Jobless Rate Declines in Kentucky
Frankfort, KY – Kentucky's seasonally-adjusted uemployment rate fell
from 5.5 percent in March to 5.3 percent in April. The Department
for Employment Services reports the decline from the previous
year's levels stands at one full percent.
The department's chief labor market analyst, Carlos Craycraft,
says the year to year decline is "a significant drop." He says
another positive sign is a fifteen percent decline in the number
of claims for first-time unemployment benefits.
The U-S Bureau of Labor Statistic's monthly estimate of the
number of employed people in Kentucky for April of 2004
was 1, 881, 110, on a seasonally-adjusted basis. That number
indicates that 3, 381 more Kentuckians had jobs in April than