unemployment

Local News
1:34 pm
Thu December 26, 2013

Kentucky Unemployment Increases Compared to 2012

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The unemployment rate has risen over the past year in 96 of Kentucky’s 120 counties.

Data released by the Kentucky Office of Employment and Training says that the unemployment rate rose to 7.7 percent, up .3 percent over 7.4 percent last year.

The hardest hit counties are in Eastern Kentucky, with Leslie County having the state's highest jobless rate at 16.4 percent. 

Declines in manufacturing and the coal industry are the biggest contributors to those numbers, says Munoj Shanker, an economist for the Kentucky Workforce Development Cabinet.

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Local News
3:59 pm
Fri November 22, 2013

Indiana Jobless Rate Drops to Pre-Recession Level

Indiana's unemployment rate has dropped to 7.5 percent, marking its lowest level since late 2008 as the recession deepened.

Figures released Friday by the state Department of Workforce Development show Indiana's jobless rate fell three-tenths of a percentage point for October.   It’s nearly a full point lower than the 8.4 percent rate in June and July.

Indiana's jobless rate is slightly higher than the national rate of 7.3 percent. The new report shows nearly 223,000 people were looking for jobs last month in Indiana.

Local News
3:35 pm
Thu November 21, 2013

Kentucky's Jobless Rate Rose Slightly in October

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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.  

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Local News
2:59 pm
Thu August 15, 2013

Kentucky's Jobless Rate Rises Again in July

Kentucky's unemployment rate rose slightly in July as the state's civilian labor force shrank, marking the third straight monthly increase in the jobless rate.

The Office of Employment and Training says the statewide rate rose to 8.5 percent,  up  from 8.4 percent in June.

The jobless rate has risen every month since April, when unemployment stood at 7.9 percent.

The national unemployment rate dropped to 7.4 percent in July, down from 7.6 percent the prior month.

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Local News
12:59 pm
Tue February 12, 2013

Indiana Jobs Panel Would Target Veterans' Unemployment

Indiana legislative leaders say they want a proposed statewide career council to include efforts to reduce the state's high jobless rate among military veterans.

House Speaker Brian Bosma says he was startled to learn that 20 percent of Indiana's post 9/11 veterans are unemployed. Bosma says the bill establishing the Indiana Career Council was amended to include a requirement that it involve military and veterans organizations as its proposals are developed.

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Local News
2:34 pm
Fri February 8, 2013

Fewer Kentuckians Collecting Unemployment

The number of Kentuckians receiving unemployment benefits has fallen to just over 68,000.   

"That is down 57 percent from the high of 157,162 who received benefits in January of ’10.  The monthly initial claims of 35,000  is the lowest number in four years," said Joe Meyer,  secretary of the Education and Workforce Development Cabinet. 

Meyer testified this week before a Kentucky House committee.

Local News
2:41 pm
Thu January 17, 2013

Kentucky's Jobless Rate Fell Slightly in December

Kentucky’s jobless rate dropped to 8.1 percent last month.

The Kentucky Education and Workforce Development Cabinet says the unemployment rate for December 2012 was down from 8.2 percent in November and well below the 9 percent recorded in December of 2011.

According to data from the Bureau of Labor Statistics, jobs in the leisure and hospitality field grew by 1,100, jobs in the educational and health services rose by 500 and jobs in the informational and financial sectors grew by a total of 600.

Local News
11:55 am
Wed December 26, 2012

Jobless Rates Fall in 99 Kentucky Counties

kylmi.ky.gov/

Kentucky state government officials say jobless rates improved in 99 counties in November but worsened in 20 others.

The Kentucky Office of Employment and Training reports that Woodford County kept its status as the place with the lowest jobless rate in the state at 5.4 percent. Scott County had the second lowest rate at 5.9 percent. And Fayette, Franklin, Oldham and Union counties were at 6 percent.

Magoffin County had the worst unemployment at 15.1 percent. Fulton County was a close second at 15 percent.

Local News
4:09 pm
Wed December 19, 2012

Kentucky Job Market Numbers Rising

Kentucky’s labor market numbers are returning to pre-recession levels.

Office of Employment andTraining Economist Manoj Shanker says Kentucky is now adding about 5,800 jobs each month. Shanker says one reason employers are hiring right now is because wages are low.

“Retail jobs and warehousing jobs have gone up. That’s because the wages have fallen a lot. So it doesn’t cost employers a lot to have people at the front lines working and selling things, especially during November and December,” Shanker said.

Politics
2:22 pm
Thu July 26, 2012

Louisville Metro Jobless Rate Up Slightly

The unemployment rate in the Louisville metro area increased to 8.3 percent in the month of June, which is a slight uptick, according to the Kentucky Office Of Employment & Training.

The numbers released Thursday show the jobless rate was 8.1 percent in May, but that unemployment is down significantly when compared to the 9.9 percent rate last year. Statistics in the report cover the 13-county metropolitan statistical area that includes surrounding Kentucky counties and Southern Indiana. It shows approximately 53,700 people are unemployed. 

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