This is the Boyle County Employment Report for Q4 2010 compiled by the Boyle County Industrial Foundation and released publicly by the Danville/Boyle County Economic Development Partnership. (Due to a data correction, this report was revised on January 30, 2011.)
This is the First Quarter 2012 employment report for Boyle County, Kentucky, compiled from employment data monitored by the Boyle County Industrial Foundation.
This is the Fourth Quarter 2011 employment report for Boyle County, Kentucky, compiled from employment data monitored by the Boyle County Industrial Foundation.
This is the Boyle County Employment Report for Q3 2010 compiled by the Boyle County Industrial Foundation and released publicly by the Danville/Boyle County Economic Development Partnership.
This is the Boyle County, Kentucky Employment Report for Q1 2011, compiled by the Boyle County Industrial Foundation and released by the Danville/Boyle County Economic Development Partnership.
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs, year-over-year
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 31,400 jobs across the metro.
This is the Boyle County Employment Report for Q4 2010 compiled by the Boyle County Industrial Foundation and released publicly by the Danville/Boyle County Economic Development Partnership. (Due to a data correction, this report was revised on January 30, 2011.)
This is the First Quarter 2012 employment report for Boyle County, Kentucky, compiled from employment data monitored by the Boyle County Industrial Foundation.
This is the Fourth Quarter 2011 employment report for Boyle County, Kentucky, compiled from employment data monitored by the Boyle County Industrial Foundation.
This is the Boyle County Employment Report for Q3 2010 compiled by the Boyle County Industrial Foundation and released publicly by the Danville/Boyle County Economic Development Partnership.
This is the Boyle County, Kentucky Employment Report for Q1 2011, compiled by the Boyle County Industrial Foundation and released by the Danville/Boyle County Economic Development Partnership.
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs, year-over-year
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 31,400 jobs across the metro.
The rate of increase in Columbus Region employment in the second quarter was more than double the Ohio and U.S. levels. Click for more news from the Columbus Region's second quarter of 2013.
The Cincinnati metro continued its steady expansion by recently adding 20,000 payrolls, year-over-year, bringing total non-farm employment to 1.06 million. Meanwhile, unemployment fell 80 basis points year-over-year to 4.1 percent.
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year. Total non-farm employment now sits at 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 32,200 jobs across the metro.
The industrial employment sectors continue to expand in the Columbus region, posting an annual net gain of 13,500 jobs according to the latest data available from the BLS.
Office-using employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 12,500 jobs across the metro.
Jobs growth among Cleveland’s industrial employment sectors has been subdued over the last year, recording an annualized net gain of 1,900 jobs or 49 basis points.
Columbus JLL Industrial Employment Update February 2015cybrooks
The industrial employment sector continues its drive of modest, steady growth, posting an annual net gain of 4,400 jobs according to the latest data from the BLS. Employment gains were largely spurred by trade, transportation and utilities, which posted an annual net gain of 2,500 jobs. Meanwhile, the manufacturing supersector trailed the pack, posting virtually zero annual net job gains or losses.
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 1,800 jobs across the metro.
According to the most recent estimates from the BLS, total non-farm employment in Detroit stood at ~1.9 million payrolls, representing an annualized increase of 12,500 jobs or 66 basis points. Meanwhile, unemployment decreased 1.2 percentage points year-over-year to 7.0 percent.
Canada Manufacturing sectors continues experience pain in February 2017paul young cpa, cga
Manufacturing is a key sector for Canada. The issue has been for the past few months is that oil production has rebounded which has supported much of the growth. Key areas like transportation equipment continue to struggle in 2017.
This presentation will look at the data related to metal fabrication. Metal Fabrication is key market segments due to fact it drives many aspects of manufacturing.
The Cincinnati metro continued its steady expansion by recently adding 14,400 payrolls, year-over-year, bringing total non-farm employment to 1.04 million. Meanwhile, unemployment fell 1.2 percent to 4.8 percent from the previous year.
This is the Boyle County, Kentucky Employment Report for Q1 2011, compiled by the Boyle County Industrial Foundation and released by the Danville/Boyle County Economic Development Partnership.
Columbus Region employment increases are more than double the rate of state and national levels. Year-over-year comparisons for the Region also top state and U.S. increases.
This presentation will discuss Canada Labour Market Trends for July 2016. The presentation will look at wages, job openings, job creation, job losses and key government policies,
Caution: The presentation also provides details by month. It is important to look at the overall trends and not just one month.
