With a promise of city and state tax rebates, a British transportation company is expanding its operations in Louisville. Invensys Rail will add 75 jobs that pay around $70,000 a year to its east Louisvile office, which currently employs about 275 people. Among other products, the transportation company develops automated railroad transit systems, but Mayor… Continue reading Transportation Company to Expand Louisville Offices
Kentucky’s unemployment rate continues to hover around 10 percent, though it dropped slightly last month. Kentucky’s March jobless rate was 10.2 percent, compared to the February rate of 10.4 percent. In March 2010, the rate was 10.8 percent.
Jobs in retail and wholesale trade rose last month, as Kentuckians bought back-to-school supplies. Professional and business service agencies also saw employment increases. On the downside, construction, accommodations, food services, repair, education and health services all saw job declines.