CBER in the News

17 August 2018

(Bristol Herald Courier)

FRANKFORT, Ky. (AP) — Kentucky officials say the state's unemployment rate increased slightly in July.

The Kentucky Center for Statistics says the state's seasonally adjusted jobless rate was 4.3 percent. The preliminary statewide figure is up slightly from the 4.2 percent rate reported for June. Officials say the July rate was down from the 5 percent unemployment rate in July 2017.

13 August 2018

(Cincinnati Enquirer)

Our economy is currently healthy in several respects. Unemployment is low, and median household incomes have increased.

However, there is a radical imbalance in how the benefits of growth are shared among Kentuckians.

According to the University of Kentucky Center for Business and Economic Research, changes in Kentucky household income from 1979 to 2015 are as follows (Income level; percentile; Kentucky; U.S.):

• Lower income level – 10 percent, down 0.8 percent in Kentucky, up 7 percent in U.S.

19 July 2018

(Glasgow Daily Times)

Though the number of people employed rose, Kentucky's jobless rate increased slightly from May to June. 

According to a report from the Kentucky Center for Statistics, the state's unemployment rate increased from 4.1 percent in May to 4.2 percent in June. The preliminary rate is .9 percent lower than the 5.1 percent mark recorded in June of 2017 for Kentucky. 

(The Lane Report, 19 May 2018)

FRANKFORT, Ky. (May 19, 2018) — Kentucky’s seasonally adjusted preliminary April 2018 unemployment rate was 4 percent, according to the Kentucky Center for Education and Workforce Statistics (KCEWS), an agency of the Kentucky Education and Workforce Development Cabinet. The unemployment rate for April 2018 was unchanged from the 4 percent reported for March 2018.

The preliminary April 2018 jobless rate was down 1.2 percentage points from the 5.2 percent recorded for the state in April 2017.

(The Eagle Post, 1 May 2018)

Christian County is the top dark fire-cured tobacco producing county in Kentucky for 2017, and the county also ranks among the top producers for burley tobacco, dark air-cured tobacco and dark fire-cured tobacco, according to recent county estimates released by the U.S. Department of Agriculture’s National Agricultural Statistics Service.

Christian County produced 8,800,000 pounds of dark fire-cured tobacco from 2,880 acres and was top producer among three counties.

(WDRB, 23 April 2018)

LOUISVILLE, Ky. (WDRB) – According to the Kentucky Cabinet for Education and Workforce Development, the state's unemployment rate was at 4 percent in March, the lowest since 1976.

Growth in tech companies such as the Louisville-based internet marketing firm El Toro is one reason why. It is one of the fastest-growing tech companies in the country from a half-dozen employees less than five years ago, to 90 today. And there are plans to double in size.

(The Lane Report, 9 April 2018)

How is research at the University of Kentucky transforming tomorrow? The UK Research 2017 Annual Report shares the economic impact of UK research, strategic plan progress, national rankings and innovative federally funded research projects in substance abuse, cancer, diabetes and obesity, cardiovascular diseases, neuroscience and aging, and energy.

(Herald Leader, 21 April 2018)

Unemployment in Kentucky is at the lowest rate ever recorded in the 42 years since the federal Bureau of Labor Statistics began providing the data.

The Kentucky Education and Workforce Development Cabinet said the state's seasonally adjusted unemployment in March was 4 percent, down from 5.2 percent a year earlier.

Nationally, unemployment in March stood at 4.1 percent, the same as it was in February. Kentucky's revised unemployment rate for February was 4.1 percent.

Identifying education as the most important factor affecting Kentucky’s economic future, 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 46th Kentucky Annual Economic Report today.

AP (19 January 2018)

FRANKFORT, Ky. (AP) — State officials say Kentucky ended last year with a drop in its unemployment rate.

The Kentucky Center for Education and Workforce Statistics says the seasonally adjusted preliminary rate in December was 4.4 percent. That's down from the 4.7 percent rate in November, and was lower than the 4.8 percent jobless rate across Kentucky in December 2016.

Kentucky's jobless rate last month was slightly above the 4.1 percent national rate.