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Thu January 17, 2013
Kentucky Jobless Rate Inches Down For December
FRANKFORT, Ky. - Kentucky’s jobless numbers continue on a slow but steady decline.
The state’s seasonally adjusted preliminary unemployment rate for December dipped to 8.1 percent. That’s down from a revised 8.2 percent in November, according to the Office of Employment and Training.
December’s numbers were also down by .9 percentage points when compared to the same month last year. But Kentucky still lags behind the national average of 7.8 percent. But Manoj Shaker, an economist with the Office of Employment and Training, points to gains in the labor force, the number of people employed or looking for a job.
"That's increased also from last year, which means that people have got the signal that the economy is improving, that there are jobs out there. If you look and apply you might get one. Those are positive signals. That's why the labor force has increased also," Shanker says.
Among the sectors gaining jobs: accommodation and food services, education and health, and the information sector. Those losing ground include mining and logging, manufacturing, construction, and government