Kentucky’s Unemployment Rate Rises In July
Kentucky Center for Statistics in a release said the unemployment rate for July was up slightly from the previous month.
The rate in July was 4.3 percent, compared to 4.1 percent in June.
The number of employed people in Kentucky was down by more than 2,000 in July, and the number of unemployed increased by more than 3,000.
Employment in Kentucky’s mining and logging sector decreased by 300 jobs from June 2019 to July 2019.
Interim Director of the University of Kentucky’s Center for Business and Economic Research Mike Clark said despite uncertainty over trade issues, Kentucky’s employment continued to show strong growth in July.
Kentucky has added 28,100 jobs since July 2018, for a growth rate of 1.5 percent.
Kentucky has added 19,800 jobs so far in 2019. However, Clark said the household survey shows that fewer people worked in July, contributing to a higher unemployment rate.