The worst thing about the collapsing stock market is that stock prices are leading indicators of economic performance. Employment is a lagging indicator. That means we're likely in for more trouble, and lots of it.
Unemployment rose in the Metro area from 9.9 percent in May, to 10.3 percent in June. In a local labor force of 379,568, there are 39,111 out of work.
The amount of ordinance in the neighborhoods this Fourth of July highlights the extreme injustice of our economic policy.
Local news for June 24, 2011
Sources are telling Louisville.com that 50 employees have been laid off at the Louisville Courier Journal, in what seems to be a nationwide two percent staff reduction by the Courier's parent company Gannett.
Local news for June 17, 2011
President Obama makes jokes about the state of the economy. Senator McConnell doesn't see any humor in massive unemployment.
Attention job seekers...help is here!
Local news for April 15, 2011
Local news for March 25, 2011
Local news for Jan. 14, 2011
Local news for Sept. 30, 2010