The Richmond Register

Local News

March 14, 2013

Madison has state’s fifth best jobless rate, 7%

RICHMOND — At 7 percent, Madison County had Kentucky’s fifth-best jobless rate in January, according to statistics released Thursday by the state Office of Employment and Training.

Madison was among 83 Kentucky counties that saw its January unemployment rate improve from a year earlier.

The local jobless rate was 7.6 percent in January 2012.

Statewide the January 2013 rate was 7.9 percent, down from 8.5 percent a year earlier.

Woodford County, at 5.9 percent, had the state’s lowest January unemployment rate, followed by Fayette at 6.5, Oldham, 6.6, and Shelby, 6.7.

Madison County’s workforce totaled 45,164 in January, with 3,141 listed as unemployed.

The local workforce grew by 366 in the previous 12 months, while the number of people working increased by 615. The number of jobless in January 2012 was 3,390, 249 more than a year later.

For surrounding counties in January, the jobless rates in Jessamine, 7.5 percent, and Clark, 7.8, were not too far behind Madison. But other neighboring counties, Rockcastle at 9.5, Garrard at 9.6, Estill at 9.7 and Jackson at 15.1 were much farther behind.

Magoffin County had the state’s highest unemployment rate at 18.8 percent.

Additional statistics can be obtained from www.klmi.ky.gov.

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