FRANKFORT, Ky. (Aug. 22, 2024) — Unemployment
rates rose in 119 counties between July 2023 and July 2024 and fell in Lee
County, according to the Kentucky Center for Statistics (KYSTATS), an agency
within the Kentucky Education and Labor Cabinet.
Cumberland County
recorded the lowest jobless rate in the commonwealth at 3.8%. It was
followed by Woodford County, 4%; Washington County, 4.2%; Anderson, Boone,
Bourbon, Carroll, Fayette and Scott counties, 4.3% each; and Jessamine County,
4.4%.
Magoffin County
recorded the state’s highest unemployment rate at 11.3%. It was followed by
Martin County, 11%; Breathitt County, 9.9%; Lewis County, 9.4%; Elliott County,
9.3%; Carter County, 9.2%; Leslie County, 9%; Knott County, 8.9%; Clay County,
8.4%; and Harlan County, 8.3%.
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 5.3% for July
2024, and 4.5% for the nation.
Kentucky’s
seasonally adjusted July 2024 unemployment rate was
released on Aug. 15, 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.
Learn more about
Kentucky labor market information here.