Tagged: economy

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The Two-Way
9:56 am
Fri October 26, 2012

Economic Growth Picked Up Slightly In Third Quarter

Credit Bill Pugliano / Getty Images
A GM assembly line in Lansing, Mich.

Originally published on Fri October 26, 2012 10:31 am

The U.S. economy grew at a 2 percent annual rate in the third quarter, the Bureau of Economic Analysis says.

That follows growth (at annual rates) of 1.3 percent in the second quarter and 2 percent in the first.

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Local News
12:09 pm
Thu July 19, 2012

Kentucky Unemployment Rate Stays Flat at 8.2 Percent

The latest numbers show Kentucky's unemployment rate staying flat from May to June.

The Office of Employment and Training says the jobs rate remained at 8.2 percent, which matches the national jobless figure.

This ends a long trend of monthly declines in the unemployment rate. The rate was 8.8 at the beginning of this year, and 9.6 in June of last year.

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Local News
3:03 pm
Fri June 22, 2012

First Data Will Lay Off 344 Workers in Louisville

More than 300 Louisville call center workers will lose their jobs in the coming months.

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Local News
2:47 pm
Thu June 21, 2012

Jobless Rate Drops in Most Counties but Rises Statewide

Jobless rates have improved in 107 Kentucky counties, but not Jefferson. 

The Kentucky Office of Employment and Training released the latest unemployment numbers today. They show Jefferson County's jobless rate jumping from 8.1 percent in April to 8.6 percent in May. Most counties in the Louisville area saw similar increases.

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Local News
2:13 pm
Mon June 18, 2012

Louisville Puts Economic Data Online

Metro Government has launched a website that features charts of local economic data.

The site features information from the Kentucky State Data Center, and some of it is painful. For instance, looking through the site, you can see that population growth has slowed, wages have dropped and employment remained flat for most of the time after the recession (but it is on the upswing now). 

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Local News
3:29 pm
Thu June 14, 2012

Kentucky Unemployment Drops to Match National Rate at 8.2 Percent

The Kentucky's jobless rate has fallen to 8.2 percent.

The latest figures from the Kentucky Office of Employment and Training show the unemployment dropping last month from 8.3 percent in April. This is the 10 consecutive month that a decrease was recorded.

It's also the first time since 2004 that Kentucky unemployment has been equal to or better than the national unemployment rate, which was also 8.2 percent for May.

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