Summary
Employment by Sector
Job Creation Target for 2016
BM Analysis/Comments Employment
BMO/Urbanized areas employment
Key Quotes/Bloomberg
Labour Rates
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week available
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week
The rate of increase in Columbus Region employment in the second quarter was more than double the Ohio and U.S. levels. Click for more news from the Columbus Region's second quarter of 2013.
The Cincinnati metro continued its steady expansion by recently adding 20,000 payrolls, year-over-year, bringing total non-farm employment to 1.06 million. Meanwhile, unemployment fell 80 basis points year-over-year to 4.1 percent.
The Cincinnati metro enjoyed strong jobs growth by recently adding 21,700 payrolls, year-over-year. Total non-farm employment now sits at 1.05 million. Meanwhile, unemployment fell 20 basis points from the previous month to 4.1 percent.
Industrial employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 32,200 jobs across the metro.
The industrial employment sectors continue to expand in the Columbus region, posting an annual net gain of 13,500 jobs according to the latest data available from the BLS.
Office-using employment sectors have experienced substantial employment expansion over the last year, recording an annualized net gain of 12,500 jobs across the metro.
Jobs growth among Cleveland’s industrial employment sectors has been subdued over the last year, recording an annualized net gain of 1,900 jobs or 49 basis points.
Columbus JLL Industrial Employment Update February 2015cybrooks
The industrial employment sector continues its drive of modest, steady growth, posting an annual net gain of 4,400 jobs according to the latest data from the BLS. Employment gains were largely spurred by trade, transportation and utilities, which posted an annual net gain of 2,500 jobs. Meanwhile, the manufacturing supersector trailed the pack, posting virtually zero annual net job gains or losses.
Office-using employment sectors have experienced sustained, albeit modest employment expansion over the last year, recording an annualized net gain of 1,800 jobs across the metro.
According to the most recent estimates from the BLS, total non-farm employment in Detroit stood at ~1.9 million payrolls, representing an annualized increase of 12,500 jobs or 66 basis points. Meanwhile, unemployment decreased 1.2 percentage points year-over-year to 7.0 percent.
Canada Manufacturing sectors continues experience pain in February 2017paul young cpa, cga
Manufacturing is a key sector for Canada. The issue has been for the past few months is that oil production has rebounded which has supported much of the growth. Key areas like transportation equipment continue to struggle in 2017.
This presentation will look at the data related to metal fabrication. Metal Fabrication is key market segments due to fact it drives many aspects of manufacturing.
The Cincinnati metro continued its steady expansion by recently adding 14,400 payrolls, year-over-year, bringing total non-farm employment to 1.04 million. Meanwhile, unemployment fell 1.2 percent to 4.8 percent from the previous year.
This is the Boyle County, Kentucky Employment Report for Q1 2011, compiled by the Boyle County Industrial Foundation and released by the Danville/Boyle County Economic Development Partnership.
Columbus Region employment increases are more than double the rate of state and national levels. Year-over-year comparisons for the Region also top state and U.S. increases.
This presentation will discuss Canada Labour Market Trends for July 2016. The presentation will look at wages, job openings, job creation, job losses and key government policies,
Caution: The presentation also provides details by month. It is important to look at the overall trends and not just one month.
Summary
Employment by Sector
Job Creation Target for 2016
BM Analysis/Comments Employment
BMO/Urbanized areas employment
Key Quotes/Bloomberg
Labour Rates
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week available
Jobs growth within the office-using employment sectors subsided somewhat in 2014. Still, these sectors did record incremental expansion. Chart of the week
AC311—Marcus DoxeyHomework Assignment 3 – Pensions and Income Ta.docxannetnash8266
AC311—Marcus Doxey
Homework Assignment 3 – Pensions and Income Taxes
30 points
DUE Tuesday, October 8th, 2013 AT THE BEGINNING OF CLASS
NO LATE ASSIGNMENTS ACCEPTED
Required:
Complete the three problems on the following pages.
Notes and instructions:
Complete all questions by writing the answers in the spaces provided.
You may work with other people, but I recommend doing this on your own to make sure that you understand what you are doing—these concepts are very important.
It is important that you try to figure this out on your own; therefore, I will not answer any questions that give away an answer, but I am more than happy to help clarify concepts or answer other questions about the topic and assignment.
1. 3 points
On December 31, Year 1, Cohen Company established a noncontributory defined-benefit pension plan covering all of its employees. On that date, Cohen contributed $45,000 to the plan. No benefits were earned in Year 1. At December 31, Year 2, Cohen determined that the present value of all benefits earned in Year 2 was $63,000. The expected and actual return on plan assets for Year 2 was 8%. Cohen’s pension expense has no other components other than those implied by the information above. What amount should Cohen report in its December 31, Year 2, income statement as pension expense?
