The size of the region’s population and changing demographic patterns are important metrics for the local economy. The overall size of the region’s workforce and its demographic makeup are driven by the patterns across the total population.
Update: A new tool to help Kentuckians understand benefits cliffs
As the costs of basic needs have skyrocketed during this period of rapid inflation, it is worth revisiting the impact of cliff effects on workers in low-wage jobs. The Kentucky Center for Statistics has revamped its Family Resource Simulator, making it easier to use and ensuring it will stay updated and relevant in a changing economy.
