A relatively new economic think tank in Kentucky has released a report that pushes back on calls to cut the state's pension benefits. The report from the Kentucky Center for Economic Policy says the idea that public pensioners are well-compensated compared to their private sector counterparts is inaccurate.
Kentucky’s jobless rate was unchanged in June, and still stands at eight-point-two percent. The state figures released by the Kentucky Education and Workforce Development Cabinet are consistent with the national unemployment rate.
Tennessee general fund revenues have beaten projections by more than a half-billion dollars with one month left in the budget year. State Finance Commissioner Mark Emkes says collections came in at $130 million above estimates in June, which reflects economic activity from the previous month.