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County unemployment data for May 2023 From Mike Clark/Kim Saylor Brannock Frankfort, KY - Unemployment rates rose in 96 counties between May 2022 and May 2023, fell in 22, and stayed the same in two counties, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Labor Cabinet. Locally, unemployment fell year-to-year in Metcalfe County, remained unchanged year-to-year in Green County, and rose year-to-year in Adair, Casey, Cumberland, Russell and Taylor Counties. Month-to-Month, unemployment rates rose in Adair and all surrounding counties from April to May.
Carroll County recorded the lowest jobless rate in the commonwealth at 2.8%. It was followed by Spencer and Woodford counties, 3% each; Anderson, Oldham, Scott and Shelby counties, 3.1% each; and Cumberland, Fayette, Marion and Nelson counties, 3.2% each. Magoffin County recorded the state's highest unemployment rate at 8.9%. It was followed by Elliott and Martin counties, 7.9% each; Carter County, 7%; Lewis County, 6.9%; Breathitt County, 6.8%; Johnson and Owsley counties, 6.5% each; and Clay, Harlan and Leslie counties, 6.4% each. Kentucky's county unemployment rates and employment levels are not seasonally adjusted because of small sample sizes. Employment statistics undergo sharp fluctuations due to seasonal events such as weather changes, harvests, holidays, and school openings and closings. Seasonal adjustments eliminate these influences and make it easier to observe statistical trends. The comparable, unadjusted unemployment rate for the state was 3.8% for May 2023, and 3.4% for the nation. Kentucky's seasonally adjusted May 2023 unemployment rate was released on June 15, 2023, and can be viewed here. In that release, Kentucky's statewide unemployment rate and employment levels are adjusted to observe statistical trends by removing seasonal influences such as weather changes, harvests, holidays, and school openings and closings. For more information regarding seasonal fluctuations, visit the U.S. Bureau of Labor Statistics here. Unemployment statistics are based on estimates and are compiled to measure trends rather than actually to count people working. Civilian labor force statistics include non-military workers and unemployed Kentuckians who are actively seeking work. They do not include unemployed Kentuckians who have not looked for employment within the past four weeks. The data should only be compared to the same month in previous years. This story was posted on 2023-06-23 08:37:20
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