Monday Business Briefing: Pockets of high unemployment impeding local growth; Derby Cafe reopens; Louisville fares well in rankings; and more
Welcome to the March 18 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Economist: Pockets of high unemployment impeding local growth The Louisville area’s inability to bring more of its unemployed people into the labor force has been one of the...
Economist: Recession ‘plausible’ in 2020, more likely in 2021
Louisville’s economy likely will take a bigger hit during the next recession than the rest of the state, but the city’s long-term growth outlook remains above average, a PNC economist said. Gus Faucher, the senior vice president and chief economist of PNC Financial Services...
Breakfast with the Fed: Jobs for the middle class swing low and high
While the national unemployment rate has returned to recent historical norms of about 4 percent, the economy needs to add another two million jobs before it reaches full employment, a Federal Reserve economist said in Louisville Thursday. David Andolfatto, vice president of the Federal...
productivityAugust 19, 2019
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