Fayette and Oldham counties tie for the lowest rate at 2.9 percent
EDITOR'S NOTE: A link to Kentucky county unemployment rate charts is below.
FRANKFORT, Ky. (January 9, 2020) - Unemployment rates rose in 95 Kentucky counties between November 2018 and November 2019, fell in 18 and stayed the same in 7 counties, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Workforce Development Cabinet.
Fayette and Oldham counties recorded the lowest jobless rates in the Commonwealth at 2.9 percent each. It was followed by Shelby County at 3 percent; Boone, Campbell, Henry and Woodford counties, 3.1 percent each; and Carroll, Jessamine, Monroe, Pendleton, Scott and Spencer counties, 3.2 percent each.
Magoffin County recorded the state’s highest unemployment rate at 12.7 percent. It was followed by Harlan County, 11 percent; Leslie County, 9.7 percent; Letcher County, 8.4 percent; Lewis County, 8.3 percent; Breathitt and Martin counties, 7.2 percent; Elliott County, 7.0 percent each; Knott County, 6.9 percent; and Wolfe County, 6.8 percent.
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 3.8 percent for November 2019, and 3.3 percent for the nation.
Kentucky’s seasonally adjusted unemployment rate was released on December 19, 2019, and can be viewed at https://kentucky.gov/Pages/Activity-stream.aspx?n=EducationCabinet&prId=378. 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 at https://www.bls.gov/cps/cps_htgm.htm#why.
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.
Learn more about Kentucky labor market information at https://kystats.ky.gov/KYLMI
Learn more about the Kentucky Education and Workforce Development Cabinet at https://educationcabinet.ky.gov.
Contact: Patrick Harp