kentucky jobs

Focus On Business: Bill Bissett on Kentucky Coal

Feb 8, 2016

Near the end of 2011, about 19,000 people were employed by Kentucky coal mines and preparation plants.  By this past October, the number for all of Kentucky was down to about half that.  The decline was worse than that in the Eastern coalfields.  Nationwide, production dropped as much as 10% in this past year and companies have been filing for bankruptcy.  Tom Martin discussed these issues with Dr. Bill Bissett, president of the Kentucky Coal Association.  

Sara Day Evans of Midway is the founding director of Accelerating Appalachia, described on its website as a “nature-based” business accelerator. The idea is to support the growth of entrepreneurialism in areas like eastern Kentucky where the decline of coal mining and related businesses has cost middle class jobs and driven young talent out of the region in search of better opportunities.

wtvq.com

Kentucky officials say the state's unemployment rate has dropped to its lowest level since the spring of 2001.

The state Office of Employment and Training said Thursday that last month's preliminary jobless rate was 4.9 percent, down from a 5 percent rate in September. The statewide rate in October 2014 was 5.6 percent.

Last month's statewide rate matches the 4.9 percent rate in May 2001.

Focus On Business: Jerry Rickett on the "Promise Zone"

Nov 17, 2015

President Obama designated Eastern Kentucky as one of the first five rural regions in the country to benefit from the administration’s “Promise Zone” program. Federal agencies partner with local communities and businesses to create jobs, improve educational opportunities, build private investment and improve public safety. All of this is being coordinated by the Kentucky Highlands Investment Corporation where Jerry RIckett is president and CEO. He shared details with Tom Martin.

wkyt.com

State officials say unemployment rates fell in 117 of Kentucky's 120 counties between January 2014 and January 2015.