Jobs

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.

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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.  

The U.S. economy added 292,000 jobs in December while unemployment held steady at 5 percent, according to the latest figures from the Bureau of Labor Statistics.

The number of new jobs was higher than many economists had anticipated; NPR's John Ydstie says experts had expected about 200,000 new jobs.

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A new report is offering a snapshot of how Kentucky’s economy has fared since the end of the national recession. 

In a report prepared for the Kentucky Chamber of Commerce, University of Louisville Economics Professor Paul Coomes says the Bluegrass State now has 20,000 jobs above it's pre-recession peak. 

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:

The U.S. economy added 211,000 jobs in November, the Labor Department says in its new report. The unemployment rate remained steady at 5 percent, according to the monthly data from the agency's Bureau of Labor Statistics – the last such report before the Fed meets later this month.

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The latest Kentucky unemployment report shows the state’s jobless rate at the lowest it’s been in 14 years.

Matt Markgraf, WKMS

The third week of November is Global Entrepreneurship Week and for the second year in Hopkinsville, the Kentucky Innovation Network Office at Murray State University is hosting an Entrepreneur Resource Fair, featuring workshops for those seeking to start a business or help growing an existing business. Loretta Daniel, Director of the regional office stops by Sounds Good to speak with Tracy Ross about the entrepreneurial climate in western Kentucky and the workshops on November 17.

iciscientific.com

  A Paris, Tennessee-based casework company is expanding their operations to Union City and creating 200 jobs in the process.

Updated at 9:50 a.m. ET

The Labor Department says the U.S. economy added 173,000 jobs in August, a figure that fell short of expectations but nonetheless appeared to shrug off turmoil in overseas markets, particularly China.

In a separate survey, the department's Bureau of Labor Statistics said the unemployment rate had dipped to 5.1 percent — a seven-year low.

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