UK Gatton College of Business and Economics
 

CBER in the News

State unemployment rate drops to 4.1% in February 2019

FRANKFORT, Ky.  (March 21, 2019, The Lane Report) — Kentucky’s seasonally adjusted preliminary February 2019 unemployment rate was 4.1 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for February 2019 was down from the 4.2 percent reported for January 2019.

The preliminary February 2019 jobless rate was down 0.2 percentage points from the 4.3 percent recorded for the state in February 2018.

Kentucky’s 2018 annual unemployment rate falls to 4.3%

FRANKFORT, Ky. (March 4, 2019 - The Lane Report) — Kentucky’s annual unemployment rate dropped to 4.3 percent in 2018 from 4.9 percent in 2017, while nonfarm employment gained 10,500 jobs, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Workforce Development Cabinet.

It was the lowest annual jobless rate for the state since 2000 when the rate was 4.2 percent.

The U.S. annual unemployment rate dropped to 3.9 percent in 2018 from 4.4 percent in 2017.

UK Center Releases Report on Kentucky’s Economy

LEXINGTON, Ky. (Feb. 13, 2019) — Identifying place and preparation as key factors affecting prosperity, the Center for Business and Economic Research (CBER) — the applied economic research branch of the Gatton College of Business and Economics at the University of Kentucky — released its 36th Kentucky Annual Economic Report today.

CBER Director on UK at the Half during Kentucky-Kansas basketball game

26 January 2019

Listen to Carl Nathe's interview with CBER Director, Jenny Minier, during the Kentucky v. Kansas game ("UK at the Half").

UK Climbs in National Research Rankings, Bolsters Kentucky’s Economy

LEXINGTON, Ky. (Jan. 31, 2019) (Alicia Gregory) — A recent national survey of what universities spend on research and development activities shows steady growth in the University of Kentucky’s research enterprise and the significant impact of federal funding on UK’s faculty, staff and students engaged in research.

UK spent $378.4 million to carry out research and development in fiscal year 2017.

Of the $378.4 million in R&D expenditures, 45 percent ($171.3 million) came from federal sources, like the National Institutes of Health.

'Behind the Blue': Gatton Economist Jenny Minier Directs CBER

LEXINGTON, Ky. (Jan. 29, 2019) (Carl Nathe) — The Center for Business and Economic Research (CBER) is the applied economic research branch of the University of Kentucky’s Gatton College of Business and Economics. Its purpose is to disseminate economic information and provide economic and policy analysis to assist decision makers in Kentucky’s public and private sectors.

Kentucky unemployment drops to 4.4% in December 2018

17 January 2019

(The Lane Report)

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary December 2018 unemployment rate was 4.4 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for December 2018 was down from the 4.5 percent reported for November 2018.

The preliminary December 2018 jobless rate was down 0.1 percentage points from the 4.5 percent recorded for the state in December 2017.

Kentucky's Unemployment Rate Remains At 4.5 Percent

20 December 2018

(WEKU, Stu Johnson)

The preliminary November unemployment rate for Kentucky is a familiar figure.  The 4.5 percent jobless figure for last month equals the rate in October and also a year ago in November.

November 2018 unemployment report released

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary November 2018 unemployment rate was 4.5 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for November 2018 was unchanged from October 2018.

The state’s jobless rate was also at 4.5 percent in November 2017.

The U.S. seasonally adjusted jobless rate for November 2018 was 3.7 percent, also unchanged from its October 2018 level, according to the U.S. Department of Labor.

State Releases September 2018 Unemployment Report

18 October 2018

(The Lane Report)

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary September 2018 unemployment rate was 4.5 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Workforce Development Cabinet. The unemployment rate for September 2018 was up from the 4.4 percent reported for August 2018.

The preliminary September 2018 jobless rate was down 0.2 percentage points from the 4.7 percent recorded for the state in September 2017.