Kentucky added 6,500 jobs last month, which signaled the first time since February 2008 that the state had more jobs than the year before, the Courier-Journal reports.
According to the Journal, temporary government hiring was one of the keys for the state, which had endured two consecutive years of job loss.
In addition, Kentucky’s manufacturing industry added jobs for the third month in a row, and the business services sector also saw an increase in hiring. The report stated the condition of professional and business services can “indicate the strength of the overall business climate.”
With the addition of workers in the business sector, and growing confidence in the country’s economic recovery, many companies may decide to invest in equipment and technology such as new computers, office furniture and business projectors.
Cities across the country are feeling positive about the current economic situation. The San Francisco Chronicle reported that a recent survey showed 58 percent of 500 CEOs and top executives think the local economy has improved in the last half year. In St. Louis, many companies believe the economy is returning to order, as equipment investments rose at a 12.7 percent annual rate in the first quarter, St. Louis Today reports.
