The Richmond Register

Local News

March 16, 2014

County jobless rate improves

But fewer people worked in January

RICHMOND — Madison was one of 109 counties in which the jobless rate was down in January, compared to a year earlier.

At 6.7 percent, Madison and Simpson counties were tied for the state’s sixth-lowest unemployment rate.

Those statistics were announced by the Office of Employment and Training, an agency of the state Education and Workforce Development Cabinet.

While a declining jobless rate may be good news, 582 fewer people were listed as employed in January compared to that month last year. The unemployment rate improved because the labor pool declined by 727.

Civilian labor force statistics include non-military workers and unemployed Kentuckians who are actively seeking work. They do not include the unemployed who have not looked for employment within the past four weeks, according to the state news release.

In January this year, Madison County’s labor pool numbered 44,437, with 41,441 employed and 2,996 unemployed, putting the jobless rate at 6.7 percent.

In January 2013, the labor pool counted 45,164 either working or seeking work with 42,023 employed and 3,141 unemployed, leaving the jobless rate at 7 percent.

Fayette County recorded the state’s lowest jobless rate, 6.3 percent. It was followed by Boone and Oldham counties, 6.4 percent each; Woodford County, 6.5 percent; Scott County, 6.6 percent.

Shelby County, at 6.8 percent, followed Madison and Simpson. Next were Daviess County, 6.9 percent, then Franklin, Union and Warren counties, 7.0 percent each.

The unemployment rate rose in 11 counties.

While Fayette County, Madison’s northern neighbor, had the state’s lowest jobless rate, a southern neighbor, Jackson County, had the state’s highest rate, 18.5 percent.

For more state labor market data, visit www.kylmi.ky.gov.

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