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wages

The Louisville region ends 2021 in one of the tightest labor markets ever recorded

The Louisville region ends 2021 in one of the tightest labor markets ever recorded

Like the rest of the nation, the Louisville region is experiencing a very tight labor market. The unemployment rate is near record lows, and average wages are increasing. But with inflation on the rise, workers are not feeling the full benefits of wage increases. In this rare shift toward worker power, employees are able to voluntarily leave their current position and seek out new and better working conditions.