Louisville Stats

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Category: Employment (page 1 of 2)

Louisville Adding Jobs Faster Than Any Other City in Kentucky

As the United States recovered from the recession and began one of its longest periods of economic growth, the unemployment rate fell to 4.4%, nearly its lowest point in a decade and far less than its peak of 10.0% in October 2009. One driver of economic growth was the nation’s cities, which together added approximately […]

Why Finding Full-Time Work is Harder in Kentucky

The U.S. unemployment rate is currently 4.4%, nearly its lowest point in a decade. While the unemployment rate reflects the millions of Americans who are out of work and actively seeking employment, the measure does not fully capture the degree to which Americans are unable to find the jobs they want. In addition to those […]

Louisville Unemployment Rate On Par With Nation

Nationwide, 4.4% of the American labor force is unemployed, a large improvement from the recessionary unemployment peak of 9.9% in 2010. In the Louisville/Jefferson County metro area, the unemployment rate of 4.2% is roughly similar to the national figure and far lower than the city’s recessionary peak unemployment rate of 10.1%. The industry composition within […]

Why Doctors Are Paid Less in Kentucky

There are more medical doctors in the top 1% of earners than any other profession. The average salary of family and general practitioners nationwide is $192,120. Doctors who choose to specialize can earn even higher salaries. Anesthesiologists, for example, are among the highest paid medical professionals, earning about $258,000 a year on average. The average […]

Continuous Mining Machine Operators Hold the Most Iconic Job in Kentucky

Whether it is a gaming supervisor in Nevada, a farm worker in California, an extraction worker in North Dakota, or a petroleum engineer in Texas, one occupation is often more strongly associated with a state than any other. Such iconic occupations can be identified across the country, and often highlight each state’s unique contribution to […]

Kentucky Unemployment Improves in 2016

With 2016 unemployment rates of 2.7%, New Hampshire and South Dakota replaced North Dakota as the states with the lowest unemployment rates — the Bureau of Labor Statistics reported on Tuesday. New Mexico’s 6.7% unemployment rate is the highest in the country, pushing West Virginia and Nevada out of that position. National unemployment figures were […]

Kentucky Has Added 61,600 Jobs Since the Great Recession

The U.S. economy has changed drastically in the past decade. As the housing bubble burst and the economy spiraled into the worst recession the country has faced since the Great Depression, unemployment hit a multi-decade high of 10% in 2009. Despite major setbacks, the U.S. economy began improving in June 2009, and many parts of […]

Kentucky is Among the Hardest States to Find Full-Time Work

More than a quarter million jobs were added to the U.S. economy in July, and the official unemployment rate remained unchanged at just under 5%, according to the latest jobs report from the Bureau of Labor Statistics. However, some of these jobs were undesired part-time positions, and the official unemployment rate often gives an incomplete […]

Kentucky Has the 4th Highest Share of People on Disability

More than 10 million Americans received Social Security disability benefits in 2014. These benefits — paid to disabled workers, disabled widows and widowers, and some other disabled adults — totaled $11.4 billion per month nationwide, a substantial increase from the $6.1 billion paid monthly a decade earlier. The number of disability beneficiaries varies between states. […]

Louisville is the 18th Best City to Find Great Jobs

When thinking of relocation, Americans consider an area’s job prospects as among the most important factors. While other factors such as the school system or the cost of housing may play a role, a job ensures the viability of the relocation. Of course, one person’s great job may not suit another person’s skill set. Still, […]

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