Employment

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Kentucky's unemployment rate was slightly down last month. The Office of Employment and Training says the seasonally adjusted preliminary rate for February was 4.9%. 

The U.S. added 235,000 jobs in February, while the unemployment rate nudged down a tenth of a percentage point to 4.7 percent. The monthly report released Friday by the Bureau of Labor Statistics fell roughly in line with economists' expectations: Healthy economic growth continuing January's strong showing.

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Kentucky's unemployment rate stayed at 4.8% in December.

The U.S. added 156,000 jobs last month and hourly wages rose by 10 cents, according to the monthly jobs report from the Bureau of Labor Statistics.

The unemployment rate was little changed; it ticked up slightly to 4.7 percent, compared to November's 4.6 percent.

Economists had been watching closely to see if the jobs report reflected a rise in wages.

Unemployment dropped by 0.3 percentage points, to 4.6 percent, last month — the lowest rate since 2007 — according to the monthly jobs report from the Bureau of Labor Statistics.

The Obama administration is challenging a federal judge's decision last month to block the implementation of a new rule that would have made 4 million more Americans eligible for overtime pay.

The Department of Labor and its co-defendants filed a notice of appeal at the U.S. District Court for the Eastern District of Texas on Thursday, the same day that the rule was set to take effect before the temporary injunction was issued.

winktrailercorp.com

An aluminum trailer manufacturer is locating to Dawson Springs, creating 50 full-time jobs. Wink Equipment is investing $1.55 million the deal, including building a 69,000 square foot facility. 

Matt Markgraf, WKMS

Murray State University is not reversing recent human resource changes as the court-blocked FLSA deadline nears. FLSA, or the Fair Labor Standards Act, was set to begin December 1, but a federal judge blocked the rule last week

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A federal appeals court has validated Hardin County’s right-to-work law, which prohibits companies from requiring workers to pay union dues. The order reverses a lower court ruling.

More Americans are making more money.

The U.S. Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.

But, as NPR's Pam Fessler notes, "the median household income was still lower than it was in 2007."

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