Thursday, April 2, 2009

Louisville is sporting a 10% unemployment rate

According to the news & tribune the home of the Kentucky Derby is currently sporting a 10% unemployment rate (As of February 2009).

This rate is up 60 basis points from January's 9.4% unemployment rate in January...

Clearly the big race held on the first weekend in May will be a temporary big bump to the region's economy, but Louisville will need more stimulus to get the employment and jobs situation to improve.

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