FRANKFORT, Ky. (Oct. 24, 2012) –
Governor Steve Beshear today announced Kentucky ranked second in the nation for job growth over
the past year, according to the U. S. Bureau of Labor Statistics, Division of Current Employment Statistics.
The Regional and State Employment and Unemployment Summary, released Friday, finds that Kentucky’s net job
growth from September 2011 to September 2012 was 2.6 percent, second best in the nation behind only North
Dakota’s 5.6 percent growth.
“This ranking is an extraordinary accomplishment for our state and our outstanding workforce. My
administration has been working tirelessly over the past five years to create and grow jobs in the
Commonwealth, and this announcement shows we are outrunning our competitors,” said Gov. Beshear. “We are
making progress, but we still have work to do. We will never stop pushing for more jobs and a stronger
economy for the Commonwealth.”
Kentucky’s jobs growth was more than double the Kentucky competitor state average of 1.1 percent. Kentucky’s
competitor states, listed in order of ranking, include Indiana, Ohio, South Carolina, Georgia, Virginia,
Illinois, North Carolina, Tennessee, Alabama, Missouri, Mississippi and West Virginia.
Click for full table.
From Sept. 2011 to Sept. 2012, 47,000 jobs were created in Kentucky. Some of the new jobs created over the
past year stem from growth at companies such as General Electric, Ford and CaféPress in Louisville; DHL and
ZF Steering in Northern Kentucky; Tempur-Pedic in Lexington; New York Blower in Leitchfield; Bruss North
America in Russell Springs; Magna Seating in Shepherdsville; Wild Turkey in Lawrenceburg; and Akebono Brake
in Glasgow.
“The numbers show the Commonwealth is heading in the right direction, and the Cabinet for Economic Development
will do everything in our power to keep growing jobs here,” said Cabinet for Economic Development Secretary
Larry Hayes. “Keep in mind that North Dakota’s employment is booming because of the recent discovery of new
oil and gas fields. In Kentucky, our job growth is across multiple sectors, in small businesses and large
businesses. That gives a lot of folks opportunities in Kentucky, and these numbers show our state is a
perfect location to do business.”
The United States Bureau of Labor Statistics report can be found in full at
http://www.bls.gov/news.release/pdf/laus.pdf.
Information on Kentucky’s economic development efforts and programs is available at
www.ThinkKentucky.com. Fans of the Cabinet for
Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.
The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for
creating new jobs and new investment in the state. New business investment in Kentucky in 2010 totaled
more than $2 billion with the creation of nearly 11,900 new jobs. Information on available development
sites, workforce training,incentive programs, community profiles, small business development and other
resources is available at www.ThinkKentucky.com.