economic picture for the foreseeable future. The nonpartisan agency forecasts the country’s jobless rate will remain above 8 percent until 2014 and economic growth will be 2.7 percent next year. President… Continue reading CBO: Slow Growth, High Jobless Rate for Years

Kentucky's Unemployment Rate Back Above 11%

From Kentucky Public Radio’s Tony McVeigh After a slight decline in September, Kentucky’s unemployment rate has again climbed above 11-percent. In July, Kentucky’s jobless rate hit 11%, the state’s highest rate in 26 years. It rose to 11.2% in August, but fell to 10.9% in September. But last month, the commonwealth’s jobless rate again rose… Continue reading Kentucky's Unemployment Rate Back Above 11%

Louisville Jobless Rate Climbs

The Kentucky Office of Employment and Training says the Louisville metropolitan area’s unemployment rate jumped to 9.4 percent in January, up from 7.6 percent in December and 5.6 percent in January of 2008. Officials say the higher number is due in large part to manufacturing job losses, particularly in the auto industry.   Both of Louisville’s… Continue reading Louisville Jobless Rate Climbs