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Jobless Rate Falls Again

unemployment, istockphoto

The Kentucky Office of Unemployment and Training reported Wednesday that the jobless rate for the state fell to 8.6 percent in March, from 8.7 percent in February. The rate was 1.1 percentage points below the March 2011 rate. The March numbers mark the ninth consecutive month the jobless rate has declined. The largest job gains were seen in transportation and utilities with an increase of 1,900 jobs, followed by the leisure and hospitality sector with 1,800. The manufacturing and construction sector both reported job losses in March.

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