State unemployment rate down slightly

FRANKFORT, Ky. (WTVQ) – Kentucky’s seasonally adjusted preliminary December 2018 unemployment rate was down slightly from November.

The Kentucky Education and Workforce Development Cabinet released its December 2018 unemployment report Thursday.

According to the Kentucky Center for Statistics (KYSTATS), the states unemployment rate was 4.4 percent, down from 4.5 percent in November.

Kentucky civilian labor force decreased by 1,584 individuals in December 2018, bringing the state’s labor force to 2,074,067. The number of people employed in December was up by 45, while the number unemployed decreased by 1,629.

The U.S. seasonally adjusted jobless rate for December 2018 was 3.9 percent, up 0.2 percentage points from its November 2018 level, according to the U.S. Department of Labor.

Labor force statistics, including the unemployment rate, are based on estimates from the Current Population Survey of households. The survey is designed to measure trends in the number of people working. It includes jobs in agriculture and individuals who are self-employed.

For a complete breakdown of Kentucky’s labor market information, click HERE.

Kentucky’s seasonally adjusted preliminary December 2018 unemployment rate was down slightly from November.

Leave a Reply

Your email address will not be published. Required fields are marked *