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Apr 30, 2024
3 min

Unemployment Relief May Be Hard to Come by for Some Kentuckians

The coronavirus has catapulted the number of unemployment claims in the United States to the highest numbers in recorded history. Unfortunately, Kentucky is no exception. The most recent data available indicates that for the week of April 18, 2024 there were 103,548 new unemployment filings in Kentucky, almost 4 times more than at the peak of recession (25,057). The Tax Foundation created an interactive chart for each state comparing new and continued unemployment claims to t

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Apr 21, 2024
2 min

Kentucky Could Be Out of Money to Pay Unemployment Benefits in Less Than a Month

After an unprecedented four weeks, three of which have set all time records for the number of Kentuckians filing for unemployment, the state’s unemployment insurance trust is projected to be approximately a month away from running out of money. National comparisons show Kentucky’s overall Unemployment Insurance Trust Fund solvency ranking 45th in the United States, only having enough money for about 4 more weeks of payments. Research by Pegasus Institute echoes those projecti

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Apr 20, 2024
2 min

Kentucky's Per Capita Unemployment Claims More than 20% Higher Than Next Closest Neighboring Sta

A Pegasus Institute study found that Kentucky has experienced more new unemployment claims per 100,000 residents over the last four weeks than any neighboring state by a wide margin. Data from the past four weeks of unemployment claims for every state in the region show that Kentucky is not just highest per capita, but more than 20% higher than the next closest state, Ohio. Since the week ending on March 21st, the first week of unemployment data after the economic shutdown re

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Apr 9, 2024
1 min

Kentucky 8th Highest in United States in Unemployment Claims, Highest in Region

New data compiled by The Tax Foundation, using today's record unemployment numbers, shows that Kentucky is 8th highest in the United States in unemployment compensation claims as a percentage of the civilian workforce. As of April 4th, 11.9% of Kentucky's civilian labor force has applied for or is receiving unemployment compensation. Among neighboring states, only Ohio joins Kentucky in double digits, with 11.5% of its population having applied for or receiving unemployment c

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Jun 5, 2024
2 min

Unemployment Insurance Used Longer Than National Average in 9 of 10 Kentucky Regions

New Report: Since the deepest points of the Great Recession, the number of people in the labor market who are unemployed has dropped by 64 percent, a remarkable testament to the strength of our recovery. The decrease, even with the considerable increase in the labor market as a whole, has caused a precipitous drop in the unemployment rate, which is matching its lowest marks ever recorded. Our unemployment insurance structure remains a problem however, and one that is having a

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