Friday, November 20, 2009
Kentucky Jobless Rate Rises While Some Jobs Increase
In October, Kentucky's unemployment rate rose to 11.2%, while the state saw an overall net gain in jobs. The state Office of Employment and Training says the state's economy showed slight improvement, but hiring tended to be temporary. Since about May, Kentucky's unemployment rate had stood above 10%, while the rate one year ago was 6.9%. During October, seven of the 11 major industries tracked showed employment increases, and four decreased, while, overall, the state added 2,900 jobs, representing an easing in the employment losses in the state's economy.