UK Gatton College of Business and Economics
 

CBER in the News

Hazard Independent Schools named one of twelve Bright Spots

24 September 2019 - Lacey Roberts (WYMT)

Twelve Kentucky school districts were named 'Bright Spots' in a new report by The Center for Business and Economic Research (CBER) in the UK Gatton College of Business and Economics.

One of the districts included is Hazard Independent Schools.

Superintendent Sondra Combs says she is proud to call Eastern Kentucky home. "Growing up here a lot of times people think, oh Eastern Kentucky, you know, they can't do as well," she said. But Hazard Independent proved those stereotypes wrong with high achievement scores.

12 Kentucky School Districts Named 'Bright Spots' in UK, Prichard Committee Report

24 September 2019 - Lindsey Piercy

Twelve Kentucky school districts have been labeled "bright spots" in a new report released by The Center for Business and Economic Research (CBER) in the Gatton College of Business and Economics at the University of Kentucky.

Kentucky unemployment rate rose slightly in August

23 September 2019 - Associate Press

Kentucky officials said the state's unemployment rate rose slightly in August.

The Kentucky Center for Statistics said the state's seasonally adjusted jobless rate was 4.4 percent last month. The preliminary figure is up from the 4.3 percent rate in July. Last month's rate was unchanged from the statewide jobless rate in August 2018.

State officials said Kentucky's trade, transportation and utilities sector gained 1,500 jobs last month. The leisure and hospitality sector grew by 900 positions.

State unemployment rate up slightly

21 September 2019 - Tom Latek

Figures released this week by the Kentucky Education and Workforce Cabinet showed an uptick in the state's unemployment rate in August.

According to the Kentucky Center for Statistics, August's jobless rate was 4.4%, up 0.1% from July, and the same as August 2018. Kentucky remains above the national average, which was 3.7%, unchanged from July 2019, according to the U.S. Department of Labor.

Kentucky unemployment rate increases slightly in August

20 September 2019 - Associated Press

Kentucky officials say the state's unemployment rate increased slightly in August.

The Kentucky Center for Statistics says the state's seasonally adjusted jobless rate was 4.4% last month. The preliminary figure is up from the 4.3% rate in July. Last month's rate was unchanged from the statewide jobless rate in August 2018.

State officials say Kentucky's trade, transportation and utilities sector gained 1,500 jobs last month. The leisure and hospitality sector grew by 900 positions.

Kentucky Education and Workforce Development Cabinet releases August 2019 unemployment report

19 September 2019

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary August 2019 unemployment rate was 4.4%, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for August 2019 was up from the 4.3% reported for July 2019.

The preliminary August 2019 jobless rate was unchanged from the 4.4% recorded for the state in August 2018.

UK Professor Says Gas Price Spike Might Be Short Term

16 September 2019 - Monica Harkins (WTVQ)

After an attack on a Saudi Arabian oil facility this weekend, the price of gas is a concern here in the U.S.

CNN reports, head of petroleum analysis at Gasbuddy, Patrick Dehaan, estimates the hike is a matter of cents. He said people could see prices go up from 10 to 25 cents a gallon in the next few weeks.

ABC 36 talked to Mike Clark, the UK Interim Director of the Center for Business and Economic Research about the seriousness of the attack from a U.S. perspective.

2019’s Hardest-Working States in America

26 August 2019 - Adam McCann (WalletHub)

Americans are hard workers, putting in an average of 1,780 hours per year, according to the World Economic Forum. That’s about 425 hours per year more than Germans work, but about 370 less than Mexicans do.

State pondering minimum wage hikes; hourly rate would more than double

22 August 2019 - Bailey Loosemore and Ben Tobin (Louisville Courier Journal)

Ian Pollock spends most of his days in a restaurant kitchen, calling out orders to a line of cooks.

The job requires good communication and organization, skills Pollock has learned over a decade in the business. It pays $12 an hour, well above Kentucky's minimum wage of $7.25.

For a single adult, that wage is probably enough to earn a living. But Pollock splits custody of his 10-year-old son, which means it's barely enough to scrape by.

Kentucky's July Unemployment Numbers Up Slightly

16 August 2019 - Tom Kenny (WTVQ)

Kentucky’s seasonally adjusted preliminary July 2019 unemployment rate was 4.3 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for July 2019 was up from the 4.1 percent reported for June 2019.

The preliminary July 2019 jobless rate was down 0.1 percentage points from the 4.4 percent recorded for the state in July 2018.