Unemployment Up Slightly
Frankfort, KY – Kentucky's unemployment rate rose slightly in March even though estimated employment actually went up. The report from the state office of employment and training Thursday says the March unemployment rate of 5.3% was up from the February figure of 5.2%.
The rate is still well below the March 2004 rate of 5.7%
A monthly survey of business establishments revealed that Kentucky's non-farm employment jumped by 3,500 in March. Since March 2004, non-farm employment has gone up more than 14,000.
Carlos Cracraft, the department's chief labor market analyst, says unemployment and the civilian work force do not include people who have not actively sought employment with the past four weeks.