Kentucky's Workforce Trends 2000-2021
The decline in Kentucky's workforce participation over two decades is a concerning trend compared to national averages. Various factors such as retirement, skills gaps, lack of childcare, and infrastructure issues contribute to this crisis. Explore the root causes and solutions to this ongoing challenge faced by Kentucky's workforce.
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Presentation Transcript
Kentucky and Neighboring States, Workforce Participation Rates, June 2021
US and Kentucky, Prime-Working Age Workforce Participation, 2003 to 2020
Key Takeaways The percentage of Kentucky adults who participate in the workforce has been in a state of decline for two decades. This is part of a national trend, but it is worse here in Kentucky. In fact, it is worse here than almost anywhere else in the nation.
Root Causes and Solutions Retirement Boom Employer Demand and Skills Gaps Lack of Access to Child Care Health and Substance Use Disorder Infrastructure, Transportation, and Broadband Incarceration, Re-entry, and Criminal Records Benefit Cliffs and Social Safety Net Programs Slow Population Growth
