19 July 2018
(Glasgow Daily Times)
Though the number of people employed rose, Kentucky's jobless rate increased slightly from May to June.
According to a report from the Kentucky Center for Statistics, the state's unemployment rate increased from 4.1 percent in May to 4.2 percent in June. The preliminary rate is .9 percent lower than the 5.1 percent mark recorded in June of 2017 for Kentucky.
"After falling to a low of 4 percent in March and April, Kentucky's unemployment rate increased in both May and June," said Mike Clark, University of Kentucky's Center for Business and Economic Research associated director, in a news release issued Thursday.
"The increase resulted from more people entering the workforce and looking for work in June rather than a decline in the number of people employed."
Kentucky's civilian labor force increased by 4,616 workers from May to June, according to the report.
The professional and business services sector shed 2,700 jobs from May to June, the most of any job sector. Construction jobs decreased by 300 and trade, transportation and utilities employment also fell by 300 positions from May to June.
The information services sector added 300 jobs in June.