Work:
2. 3 points
The following information pertains to Wareham Company’s pension plan:
Actuarial estimate of projected benefit obligation (PBO) at 1/1/Year 1 $10,000
Assumed discount rate 4%
Service cost for Year 1 $2,400
Pension benefits paid during Year 1 $2,100
If no change in actuarial estimates occurred during Year 1, Wareham’s PBO at December 31, Year 1, is:
Work:
3. On December 31, Year 1 and Year 2, Cliff Garcia Company had the following defined benefit pension plan balances:
12/31/Y1
12/31/Y2
Fair value of plan assets
2,100,000
2,065,000
Projected benefit obligation
2,250,000
2,503,500
Unrecognized prior service cost
190,000
140,000
Unrecognized net loss
250,500
308,400
At December 31, Year 1, the employees participating in the plan had an average remaining service period of 5 years. No new prior service cost arose in Year 2.
The Year 2 service cost was $310,000. The company uses an expected return on plan assets of 7% when calculating net periodic pension cost, but had an actual return on plan assets in Year 2 of 4%. The company’s discount rate is 5%.
Contributions to the plan totaled $50,000 in year 2. There were no changes in actuarial assumptions during the year.
Part 1. 15 points
Calculate net periodic pension cost for Year 2. Enter the amounts in the spaces below, making sure to put a plus sign (+) in front of numbers that increase pension cost and a negative sign (-) in front of numbers that decrease pension cost:
Service cost (3 pts)
Interest cost (3 pts)
Return on plan assets (3 pts)
Amortization of prior service cost (3 pts)
Loss amortization (3 pts).
Columbus MSA employment was up 8,200 (0.8 percent) from March to June, ahead of Ohio’s increase of 0.4 percent and the U.S. increase of 0.6 percent, according to the Q2 economic update report produced by Columbus 2020. Going into the second half of the year, unemployment in the Columbus Region continued to decline at 4.6 percent, compared to June state and national rates of 5.5 and 6.1, respectively.
Minneapolis–St. Paul Employment Update | August 2016Carolyn Bates
According to the most recent BLS estimates, Minneapolis-St. Paul’s unemployment has ticked up from last month’s 3.1%, yet still sits comfortably below the 4 percent mark. Having the second-lowest unemployment rate in the nation among all large metros offers its own challenges as employers prepare for a potentially looming talent shortage.
Once again, MSP achieved record-breaking employment totals for professional and business services, a fundamental component to the metro’s economic growth. Approximately 6,000 jobs have been added in the industry year-over-year.
The U.S. economy saw the addition of 255,000 net new jobs in July, the second consecutive month of healthy additions after a volatile first quarter and next to no growth in May.
Nationally, average weekly wages continue to rise at an annual clip of 2.6 percent, more than double inflation at 1.0 percent. This will boost disposable income and, in turn, personal consumption that drives GDP.
Minneapolis–St. Employment Update | December 2015Carolyn Bates
The local unemployment rate of 2.9% has hit its lowest point since 2001. Coupled with year-over-year labor force growth of 34.2 thousand jobs, Minneapolis-St. Paul currently has one of the strongest economies of any major metro in the United States.
As is typically the case, MSP’s office-using sectors dominated hiring by taking 48.0 percent of the 12-month total employment growth, while the industrial sectors experienced a loss of 1.8 percent.
At the national level, monthly growth of 211,000 jobs over the course of November represented the second consecutive month of rebound after a slowdown in mid-2015. At the current rate of growth, a mid-to-late-2016 timeframe seems likely for the first stage of tightening.
The size of the local labor force declined by 32,000 workers in August. That contraction caused the unemployment rate to decline 40 basis points to 5.7 percent.
Minneapolis–St. Employment Update | November 2015Carolyn Bates
The local labor force has declined slightly since July’s peak, but year-over-year numbers show an increase of over 35,000 non-farm jobs since September 2014.
As is typically the case, MSP’s office-using sectors dominated the hiring by taking 45.9 percent of the 12-month total employment growth while the industrial sectors accounted for 2.3 percent of the annual growth.
Minneapolis–St. Paul Employment Update | February 2016Carolyn Bates
According to the most recent estimates from the Bureau of Labor Statistics, total nonfarm employment in Minneapolis-St. Paul stood at 1.95 million payrolls, representing an annualized increase of 34,000 jobs or 1.8 percent.
