WKU Public Radio News Staff
Mon May 3, 2004
Kentucky's Seasonally Adjusted Jobless Rate Up Slightly
By Dan Modlin
Frankfort, Ky – Kentucky's Seasonally-adjusted unemployment
rate went up from 5.3 percent to 5.5 percent in
March. The Department for Employment Services
points out that the figure for March was down
from the previous year's level, however.
In March of 2003, the unemployment rate stood at
6. 2 percent. The Department's Chief Labor Market
Analyst, Carlos Craycraft says the year to year decline
is significant. He stresses that Kentucky is one of
44 states that had a lower unemployment rate this
March than in March of 2003.
Kentucky's leisure and hospitality sector reported 300 more
jobs in March than in February. However the professional
and business services sector recorded a decline of
1200 employees in March.