Unemployment Rate Drops Significantly in Kentucky

Frankfort, KY – Kentucky's seasonally-adjusted unemployment rate
dropped to 5.2 percent for the month of January.
That was a decline from the six percent level recorded
in the previous month. The January 2004 figure was
seven-tenths of a percent lower than January of 2003.

The Department for Employment services reports that
eight of the ten nonfarm job sectors had employment
increases in January. A monthly survey of business
establishments revealed that Kentucky's nonfarm
employment jumped by 7,600 jobs on a seasonally
adjusted basis.

The manufacturing sector accounted for 300 of those
jobs, according to the report. The U-S Bureau of Labor
Statistics says the number of unemployed Kentuckians
declined by 13, 861 from the previous month.