Employment

Anna Bizoń, 123rf Stock Photo

Kentucky’s leaders are grappling with how to get more of the state’s residents into the labor force. 

Kentucky Labor Cabinet

  Governor Matt Bevin’s administration is counting on a growing apprenticeship program to help fill Kentucky’s future workforce needs.

Anna Bizoń, 123rf Stock Photo

The Kentucky unemployment rate is now on par with the national average. The July jobless rate dipped to 4.9% from 5% in June. 

Anna Bizoń, 123rf Stock Photo

State officials say Kentucky’s unemployment rate fell slightly in June. The state Office of Employment and Training said Thursday that last month's jobless rate dropped to 5 percent, down from a revised 5.1 percent in May. 

The Labor Department's May jobs report, released Friday, was surprisingly bad.

Economists scrambled to explain why they hadn't seen a hiring dropoff coming. Most had predicted about 160,000 new jobs for May, but in fact, only 38,000 materialized. That was the smallest increase since September, 2010.

The U.S. economy added just 38,000 jobs in May, according to the Bureau of Labor Statistics in its monthly report — far fewer than the 160,000 that economists had anticipated.

NPR business editor Marilyn Geewax called the number "shockingly low."

The unemployment rate declined by 0.3 percentage points, the Bureau says, to 4.7 percent — but that can be attributed to people dropping out of the workforce, Marilyn says.

123rf Stock Photo

Trigg County is one of three more Kentucky communities certified as work ready. 

Kentucky Education and Workforce Development Cabinet Secretary Hal Heiner said in a statement the county is now on the official list of Kentucky Work Ready Communities. 

The U.S. economy gained 242,000 jobs in February while average wages dropped slightly, according to a Bureau of Labor Statistics report released Friday.

The unemployment rate held steady at 4.9 percent.

The report indicates stronger job growth than expected, and an improvement over the previous month. January's count of 151,000 new jobs — far lower than had been anticipated — was revised upward, to 172,000. And the job gains for December were also revised upward, from 262,000 to 271,000.

iStockPhoto

Kentucky’s rate of unemployment rose slightly to 5.8 percent in January this year.  

According to the state Office of Employment and Training, the preliminary January jobless rate was half a percentage point above the 5.3 percent rate recorded in January 2015.  

No question, this was a traumatic, sad week because of the mass shooting in San Bernardino, Calif. It's not easy to turn to good news.

But putting grief aside for a moment, there were indeed positive developments for the country in recent days. With cheaper energy, more jobs and higher stock prices, most Americans have been seeing their financial situations improve. Here are some of this week's highlights:

Pages