Governor announces lowest unemployment rate in state history

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Updates Kentuckyans on Economic Development Efforts

FRANKFORT, Kentucky (May 19, 2022) – Governor Andy Beshear today updated Kentuckians on the lowest employment rate in state history, economic development efforts, legislation that supports the military community, tornado relief, National Police Week, Brain Tumor Awareness Month and COVID-19. The governor also congratulated this week’s Kentucky All-Star team.

Lowest unemployment rate in state history
Today Governor Andy Beshear reported that Kentucky just released the lowest unemployment rate in state history, further proof that the Commonwealth’s record economic momentum is benefiting all Kentuckians. According to the Kentucky Center for Statistics, an agency of the Cabinet of Education and Workforce Development, Kentucky’s seasonally adjusted preliminary unemployment rate in April 2022 was 3.9%, the lowest rate ever. recorded since the U.S. Bureau of Labor and Statistics began publishing state rates in 1976.

Economic development in the Commonwealth
The governor said the state continues to enjoy great economic success. He bliss Catalent Inc., which partners with pharmaceutical, biotechnology and consumer health companies to optimize the development, launch and lifecycle supply of products for patients around the world, on its planned investment $175 million to expand its existing operations and add a new R&D facility in Clark County, creating 277 well-paying jobs for Kentucky residents.

“On behalf of Catalent Winchester and Catalent Pharma Solutions, I want to thank Governor Beshear and the Cabinet for Economic Development for their continued support of Catalent’s growth in Kentucky,” said Chris Rosenbaum, managing director of Catalent in Winchester. “Adding our manufacturing capacity and capabilities in Winchester along with the research and development facility will only further our mission to help people around the world live better, healthier lives.”

On Monday, the governor announcement another strong showing for Kentucky in Site Selection magazine’s annual rankings, which includes the 2022 Prosperity Cup and Mac Conway Awards, as well as North America’s Best Deals list. Kentucky places sixth in this year’s Prosperity Cup. The ranking recognizes state-level economic development success based on capital investment project activity in the previous calendar year. Two of the Commonwealth’s most significant recent projects – Ford Motor Co. and SK Innovation’s BlueOvalSK battery farm in Hardin County, which was announced in September, and the recently opened Amazon Air hub in Boone County – are ranked third and 11th respectively among the best. North America offers for 2021, based on capital spending and job creation.

On Tuesday, Governor Beshear announcement that A2A Pharmaceutical Network, a pharmaceutical manufacturing, wholesale and technology organization, will expand its operations with a new headquarters in Scottsville, investing more than $1.7 million and creating 27 full-time jobs to community residents.

On Wednesday, the Governor joined local officials and Kroger representatives to break ground on the construction of a new Kroger in Oldham County. The 100,000 square foot store will include an expanded fuel center, a Starbucks and a small clinic.

Last week, Governor Beshear attended a barrel dedication and signing event at the Jim Beam American Stillhouse in Clermont as part of the company’s reopening ceremony. The event celebrated a $45 million investment that saw a complete overhaul of the facility. It now offers expanded tours, an education center, amphitheater, meeting spaces and a more comprehensive guest experience.

Veterans Bills
As part of Military Appreciation Month, Governor Beshear solemnly signed into law four pieces of legislation recently passed by the General Assembly that support the military community and families of Kentucky. The legislation expands the Military Family Assistance Trust Fund, makes it easier for military spouses to obtain professional licenses and adds seven active military unit license plates to the current 28 military plates.

Over $580,000 in additional SAFE funds for tornado recovery
Governor Beshear announced the fourth round of West Kentucky State Aid Funding for Emergencies (SAFE) fund awards. The $586,000 in aid announced today will go to three eligible western Kentucky counties to help with recovery costs from the devastating December 2021 tornadoes.

“We will continue to support our families and communities in Western Kentucky until we rebuild every home and every life after the tornadoes of December 2021,” Gov. Beshear mentioned. “The funds awarded this week will help cover expenses and services that are not eligible for FEMA assistance, and they will help relieve some of the financial pressure that these communities continue to face during this time of reprise.”