MSP’s office-using sectors accounted for 44.7 percent of the 12-month total employment growth. Non-office sectors, in particular education and healthcare, were the largest job creators of 2015. And year-over-year, the industrial sectors experienced a job loss of 8.2 percent, largely due to contractions in trade, transportation & utilities.
At the national level, 2016 began on a relatively soft note, with only 151,000 net new jobs created during the month. In comparison, the six-month average totals 214,500 new jobs.
Hourly wage growth remains steady at 2.5 percent as inflation is flat and labor shortages, particularly for educated workers and in many metro areas, are becoming more apparent.
This report highlights US economic performance via three key indices. The Small Business Health Index measures year-over-year small business performance through equally weighted payment patterns and credit use. U.S. Jobs Health combines Small Business Health Index industry data with BLS figures to forecast monthly nonfarm payroll employment. The U.S. Business Health Index provides a year-over-year equally weighted average of D&B’s Viability Score, Delinquency Predictor and Total Loss Predictor.
ARC's employment estimates are for 2012, and they include jobs-in-place, meaning we locate the jobs at the small-area, which provides more spatial detail and accuracy than other employment products.
Minneapolis-St. Paul Employment Update | February13, 2016Carolyn Bates
Minneapolis-St. Paul unemployment gained 60 basis points and fell four spots nationally into an eight place tie with the Indianapolis metro. New workforce highs were achieved in Professional and Business Services and Other Services while Education and Health services saw a slight pullback from its recent run in growth. Y-O-Y Education and Health Services maintained the top spot creating 13,000 jobs over the trailing 12 month period. In contrast, the Leisure and Hospitality sector lost 5,300 jobs in 2016.
Among office using sectors, all have seen a month-to-month contraction in growth except Professional and Business Services which has finished 2016 net positive 12,700 jobs.
Nationwide, unemployment rose for the second consecutive month and now sits at 4.8 percent, boosted by an increase in the labor force participation rate to 62.9 percent. However, the expansion of the civilian labor force is not keeping up with job growth, which will keep slack minimal in the near-term.
Wage growth continues but at a slower pace than December.
According to the most recent estimates from the Bureau of Labor Statistics, total nonfarm employment in Detroit stood at ~2.0 million payrolls, representing an annualized increase of 45,200 jobs or 2.4 percent. Meanwhile, unemployment decreased 2.7 percentage points year-over-year to 6.2 percent.
Similar to Boyle County, KY Employment Census: Q4, 2012 (20)
This is a report of business development project activity from 2008 - 2013 YTD compiled from voluntary reports to the Kentucky Cabinet for Economic Development and the project files of the Boyle County Industrial Foundation.
This is the full-page ad that will appear in the April edition of Southern Business & Development magazine. SB&D and the Southern Economic Development Roundtable named Danville as one of "ten wonderful small town South central business districts". The ad is jointly sponsored by the Danville-Boyle County Economic Development Partnership and one of its Partners, the Danville-Boyle County Convention & Visitors Bureau.
This is a media release from the Kentucky State Police regarding planned road closures in the Danville area for the Vice Presidential Debate on October 11, 2012.
This is a flyer for the event "A Taste of 1862" planned for Saturday, October 6, 1862. Dinner will be served at 6:30 pm; dancing will begin at 8:00 pm. Tickets are $25 per person. Proceeds will benefit the continued preservation of Perryville's Merchants Row.
This is the 8-13-12 media release from the Office of Governor Steve Beshear regarding the expansion of Green Boiler Technologies in Danville, Kentucky.
This is an informational brochure produced by Jones Lang LaSalle Americas, Inc., the real estate agent for sale of the former Philips Lighting facility in Danville, Kentucky. Contact information is noted in the brochure.
This is a chart of the Danville/Boyle County Economic Development Partnership's organizational structure, including the Boyle County Industrial Foundation, Danville/Boyle County Chamber of Commerce, Heart of Danville, Main Street Perryville, and Danville/Boyle County Convention & Visitors Bureau.
This is the Kentucky Cabinet for Economic Development's March 1, 2012 media release announcing SITE Selection magazine's new and expanded business project rankings for 2011. SITE Selection ranked Kentucky #8 among all states and the Danville Micropolitan Area #13 among all micros for new/expanding business project announcements. Source: SITE Selection, March 2011 edition.
This is the January 27, 2012 media release announcing the planned relocation of Elmwood Inn Fine Teas' wholesale offices and packaging facility to downtown Danville.
