Unemployment Below 7% in Kenton County
The jobless rate dropped in 101 of Kentucky's 120 counties in October, including Kenton and Campbell, while Boone saw an increase in unemployment. Kenton's rate for October was 6.9%, down from 7.3% in September, and 8.4% at this time last year. Campbell dropped to 7% in October from 7.2% in September, and 8.5% last year. Boone's unemployment rate increased to 6.8% in October, up from 6.6% in September, but still down from 8.3% reached in October of last year.
The overall unemployment rate was 7% for the 8-county area designated as Northern Kentucky in the state's monthly report. That is down from 7.1% in September and 8.3% at this time last year. Carroll County's 8.6% unemployment rate is the highest in the NKY region, which had the second lowest unemployment rate in the state.
Statewide, the unemployment rate is 7.8%. See the full county list: click here (PDF)
From the Commonwealth of Kentucky:
Unemployment rates fell in 101 Kentucky counties between October 2011 and October 2012, while 17 county rates increased and two stayed the same, according to the Kentucky Office of Employment and Training, an agency of the Kentucky Education and Workforce Development Cabinet.
Woodford County recorded the lowest jobless rate in the Commonwealth at 5.6 percent. It was followed by Scott County, 6 percent; Fayette, Shelby and Union counties, 6.2 percent each; Oldham County, 6.3 percent; Franklin and Madison counties, 6.4 percent each; Larue County, 6.5 percent; and Bracken, Caldwell, Jessamine, Owen and Webster counties, 6.6 percent each.
Magoffin County recorded the state’s highest unemployment rate — 15.5 percent. It was followed by Fulton County, 14.7 percent; Knott and Letcher counties, 13.5 percent each; Leslie County, 13.4 percent; Bell, Harlan and Jackson counties, 13 percent; and Perry and Wolfe counties, 12.4 percent each.
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 statistics in this news release are not seasonally adjusted to allow for comparisons between United States, state and county figures.