News
Tracking the Class of 2023's First Year Outcomes
What happens to nearly 10,000 young people after they walk across the graduation stage can shape an entire region's economic future. As the class of 2023 from the KentuckianaWorks region completes their first year in the workforce, the data reveals both promising trends and concerning gaps that demand attention from educators, employers, and policymakers alike.
Expected job demand in the next decade
The Kentuckiana region's job market is evolving rapidly, shaped by technological advances, demographic shifts, and changing economic priorities. For job seekers, students, and workforce development programs, understanding where opportunities are growing is crucial for making informed career decisions.
This annual Occupational Outlook analyzes Lightcast’s employment projections for the Kentuckiana region, examining which roles are expected to be in-demand over the next decade.
Generative AI is here and ready to redefine work
Generative AI is reshaping the labor market, especially in professional roles involving tasks like writing, coding, and analysis. While regions like Louisville may see slower adoption than major tech hubs, preparing the workforce for AI’s growing influence is critical. The future impact of AI will depend on how employers, educators, and policymakers choose to apply and support the technology.
Where are workforce services most needed in our region?
Using data from recent Census surveys, this map series provides geographic detail on the region’s adults who would likely benefit from career services, including the unemployed, the working poor, and those with limited levels of education.
Louisville Region’s Labor Market: 2024 Highlights
The regional economy showed signs of softening in 2024. Higher interest rates set by the Federal Reserve achieved their intended purpose of slowing the economy to reduce inflation. The economy entered the current turbulent policy environment from an already weakened position. It has been especially difficult for people entering the labor market, particularly among young workers. Let’s review how the regional economy performed in 2024.