Kentucky’s seasonally adjusted preliminary March 2023 unemployment rate was 3.8%, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Labor Cabinet (KELC).

Ky March 2023 Unemployment Rate Chart

Ky March 2023 Employment Chart

--The Lane Report

Gov. Beshear Names Bowling Green Veterans Center in Honor of the Late Col. Robert E. Spiller

Gov. Andy Beshear joined veterans, state and local leaders and veteran service organization representatives to announce the new Bowling Green Veterans Center will be named after the late Col. Robert E. “Bob” Spiller, USA Retired.

Col. Spiller is widely known as the driving force behind the Bowling Green Veterans Center. This was a mission he took on after retiring from the U.S. Army and returning to Bowling Green where he volunteered to drive veterans to critical medical appointments in Nashville, which was the closest Veterans Affairs facility. Col. Spiller wanted to see a facility built in Bowling Green to better serve veterans in Western Kentucky.

-Office of the Governor

Op-ed: Legislature delivers again for Kentucky’s job creators

While members of legislative leadership tempered expectations heading into the 2023 legislative session, the Kentucky General Assembly delivered in a big way for the business community, continuing efforts to make Kentucky more competitive and address workforce challenges. Further reducing Kentucky’s personal income tax rate, expanding our commitment to workforce investment, and utilizing a key tax deduction for small businesses marked a few of the many wins for the Kentucky Chamber of Commerce in 2023.

-Ashli Watts, Kentucky Chamber President/CEO

Perspective: Kentucky Banks are Solid and Reliable

Kentucky is conservative by nature, which has its pros and cons, but count it a big positive when national banks make the news for negative reasons. Kentucky banks are solid, reliable and safe.

Bank stability vaulted into headlines last month after a run on California-based Silicon Valley Bank. SVB, which reported $175 billion in deposits in 2022, focused on tech companies and especially startups—a big part of the business action on its home turf. Signature Bank, a $110 billion commercial bank focused on crypto companies, also failed in mid-March. It spurred a media frenzy and has customers around the U.S. shifting billions of dollars to the largest banks they can in a super-abundance of caution.

-Mark Green, The Lane Report