WKU Public Radio News Staff
Tue October 26, 2004
Jobless Rate Hits Three Year Low in Kentucky
By Dan Modlin
Frankfort, KY – Kentucky's seasonally-adjusted unemployment rate has
dropped to its lowest level of the year. The Office of
Employment and Training says the unemployment rate is
now down to four-point-six percent.
The figures from September are down one-half percent
from the previous month. Carlos Craycraft, the Department's
Chief Labor Market Analyst, says last month marked the first
time since early 2001 that the state's jobless rate has
dipped below five percent.
Seven of the ten major non-farm job sectors showed
employment increases in Kentucky last month. The state's
Educational and Health Services sector reported and increase
of fifteen hundred jobs, while the manufacturing sector added
seven hundred jobs in the Commonwealth.
The U-S Bureau of Labor Statistics estimates---- on a
seasonally-adjusted basis--- that more than one million,
889 thousand Kentuckians were employed in September.