FRANKFORT, Ky.
(March,17 2022) - Unemployment rates rose in
14 Kentucky counties between January 2021 and January 2022, fell in 103, and
stayed the same in three (Allen, Fulton and Cumberland counties), according to
the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky
Education and Workforce Development Cabinet.
Woodford County recorded the lowest
jobless rates in the commonwealth at 2.9%. It was followed by Scott and
Todd counties, 3.3% each; Boone and Fayette counties, 3.4% each; Campbell and
Harrison counties, 3.5% each; and Anderson, Kenton, Logan and Simpson counties,
3.6% each.
Magoffin County recorded the
state’s highest unemployment rate at 13.6%. It was followed by Elliott County,
10.8%; Breathitt County, 9.9%; Martin County, 8.9%; Carter County, 8.6%;
Menifee County, 8.1%; Leslie County, 7.7%; Lewis and Owsley counties, 7.6%
each, and Harlan County, 7.4%.
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 4.5% for January
2022, and 4.4% for the nation.
Kentucky’s seasonally adjusted January
2021 unemployment rate was released on March 10, 2022, and can be
viewed at https://kentucky.gov/Pages/Activity-stream.aspx?n=EducationCabinet&prId=546.
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 at https://www.bls.gov/cps/cps_htgm.htm#why.
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 at https://kystats.ky.gov/KYLMI.