Friday, October 10, 2008
Kentucky Revenue Drops...Unemployment Rises
Governor Steve Beshear says in September, state revenue dropped by 4.6% He also announced he has assembled a team of top government officials to look for ways to protect and expand the state's economy.
Earlier this year, Kentucky lawmakers approved a 2-year, $19-billion state budget, expecting state revenue would increase by 2.6% over the next two fiscal years.
State officials say they're seeing more people apply for unemployment benefits, and officials with the National Employment Law Project, say the state is one of ten states that have less than six months of unemployment trust funds left.
Earlier this year, Kentucky lawmakers approved a 2-year, $19-billion state budget, expecting state revenue would increase by 2.6% over the next two fiscal years.
State officials say they're seeing more people apply for unemployment benefits, and officials with the National Employment Law Project, say the state is one of ten states that have less than six months of unemployment trust funds left.
# posted by Homer Owens @ 3:57 AM 
