Kentucky Chamber of Commerce http://wfpl.org en Kentucky Is Growing In Jobs, But Not In Wages, Study Says http://wfpl.org/post/kentucky-growing-jobs-not-wages-study-says <p><span style="line-height: 1.5;">Most regions of Kentucky are adding jobs, but most of those jobs don't pay very much, according to a recent analysis of the state's economy by the Kentucky Chamber of Commerce.</span></p><p>University of Louisville economist Paul Coomes said four of the state's nine regions are above the national average in terms of job growth. But the average pay per job in all nine regions was lower than the national average.</p> Fri, 27 Jun 2014 18:09:52 +0000 Associated Press 9658 at http://wfpl.org Kentucky Is Growing In Jobs, But Not In Wages, Study Says Kentucky's General Fund Expected to Grow 2.5 Percent Over Next 2 Fiscal Years http://wfpl.org/post/kentuckys-general-fund-expected-grow-25-percent-over-next-2-fiscal-years <p>A panel of nonpartisan economists reports that Kentucky’s General Fund is expected to grow by just over 2.5 percent over the next two fiscal years.</p><p>That'll bring in about half a billion dollars. But in next year's budget, half of that will likely go toward pension payments, inflation on medical care costs and paying down nearly $160 million of a structural budget deficit.</p> Fri, 20 Dec 2013 15:00:00 +0000 Jonathan Meador 7966 at http://wfpl.org Kentucky's General Fund Expected to Grow 2.5 Percent Over Next 2 Fiscal Years In Wake of Financial Downgrade, Kentucky Business Leaders Call for Quick Pension Reform http://wfpl.org/post/wake-financial-downgrade-kentucky-business-leaders-call-quick-pension-reform <p></p><p><span style="line-height: 1.5;">Another change in Kentucky’s financial outlook has the state’s business leaders calling on the General Assembly for immediate pension reforms.</span></p><p><span style="line-height: 1.5;">Standard and Poor’s has changed Kentucky’s outlook to negative, citing the state's large unfunded pension obligations as the main reason.</span></p> Fri, 01 Feb 2013 17:02:25 +0000 Kenny Colston 3756 at http://wfpl.org In Wake of Financial Downgrade, Kentucky Business Leaders Call for Quick Pension Reform Kentucky Chamber Joins Hemp Supporters http://wfpl.org/post/kentucky-chamber-joins-hemp-supporters <p></p><p>Kentucky Agriculture Commissioner James Comer has landed a high-profile supporter for his efforts to legalize hemp in Kentucky.</p><p>The state’s largest business group, the Kentucky Chamber, has come out in support of industrial hemp for oil and fiber, provided there is a sound regulatory process.</p><p>Many of the state’s federal lawmakers support the issue as well, including Congressmen Andy Barr, John Yarmuth and Thomas Massie and Senator Rand Paul.</p><p>A bill to legalize hemp was filed in the Kentucky Senate Friday by the&nbsp; agriculture committee chair.</p> Fri, 11 Jan 2013 20:30:24 +0000 Kenny Colston 3384 at http://wfpl.org Kentucky Chamber Supports Right to Work Legislation http://wfpl.org/post/kentucky-chamber-supports-right-work-legislation <p>The Kentucky Chamber of Commerce is taking a firmer stand on conservative issues.</p><p>Republican legislators have criticized the chamber in the past for supporting Democratic-led proposals like expanded gambling and a higher dropout age while staying quiet on so-called right to work and prevailing wage laws.</p><p>But in <a href="http://www.scribd.com/doc/100352616/Jobs-Report">the chamber&#39;s latest annual report</a>, right to work and other conservative issues are more prominent.</p><p>Such legislation has caused lengthy political battles in other states, recently in Indiana.</p> Tue, 17 Jul 2012 21:00:11 +0000 Kenny Colston 1042 at http://wfpl.org