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University Looses Over 300 Jobs
Those residing in Lexington, Kentucky are feeling high levels of anxiety since the area is loosing approximately 304 jobs. It is due to budget cuts by the University of Kentucky. It is the largest employer in that area. The University lost $20 million in state funding. This is despite the fixed costs rising by $23 million. There are 140 losing their employment and an additional 164 open positions are not able to be filled. There have been some of the cuts been announced.
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