The $586,000 announced today will cover the local 5.2% share of FEMA-eligible expenses and help defray the costs of removing certain storm debris that is not FEMA-eligible.

Today’s funding scholarships include:

  • $500,000 in Caldwell County Tax Court;
  • $36,000 to the Lyon County Tax Court; and
  • $50,000 in Marshall County Tax Court.

“Caldwell County is very grateful to receive this support,” Caldwell County Judge/Executive Larry Curling mentioned. “The money awarded today to Caldwell County will be used to offset a portion of the cost of debris removal that is ineligible for FEMA assistance. We realize that had this not been a total effort of the Kentucky team between Governor Beshear and all of our members of the General Assembly, this assistance would not have been possible.

Last week Governor Beshear announcement awarding more than $3 million to 12 Western Kentucky recipients. On May 5, he reward $6.1 million to seven recipients in western Kentucky. On April 28, Governor announcement $8.5 million in financial assistance to Hopkins County.

Governor Beshear recommended the allocation of the SAFE fund, and the 2022 General Assembly supported the aid by passing Senate Bill 150, which the governor signed into law in April. The Kentucky Division of Emergency Management continues to receive additional requests for SAFE funding, which are carefully reviewed to ensure funds are utilized to their fullest extent.

COVID-19 Update
Governor Beshear said there has been another increase in reported COVID-19 cases in the past week. There are now 12 counties in yellow, or moderate, up from three last week. He noted that hospitalizations remain low and stable, but warned that Kentucky is seeing an uptick in the positivity rate. Governor and Kentucky Department of Public Health Commissioner Dr. Steven Stack encouraged unvaccinated Kentuckians to get vaccinated and vaccinated Kentuckians to get vaccinated if they haven’t already.

“We are adjusting to life with COVID, not life permanently disrupted by COVID. Even so, the cases have increased and there are more diseases there,” said Dr Stack. “I want to encourage any Kentuckian who follows our recommendations to use the CDC’s Community Levels Chart as a tool.”

On Tuesday, the FDA approved a single dose of the Pfizer-BioNTech vaccine as a booster for children ages 5 to 11 who completed their first round of Pfizer-BioNTech vaccines at least 5 months previously. Anyone 5 years and older is now eligible for at least one booster dose. People 50 and older and people 12 and older with certain immunocompromised risks are currently eligible for two booster doses. Although Pfizer-BioNTech and Moderna continue to work against the vaccine, no COVID-19 vaccine is currently available for children under 5 years old.

National Police Week
Governor Beshear has invited Kentuckians to honor law enforcement during National Police Week 2022. This celebration honors local, state, and federal law enforcement officers who have died or been disabled in the line of duty. On Monday, the Calloway County Sheriff’s Office Deputy Head Jody Cash lost his life serving Kentucky. The governor ordered flags on all buildings in the state to be flown at half-mast from sunrise to sunset on Saturday, May 21, in honor of Deputy Chief Cash.

Governor Beshear proclaims the second annual David Turner Jr. Ice Cream Day.
On Tuesday, the Governor signed three proclamations to help raise awareness of childhood brain cancer, recognizing Brain Tumor Awareness Month, DIPG Awareness Day and the second annual David Turner Jr. Ice Cream Day. The governor said he was honored to celebrate the state’s progress in the fight against childhood brain cancer and to remember the precious children, like David Turner Jr., whom we lost far too soon. because of this terrible disease.

Kentucky All-Star Team
Governor Beshear named Jamie Woosley, principal of Jennings Creek Elementary School in Bowling Green, this week’s Kentucky All-Star Team. Principal Woosley worked to ensure his pupils and their families are safe and healthy after the tornadoes hit their community and worked with First Lady Britainy Beshear to organize a toy drive for his pupils. The Governor also recognized all of the educators and school staff in Western Kentucky who continue to provide for the needs of students and families impacted by the December tornadoes.

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