FRANKFORT, Ky. (May 23, 2024) — Unemployment
rates rose in 118 counties between April 2023 and April 2024 and fell in
Ballard and Lewis counties, according to the Kentucky Center for Statistics
(KYSTATS), an agency within the Kentucky Education and Labor Cabinet.
Washington and
Woodford counties recorded the lowest jobless rates in the commonwealth at 3.2%
each. It was followed by Fayette, Marion and Oldham counties, 3.4% each; Scott
and Shelby counties, 3.5% each; and Anderson, Bourbon, Carroll, Jessamine and
Spencer counties, 3.6% each.
Magoffin County
recorded the state’s highest unemployment rate at 9.7%. It was followed by
Martin County, 9.1%; Pike County, 8.1%; Breathitt County, 7.9%; Leslie County,
7.7%; Carter County, 7.6%; Elliott and Lewis counties, 7.5% each; Johnson
County, 7.2%; and Clay and Knott counties, 7% each.
Kentucky’s county
unemployment rates and employment levels are not
seasonally adjusted because of small sample sizes. Employment statistics
undergo sharp fluctuations due to seasonal events such as weather changes,
harvests, holidays, and school openings and closings. Seasonal adjustments
eliminate these influences and make it easier to observe statistical trends.
The comparable, unadjusted unemployment rate for the state was 4.3% for April
2024, and 3.5% for the nation.
Kentucky’s
seasonally adjusted April 2024 unemployment rate was
released on May 16, 2024, and can be viewed here.
In that release,
Kentucky’s statewide unemployment rate and employment levels are
adjusted to observe statistical trends by removing seasonal influences
such as weather changes, harvests, holidays, and school openings and
closings. For more information regarding seasonal fluctuations, visit the
U.S. Bureau of Labor Statistics here.
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 data should only be compared to the same month
in previous years.