State Unemployment Rate Up
Frankfort, KY – Kentucky's seasonally adjusted unemployment rate increased to a preliminary 6.3% in December from the revised November rate of 6.2%.
The Office of Employment and Training reports December's rate was above December 2004's rate of 4.7%.
Chief labor market analyst Carlos Cracraft syas that even though the unemployment rate went up in December in kentucky, the state recorded an increase in Kentucky's non-farm payroll employment of 900.
He says that compared to December 2004, Kentucky's non-farm employment has grown by almost 21,000