News
8 March 2021 - Steve Rogers (WTVQ)
Kentucky’s annual unemployment rate for 2020 was 6.6%, up from 4.1% in 2019, according to the Kentucky Center for Statistics, an agency of the Kentucky Education and Workforce Development Cabinet.
The U.S. annual unemployment rate jumped to 8.1% in 2020 from 3.7% in 2019.
The U.S. Bureau of Labor Statistics’ estimate of the number of employed Kentuckians for 2020 was 1,885,645. This figure was down 99,017 from the 1,984,662 employed in 2019.
23 February 2021 - Liz Carey (Business Lexington)
The COVID-19 pandemic will have far-reaching consequences for Kentucky’s workforce and economy, experts say, and those hit hardest will be the industries that take the longest to recover.
How has the COVID-19 pandemic impacted housing across the United States and Kentucky? This policy brief examines one of the seconary impacts of the COVID-19 pandemic, beyond the broader economy and health, by looking at housing security in Kentucky and the United States overall. Using data from the Pulse Household Survey and the Bureau of Labor Statistics, we review households' payment status, likelihood of foreclosure or eviction, and employment between April and December 2020.
14 February 2021 - Keith Lawrence (Messenger-Inquirer)
The Kentucky Chamber of Commerce recently released the first of a series of quarterly reports, “Kentucky’s Economic Recovery: A Quarterly Update of Workforce, Employment, State GDP, and Exports,” in a partnership with the University of Kentucky Center for Business and Economic Research.
It traces what the coronavirus pandemic, which hit in March, did to the state’s economy and how the recovery is coming.
The report says the pandemic has “shaken the economy to its core.”
9 February 2021 - Jacqueline Pitts (The Lane Report)
On Tuesday, The Kentucky Chamber of Commerce released the first of a new series of quarterly reports, “Kentucky’s Economic Recovery: A Quarterly Update of Workforce, Employment, State GDP, and Exports‘,” to track Kentucky’s economic recovery in partnership with the University of Kentucky Center for Business and Economic Research.
9 February 2021 - Kentucky New Era
The Kentucky Chamber of Commerce released the first of a new series of quarterly reports, “Kentucky’s Economic Recovery: A Quarterly Updated of Workforce, Employment, State GDP, and Exports,” on Tuesday to track Kentucky’s economic recovery in partnership with the University of Kentucky Center for Business and Economic Research.
In addition to causing a global health crisis, the COVID-19 pandemic has also shaken the economy to its core, stated the press release.
3 February 2021 - Steve Rogers (WTVQ)
LEXINGTON, Ky. (UK Public Affairs) — Describing the many ways in which the COVID-19 pandemic affected Kentucky’s economy, 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 49th Kentucky Annual Economic Report.
3 February 2021 - UKNow
Describing the many ways in which the COVID-19 pandemic affected Kentucky’s economy, 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 49th Kentucky Annual Economic Report today.
This report is one of the important ways that the Center for Business and Economic Research fulfills its mission to examine various aspects of the Kentucky economy. The analysis and data presented here cover a variety of topics that rangefrom an economic forecast for Kentucky in 2021 to a broad presentation of factors affecting the economy.
22 January 2021 - Northern KY Tribune
Kentucky’s seasonally adjusted preliminary December 2020 unemployment rate was 6 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Education and Workforce Development Cabinet (EWDC).
The preliminary December 2020 jobless rate was up 0.3 percentage points from November 2020 and up 1.7 percentage points from the 4.3 percent recorded for the state one year ago.
