Kentucky unemployment rate

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Kentucky’s Education and Workforce Development Cabinet reports the state’s January unemployment rate has come in at five and a half percent, below the five point seven percent national average.  Economist Manoj Shanker with the Office of Employment and Training says after annual revisions, this marks the sixth straight month Kentucky’s jobless rate has been lower than the national number.  He says the last time the Commonwealth posted a lower percentage than the U.S. was in 1995. 

Kentucky's unemployment rate for November came in at its lowest rate in six years.  

A state government economist says recovery from the 'great recession' is complete.

The Kentucky Office of Employment and Training said the commonwealth’s April unemployment rate has fallen 0.3 percent from a year ago and has dropped a tenth of a point from March 2013.

Kentucky’s 7.9 percent rate reflects a similar trend in national numbers over the same period. 

Kentucky’s February unemployment numbers show jobless rates fell in more than two-thirds of the state over the previous year.  Rates either dropped or increased slightly in Purchase and Pennyrile counties. According to the Office of Employment and Training report released Thursday, only two western counties, Daviess and Union, were among the ten lowest in the state at just over seven percent.  Fulton County was the fifth highest at almost sixteen percent.  The national unemployment rate for February was eight point one.

Kentucky’s unemployment rate dropped below 9 percent for the first time in three years in 2012. Since then it’s averaged 8.4 percent. But the job market has grown more than that number suggests.

As of the end of November, Kentucky had added 35,000 new jobs in 2012. Kentucky Office of Employment and Training economist Manoj Shanker says that’s a huge number. But he says unemployment rates haven’t dropped very quickly because as news gets better, people who haven’t been looking start re-entering the workforce.