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Monthly Snapshot:

The latest  unemployment rate  is 3.4 % , compared to 3.3% at the same time last year.

The latest  size of labor force is 664,289 , compared to 660,413 at the same time last year.
 
The latest  number of  monthly online job postings is 16,771 , with 4,446 of those requiring an Associate's degree or higher and 3,638 of those requiring a Bachelor's degree or higher.
 
The latest  number of quarterly (October-December) online job postings is 48,933 , with 13,734 of those requiring an Associate's degree or higher and  11,217 of those requiring a Bachelor's degree or higher. 

*All above data refers to the Louisville Metropolitan Statistical Area (MSA).
Community leaders talk innovation and inclusion at Tomorrow's Talent summit 

Last month, many of Louisville's top leaders in workforce, education, government, and business gathered to share ideas about how the region can better compete with the likes of Austin, Nashville, and other tech-savvy cities on the rise.

Some highlights:
  • New UofL President Dr. Neeli Bendapudi spoke about the critical role UofL must play as the city's anchor institution in re-imagining higher education.
  • Heather Carroll Cox, Humana's Chief Digital Health and Analytics Officer, talked about the rapidly-changing tech landscape in her industry.
  • Michael Gritton, Executive Director of KentuckianaWorks, called on Kentucky to join states like Texas and Massachusetts that are supplementing their workforce boards with state funding.
  • Lauren Larin, PhD, shared the impressive results of The Last Mile's efforts to teach software programming to people in prison.
Code Louisville has $200,000 on-the-job training dollars to disperse to employers

An influx of on-the-job training (OJT) funds has made it a better time than ever to hire a Code Louisville graduate. 

The program currently has over $200,000 worth of OJT dollars available for employers. These funds are designed to supplement the short-term training expense of on-boarding a full-time junior developer.

A number of growing local companies have already benefited from Code Louisville's on-the-job training (OJT) program. "They give the employer more time and resources to get a new hire up to speed," explains Brian Luerman, who manages Code Louisville.

Links to Workforce Resources
The Labor Market Update is a monthly report produced by KentuckianaWorks, the Louisville region's Workforce Development Board. The report gives Louisville's policymakers and business leaders an overview of the local economy through powerful visuals and concise analysis. 
KentuckianaWorks | 502-574-2500 | www.KentuckianaWorks.org