Economy
Where exactly are all the AI jobs?
The desire for artificial intelligence skills in new hires has exploded over the last five years, and continues to be a priority for hiring managers across nearly every industry, data from Stanford University’s annual AI Index Report found. In 2023, 1.6% of all United States-based jobs required AI skills, a slight dip from the 2% […]
Nuclear industry eyes Kentucky but don’t expect nuclear power plants anytime soon
FRANKFORT — The director of an energy research center at the University of Kentucky told state lawmakers Friday it’s not likely a nuclear power plant will be built in Kentucky over the next 10 years, though some nuclear energy companies are interested in moving to the state.? A new state law passed by the GOP-dominated […]
Kentucky State University, state public health department partner to bolster workforce
Kentucky’s Department of Public Health will now offer an internship program to Kentucky State University students who wish to get hands-on experience in the field while studying.? Employees of the Department of Public Health (KDPH) will also get tuition assistance for continuing their education at Kentucky State University (KSU). Such employees can take five or […]
A look at how federal plans could make the costs of housing more affordable?
As renters and would-be homeowners struggle with the high cost of housing, the Biden administration has announced policies to address this strain on household budgets. That includes $100 million in funding for a program to incentivize affordable housing production and streamlining loan application processes to expedite building more housing. Some of those proposals – such […]
KY housing shortage will worsen without action, low-income renters most vulnerable, says study
LOUISVILLE — A leader of a national real estate research firm says if no action is taken over the next five years on Kentucky’s housing shortage, more Kentuckians could be forced to live in substandard housing, live with family or friends in crowded spaces, deal with severe housing costs or become homeless. Patrick Bowen, the […]
Fiscal path clear for another cut in Kentucky’s income tax, lawmakers hear
Kentucky’s state budget director told lawmakers Wednesday that fiscal thresholds established by the GOP-dominated legislature before the state income tax can be lowered have been met at the end of this fiscal year.? That means Kentucky lawmakers are likely to vote to reduce the state’s income tax rate by another half-percentage point to 3.5% during […]
Kentucky hospital workforce is rebounding, but still has too many vacancies??
Kentucky’s non-doctor health care workforce is on the mend, though state hospitals still have thousands of unfilled positions.? That’s according to an August report released by the Kentucky Hospital Association that shows 12% of positions in the state’s hospitals were empty in 2023, with nurses being the most in-demand. The data comes from 94% of […]
Some of the poorest Kentuckians pay the highest power bills because their houses leak energy
Investor-owned Kentucky Power faced strong criticism last year when it asked to increase its electricity rates in response to “historic” economic decline among the 20 Eastern Kentucky counties it serves.? The Kentucky Public Service Commission (PSC) ultimately slashed the proposed rate hike by over two-thirds, approving a 5.66% increase in residential bills. But as part […]
Kentucky’s housing shortages receive legislative scrutiny
Kentucky doesn’t have enough housing. On that even the state’s lawmakers can agree. But the reasons for the shortages differ from community to community, exacerbated by natural disasters in some counties and a booming economy in others.? A task force, established by the GOP-dominated legislature earlier this year to better understand the state’s housing needs, […]
Harris’ California health care battles signal fights ahead for hospitals if she wins
When Kamala Harris was California’s top prosecutor, she was concerned that mergers among hospitals, physician groups, and health insurers could thwart competition and lead to higher prices for patients. If she wins the presidency in November, she’ll have a wide range of options to blunt monopolistic behavior nationwide. The Democratic vice president could influence the […]
Study says undocumented immigrants paid almost $100 billion in taxes
A new study shows that undocumented immigrants paid nearly $100 billion in federal, state and local tax revenue in 2022 while many are shut out of the programs their taxes fund. The findings run counter to anti-immigrant rhetoric that undocumented immigrants are “destroying” social programs. In 40 states, undocumented immigrants paid higher tax rates than […]
Lawmakers join KY’s largest addiction treatment provider to oppose Medicaid payment cuts
FRANKFORT — The state’s largest provider of drug and alcohol treatment is warning that looming cuts in Medicaid reimbursement to some providers could damage efforts to curb addiction that has engulfed Kentucky — just as the state is showing improvements. “Kentucky has made significant strides in access to treatment,” Matt Brown, chief administrative officer for […]