This is an analysis of additional factors impacting the population and retail trade area of Danville/Boyle County, Kentucky, that are critical to commercial development.
This is the 12-13-11 joint media release from Denyo Manufacturing Corporation and the Danville/Boyle County Economic Development Partnership announcing the relocation of Denyo's North American headquarters from Los Angeles, California, to Danville, Kentucky.
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Boyle County, KY Employment Census: Q4, 2012
1. ECONOMIC DEVELOPMENT PARTNERSHIP
Boyle County Quarterly Employment Census: Q4, 2012
Based upon a confidential quarterly report compiled by the Boyle County Industrial Foundation
(BCIF), the Danville/Boyle County Economic Development Partnership (EDP) presents the
following general employment data for an index of representative Boyle County employers for Q4
2012 (October 1 – December 31) with comparisons to past quarters as well as to previous years.
INDUSTRIAL EMPLOYMENT: BCIF monitored employment for 18 Boyle County industries
that employ 25 or more employees. One (1) firm did not respond, so its employment level was
held constant. Current and past quarter employment levels within the last year are as follows:
Q4—2012 Q3—2012 Q2—2012 Q1—2012
3,148 3,329 3199 3044
Net Change: - 181 - 51 + 104
Employment at the end of Q4 was impacted by seasonal reductions in temporary employees at two
facilities in addition to other industries remaining level in their employment numbers. Red Wing
Shoe Company closed effective December 31, 2012, with a loss of 68 jobs. This reduction will be
reflected in the next quarterly census, and Red Wing will be removed from the census index.
Comparing the status of Boyle County’s industrial employment as of December 31, 2012, with
previous employment levels in the previous four years (2008 – 2011), Q4 yields the following net
employment changes:
Q4—2012 Q4—2011 Q4—2010 Q4—2009 Q4—2008
3,148 3,122 3,348 3,270 3,711
Net Changes: + 26 - 200 - 122 - 563
NON-INDUSTRIAL EMPLOYMENT: The BCIF tracks the self-reported employment of
eleven (11) non-industrial employers, in both private and public sectors, with over 100
employees. BCIF tracks health care, retail, education, banking, government, and transportation
sectors. Two (2) firms did not respond, so their employment levels were held constant. Current and
past quarter employment levels within the last year are as follows:
Q4—2012 Q3—2012 Q2—2012 Q1—2012
3,672 3,869 3,801 3,842
Net Changes: - 197 - 129 - 170
2. Boyle County Quarterly Employment Census: Q4, 2012
Page 2
The primary impact to the non-industrial index was the employment reduction of 135 jobs by
Norfolk Southern Corporation due to the company’s crew change relocation from the Danville
Terminal to Burnside, Kentucky. Norfolk Southern only responds to this employment census on an
annual basis. Therefore, Norfolk Southern’s reduction was completed over the course of 2012
rather than in Q4 alone. With this reduction, Norfolk Southern falls below the threshold to be
included in this segment of the census index.
Comparing the status of Boyle County’s non-industrial employment as of December 31, 2012, with
previous employment levels in two (2) previous years, Q4 yields the following net employment
changes:
Q4—2012 Q4—2011 Q4—2010
3,672 3,851 3,869
Net Changes: - 179 - 197
TOTAL OVERALL EMPLOYMENT: In light of the above statistics, total employment for
Boyle County in Q4 2012 with previous quarter and a 2-year comparison is as follows:
Q4—2012 Q3—2012 Q4—2011 Q4—2010
6,820 7198 6,973 7,217
Net Changes: - 378 - 153 - 397
OVERALL LABOR FORCE STATISTICS: For all sectors of the Boyle County economy, the
Kentucky Office of Employment & Training reports the following data for Boyle Countians in the
most recent quarters available:
Dec ’12 Sep ’12 Change
Employed 11,313 11,196 + 117
Unemployed 1,169 1,135 + 34
Unemployment Rate 9.4% 9.2% + 0.2%
An annual comparison of unemployment rates reveals the following:
Dec ’12 Dec ‘11 Change
Unemployment Rate 9.2% 10.3% - 0.9%
3. Boyle County Quarterly Employment Census: Q4, 2012
Page 3
Please contact the EDP if you have any questions or have any suggestions about how this quarterly
report can be more meaningful to you, your organization, or agency.
For more information:
Jody A. Lassiter, JD
President/CEO
Danville/Boyle County Economic Development Partnership
(859) 236-0636
jody@betterindanville.com