FRANKFORT, Ky.
(March 31, 2022) -Unemployment rates rose in
six counties, fell in 112 counties, and stayed the same in two counties between
February 2021 and February 2022, according to the Kentucky Center for
Statistics (KYSTATS), an agency of the Kentucky Education and Workforce
Development Cabinet.
Woodford County recorded the lowest
jobless rate in the commonwealth at 2.7%. It was followed by Fayette,
Oldham, Scott and Todd counties, 3% each; and Boone, Jessamine, Logan, Shelby
and Simpson counties, 3.2% each.
Magoffin County recorded the
state’s highest unemployment rate at 13.7%. It was followed by Elliott
County, 11.1%; Breathitt County, 9.3%; Carter County, 9%; Martin County,
8.7%; Lewis County, 8.4%; Menifee County, 7.3%; and Harlan, Lawrence and Leslie
counties, 7.1% 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% for February
2022, and 4.1% for the nation.
Kentucky’s seasonally adjusted February
2022 unemployment rate was released on March 24, 2021, and can be
viewed at kentucky.gov/Pages/Activity-stream.aspx?n=EducationCabinet&prId=551.
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.