FRANKFORT,
Ky. (Sept. 26, 2024) — Unemployment rates rose in 120 counties between
August 2023 and August 2024, according to the Kentucky Center for Statistics
(KYSTATS), an agency within the Kentucky Education and Labor Cabinet.
Cumberland County recorded the lowest jobless rate in the commonwealth at
3.9%. It was followed by Woodford County, 4%; Anderson, Carroll, Fayette,
Nelson, Scott, Shelby and Spencer counties, 4.3% each; and Boone, Bourbon,
Jessamine, Oldham and Washington counties, 4.4% each.
Magoffin County
recorded the state’s highest unemployment rate at 11.3%. It was followed by
Martin County, 10.6%; Breathitt County, 9.7%; Elliott and Leslie counties, 8.9%
each; Carter County, 8.7%; Knott County, 8.6%; Harlan County, 8.5%; and Clay
and Lewis counties, 8.3% 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 5.1% for August 2024, and 4.4% for the
nation.
Kentucky’s
seasonally adjusted August 2024 unemployment rate was
released on Sept. 19, 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.