CBER in the News

21 January 2021 - UKNow

The University of Kentucky will host the 32nd annual Economic Outlook Conference, sponsored by Central Bank, Wednesday, Feb. 3. The conference will be offered from 8:30 a.m.-noon as a webinar. Registration is required, but the registration fee has been waived.

14 January 2021 - Garrett Wymer (WKYT)

LEXINGTON, Ky. (WKYT) - The economy is beginning to bounce back as we approach one year since the start of the pandemic in Kentucky. But some industries have a long road ahead of them.

Many in the hospitality industry say they have just been trying to hang on.

“If you had to use a word,” said Pam Avery, general manager of Embassy Suites Lexington Green and president of the Bluegrass Hospitality Association, “it would be survival.”

22 December 2020 - News Democrat & Leader

Kentucky’s seasonally adjusted preliminary November 2020 unemployment rate was 5.6 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Education and Workforce Development Cabinet (EWDC).

The preliminary November 2020 jobless rate was down 1.7 percentage points from October 2020 and up 1.3 percentage points from the 4.3 percent recorded for the state one year ago.

19 December 2020 - Northern Kentucky Tribune

Kentucky’s seasonally adjusted preliminary November 2020 unemployment rate was 5.6 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Education and Workforce Development Cabinet (EWDC).

The preliminary November 2020 jobless rate was down 1.7 percentage points from October 2020 and up 1.3 percentage points from the 4.3 percent recorded for the state one year ago.

17 December 2020 - Tom Latek (Kentucky Today)

FRANKFORT (KY) —  Kentucky’s unemployment rate last month had a significant drop from October, but still remains above the pre-pandemic level of a year ago, according to figures released by the Kentucky Center for Statistics on Thursday.

The preliminary November 2020 unemployment rate was 5.6%, down 1.7 percentage points from the previous month, but up 1.3 percentage points from the 4.3% recorded for the state in November 2019.

17 December 2020 - Chris Otts (WDRB)

LOUISVILLE, Ky. (WDRB) – Kentucky has regained about two-thirds of the jobs the state lost in the pandemic, but the Bluegrass State still has about 90,000 fewer jobs than in March, according to seasonally adjusted government data released Thursday.

Kentucky’s jobs picture isn’t much different than that of the nation as a whole, which has lost 8.4 million jobs since March.

The number of jobs in Kentucky has declined 4.5% since March, compared to 5.6% in the nation as whole, according to WDRB’s analysis of government data.

1 December 2020 - Austin Horn (The State Journal)

Franklin County’s unemployment rate in 2020 tells a volatile story. 

Two months after a February low of 3.6% unemployment, the county’s rate shot up dramatically to 15.1% in response to the onset of the COVID-19 pandemic. 

By September, the state’s latest figure for Franklin County had the estimated unemployment rate sliding back to 5.5% — a nearly pre-pandemic figure. 

20 November 2020 - Messenger Inquirer

Kentucky’s unemployment rate is on the rise. The Kentucky Education and Workforce Development Cabinet’s Center for Statistics reported a 7.4% rate in October, up from 5.6% the prior month. 

Despite that jump, Mike Clark, the director of the University of Kentucky’s Center for Business and Economic Research, noted more Kentuckians reported working in October. The civilian workforce was nearly 2 million last month, up more than 62,000 from September. 

19 November 2020 - Steve Roger (WTVQ)

Kentucky’s seasonally adjusted preliminary October 2020 unemployment rate was 7.4 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Education and Workforce Development Cabinet (EWDC).

The preliminary October 2020 jobless rate was up 1.8 percentage points from September 2020 and up 3.1 percentage points from the 4.3 percent recorded for the state one year ago.

LEXINGTON, Ky. (Nov. 19, 2020) — Forty-seven Kentucky schools 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.