Local News
3:35 pm
Thu November 21, 2013

Kentucky's Jobless Rate Rose Slightly in October

Kentucky's unemployment rate has inched upward again, rising to 8.4 percent in October.

The jobless rate went up one-tenth of a point from September.

The Kentucky Office of Employment and Training blames the increase in part on the partial federal government shutdown as well as baby boomer retirements.

The government shutdown resulted in the temporary furloughs of many federal employees and contractors.  

Economists say the state's labor market has struggled since late spring, and the jobless rate has hovered around the 8.4 percent mark for the past five months.

The trade, transportation and utilities sector lost 5,200 jobs in October.

There were also job losses in the leisure and hospitality, manufacturing, financial services and government sectors.