Unemployment Rate Down
Frankfort, KY – Kentucky's seasonally adjusted unemployment rate decreased to a preliminary 6.3% in january this year. That's compared to the revised December 2005 rate of 6.5%.
The office of employment and training reports January's rate was above January 2005's rate of 5.4%.
Chief labor market analyst Carlos Cracraft says Kentucky was one of 15 states plus the District of Columbia that reported an unemployment rate above the U.S. jobless rate in January this year.
January marked the sixth consecutive month that Kentucky's non-farm payroll employment showed a gain.