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Cumberland Co. has lowest unemployment in state From Mike Clark/Kim Saylor Brannock Frankfort, KY - Unemployment rates rose in 109 counties between May 2023 and May 2024 and fell in six counties and remained the same in five counties, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Labor Cabinet. Locally, unemployment rose year-to-year in Adair and all surrounding counties. Comparing month-to-month, only Cumberland County saw a decrease in unemployment rates from April to May, 2024 in the 7-county area.
Cumberland and Washington counties recorded the lowest jobless rates in the commonwealth at 3.4% each. They were followed by Woodford County, 3.5%; Anderson, Marion, Shelby and Spencer counties, 3.6% each; and Carroll, Fayette and Oldham counties, 3.7% each. Martin County recorded the state's highest unemployment rate at 9.5%. It was followed by Magoffin County, 9.4%; Breathitt County, 8.4%; Leslie County, 7.8%; Carter County, 7.6%; Knott and Lewis counties, 7.5% each; and Clay, Elliott and Johnson counties, 7.3% each. Kentucky's county unemployment rates and employment levels are not seasonally adjusted because of small sample sizes. Employment statistics undergo sharp fluctuations due to seasonal events such as weather changes, harvests, holidays, and school openings and closings. Seasonal adjustments eliminate these influences and make it easier to observe statistical trends. The comparable, unadjusted unemployment rate for the state was 4.5% for May 2024, and 3.7% for the nation. Kentucky's seasonally adjusted May 2024 unemployment rate was released on June 20, 2024, and can be viewed here. In that release, Kentucky's statewide unemployment rate and employment levels are adjusted to observe statistical trends by removing seasonal influences such as weather changes, harvests, holidays, and school openings and closings. For more information regarding seasonal fluctuations, visit the U.S. Bureau of Labor Statistics here. Unemployment statistics are based on estimates and are compiled to measure trends rather than actually to count people working. Civilian labor force statistics include non-military workers and unemployed Kentuckians who are actively seeking work. They do not include unemployed Kentuckians who have not looked for employment within the past four weeks. The data should only be compared to the same month in previous years. This story was posted on 2024-06-27 15:13:12
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Governor announces $2.4M KPDI funding in Adair, Boone Happy Memory Anniversary Wednesdays added to FM2 options in Columbia Leaders complimented for successful 4-H camp Don't click any link from Post Office Is Adair County great for off-grid living? July 4th celebration includes tractor show Curiosity earns cat a trip to California Paint the Town coming up July 25th Dairy Day celebrated Friday in Adair County View even more articles in topic News |
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