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Kentucky's jobless rate drops below 9 percent in January 2012 By Kim S. Brannock From Kentucky Educaiton and Workforce Development Cabinet FRANKFORT, KY. (2012-03-08) - Kentucky's seasonally adjusted preliminary unemployment rate fell below 9 percent for the first time in three years as it dropped to 8.8 percent in January 2012 from a revised 9 percent in December 2011, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet. The preliminary January 2012 jobless rate was 1.1 percentage points below the 9.9 percent rate recorded for the state in January 2011. The state's January 2012 rate is the lowest since the January 2009 rate of 8.9 percent. The U.S. seasonally adjusted jobless rate fell to 8.3 percent in January 2012 from 8.5 percent in December 2011, according to the U.S. Department of Labor. Labor force statistics, including the unemployment rate, are based on estimates and are compiled to measure trends rather than actually to count people working. In January 2012, Kentucky's civilian labor force was 2,066,349, a decrease of 2,694 individuals compared to the previous month. This story was posted on 2012-03-08 14:43:16
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