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Kentucky's jobless rate goes up in December

State's jobless roll 6.3% in December 05 vs. 4.7% December 04
By Kim Saylor Brannock
KimS.Brannock@ky.gov
FRANKFORT, Ky. (Jan. 26, 2006) - Kentucky's seasonally adjusted unemploymentrate increased to a preliminary 6.3 percent in December 2005 from therevised November 2005 rate of 6.2 percent, according to the Office ofEmployment and Training, an agency of the Education Cabinet. December's ratewas above December 2004's rate of 4.7 percent.


The U.S. seasonally adjusted jobless rate decreased from 5 percent inNovember 2005 to 4.9 percent in December 2005, according to the U.S.Department of Labor.

Kentucky one of 18 states with above average unemployment

"Kentucky was one of 18 states plus the District of Columbia that reportedan unemployment rate above the U.S. jobless rate in December 2005," saidCarlos Cracraft, the department's chief labor market analyst.

"Even though the unemployment rate went up in December in Kentucky, werecorded an increase in Kentucky's nonfarm payroll employment of 900.Compared to December 2004, Kentucky's nonfarm employment has grown by 20,900making Kentucky one of 47 states and the District of Columbia that has seenover-the-year increases in nonfarm employment," Cracraft said.

Five job classifications show increases

Five of the 10 major nonfarm job North American Industry ClassificationSystem (NAICS) sectors had employment increases in December, while fourdecreased and the remaining one stayed the same, Cracraft said. The increaseof 900 workers brought Kentucky's nonfarm employment to a seasonallyadjusted total of 1,823,600 in December 2005.

According to the seasonally adjusted employment data, the state'seducational and health services sector reported 600 more jobs in December2005 than in November 2005. Since December 2004, the sector has jumped by4,200 jobs. "This sector includes private and nonprofit establishments thatprovide either education and training or health care and social assistanceto their clients. A majority of these 4,200 new jobs have been in the healthcare industries, as health care employment continues to grow," saidCracraft.

The professional and business services sector had 600 more jobs in December2005 than November 2005. This sector reported 4,200 more employees inNovember 2005 than November 2004. "This sector includes professional,scientific and technical services, and management of companies andadministrative and support management, including temporary help agencies,"Cracraft said.

The state's construction sector added 600 jobs in December 2005. SinceDecember 2004, employment in this sector has risen by 2,900. Most of thehires have been in specialty trades, such as contractors involved in pouringconcrete, site preparation, plumbing, painting and electrical work, saidCracraft.

Leisure and hospitality sectors grow

Kentucky's leisure and hospitality sector rose by 500 jobs from November2005 to December 2005. Since December 2004, the sector's employment has goneup by 4,800 employees. The sector includes arts, entertainment, recreation,accommodations and food services and drinking places industries.

The financial activities sector went up by 300 jobs in December 2005. Thissector, which includes establishments involved in finance, insurance, realestate and property leasing or rental, has decreased by 1,300 jobs over thepast 12 months.

Transportation and utilities sector loses 900 jobs

On the negative side, the trade, transportation and utilities sectorrecorded a drop of 900 jobs in December 2005. This sector includes retailand wholesale trade, transportation and utilities businesses, andwarehousing, and is the largest sector in Kentucky with 375,300 employees.Since December 2004, the number of jobs in this sector has jumped by 2,600.

The state's manufacturing sector lost 500 jobs in December 2005. Compared toDecember 2004, the sector had 1,000 more employees in December 2005. Employment in the other services sector, which includes such establishmentsas repair and maintenance places, personal and laundry services, religiousorganizations, and civic and professional organizations, decreased by 200jobs from November 2005 to December 2005. Over the past 12 months, thesector has added 1,400 positions.

Kentucky's information sector employment went fell by 100 jobs from November2005 to December 2005. This sector, which includes firms involved inpublishing, Internet activities and broadcasting and news syndication, has900 fewer jobs since December 2004.

The government sector, which includes public education, remained the samefrom November 2005 to December 2005. Since December 2004, this sector hasgained 700 jobs.

The U.S. Bureau of Labor Statistic's monthly estimate of the numberof employed Kentuckians for December 2005 was 1,889,808 on a seasonallyadjusted basis. This figure is down 2,579 from the 1,892,387 employed inNovember 2005, but up 14,025 from the 1,875,783 employed in December 2004.

The monthly estimate of the number of unemployed Kentuckians forDecember 2005 was 127,174. This figure is up 2,645 from the 124,529unemployed in November 2005, and up 35,296 from the 91,878 Kentuckiansunemployed in December 2004.

The monthly estimate of the number of Kentuckians in the civilianlabor force for December 2005 was 2,016,982. This figure is up 66 from the2,016,916 recorded in November 2005, and up 49,321 from the 1,967,661recorded for December 2004.

Unemployment statistics based on estimates

Unemployment statistics are based on estimates and are compiled to measuretrends rather than actually to count people working. Civilian labor forcestatistics include non-military workers and unemployed Kentuckians who areactively seeking work. They do not include unemployed Kentuckians who havenot looked for employment within the past four weeks.

Kentucky's statewide unemployment rate and employment levels are seasonallyadjusted. Employment statistics undergo sharp fluctuations due to seasonalevents, such as weather changes, harvests, holidays and school openings andclosings. Seasonal adjustments eliminate these influences and make it easierto observe statistical trends. However, because of the small sample size,county unemployment rates are not seasonally adjusted.
Learn more about the Office of Employment and Training atwww.workforce.ky.gov.

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This story was posted on 2006-01-26 09:48:27
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