Fri June 27, 2014
Kentucky Is Growing In Jobs, But Not In Wages, Study Says
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.
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.
Northern Kentucky had the highest growth in average pay at 18 percent, while the mountain region in eastern Kentucky had no growth. The national average for wage growth since the last recession is about 23 percent.
More on the research can be found here.
Coomes will expand on his report during a July 22 speech during the chamber's annual meeting in Louisville.