Posted May 06, 2018 04:00:10 The economic recovery in Kentucky is moving forward, but many people are still struggling to get by.
Here’s a look at the state’s economic situation.
READ MORE story from the Kentucky Department of Economic Development (DEED) The state of Kentucky is still a long way from a full recovery, but that is expected to change over the next few years, according to a report released this week by the state Department of Employment Services.
The report, released in partnership with the Kentucky Economic Development Council, also finds that Kentucky is “moving in the right direction” and will grow in the coming years.
It projects Kentucky’s economy will grow by 3.3 percent this year and 3.5 percent in 2018.
Kentucky has experienced a resurgence of activity over the last two years.
According to the report, Kentucky’s unemployment rate has fallen to 4.5% from 4.8% in 2016.
Unemployment is expected at 2.4% in 2021.
More than a third of Kentucky’s jobs are located in the metropolitan areas of Louisville, Lexington and Lexington-Fayetteville.
The state has also seen an uptick in job growth in rural areas.
Kentucky also experienced a rebound in the number of companies expanding their operations to expand their businesses.
Since 2014, Kentucky has added more than 100,000 private sector jobs.
The number of manufacturing jobs has more than doubled, to more than 9 million.
Kentucky is one of the states that is leading the nation in job creation, the report found.
The report also found Kentucky continues to see the fastest growth in population growth, which is projected to reach over 3 million people by 2037.
“The growth in the population is an economic development boon for the state,” said Mike O’Connor, DEED’s director of state and local policy.
“Kentucky’s population is growing at about twice the rate of the national average, and we expect that to continue to grow over the coming decades.”
The report also projects that Kentucky will remain one of Kentucky, if not the nation, in population for the next 20 years.
Kentucky currently has a population of just over 2.5 million people.
But the economic recovery is taking longer than expected.
There are currently about 9.2 million people in Kentucky working full-time.
That number is expected grow to 9.3 million by 2027.
In 2018, Kentucky had a job growth rate of 3.6 percent.
Kentucky’s labor force participation rate, the percentage of the population working full time, rose to 63.1 percent, a three-year high.
While Kentucky’s economic recovery has been strong, the unemployment rate remains high, at 9.6%.
The unemployment rate in Kentucky was 5.8 percent in the first quarter of 2019, but rose to 8.1 in the third quarter.
About 6.5 jobs were added each day in the Kentucky economy in the fourth quarter of 2018.
The unemployment number rose to 5.9 percent.
It’s hard to tell exactly how many jobs are still open in the state right now.
According to the DEED, about 70,000 jobs remain unfilled in Kentucky.
About 9,000 of those jobs are in Kentucky’s agriculture industry.
In the manufacturing sector, about 1,000 positions remain unfillable.
The employment rate in the agriculture industry has stayed steady for the past six months, at 5.5%.
The report says the number one job that Kentucky needs is for the unemployed.
To address this, DEEED plans to expand a statewide job training and employment assistance program.
This program will help individuals who are not employed or looking for work find jobs in the local economy.
The job training program is designed to help those who are looking for employment find work in the community, and provide those individuals with skills and training that will lead them to gain employment in the economy.
The DEED also plans to provide job training to students who are still in school, as well as to the recently-displaced individuals who have returned to their home state after their jobs were eliminated.
DEED also anticipates that over the course of the next several years, the state will see a net gain in jobs.
By 2037, Kentucky is projected not only to have more than 1 million people working fulltime, but also to add over 700,000 more jobs.