16 August 2018
(WKMS)
Kentucky’s July unemployment rate ticked down again from last year, but the rate is up slightly from June 2018.
The Kentucky Center for Statistics reports the seasonally adjusted rate was 4.3 percent for July and 4.2 percent for June. Jobs in the manufacturing and government sectors increased, but jobs in the education and health services sector dropped.
Since July of last year the preliminary jobless rate has decreased by 0.7 percent. University of Kentucky’s Center for Business and Economic Research Associate Director Mike Clark says the number of people working actually increased, but the number of people unemployed grew at a faster rate are entering the workforce.