Monday, March 08, 2010
Kentucky Jobless Rate At 26-Year High
KENTUCKY...
Kentucky's jobless rate is out for last year, and it doesn't look good. Kentucky's annual unemployment rate for 2009 jumped to a 26-year high of 10.5 percent. That's the highest annual rate since 1983 when it was 11.3 percent. The 2008 rate was 6.6 percent. The Kentucky Education and Workforce Development Cabinet announced the rate Thursday. Spokeswoman Kim Brannock says Kentucky tied with Florida and Tennessee for the 8th highest unemployment rate for 2009. The U.S. unemployment rate climbed to 9.3 percent in 2009, also making it the highest annual U.S. unemployment rate since 1983, when it was 9.6 percent.
Kentucky's jobless rate is out for last year, and it doesn't look good. Kentucky's annual unemployment rate for 2009 jumped to a 26-year high of 10.5 percent. That's the highest annual rate since 1983 when it was 11.3 percent. The 2008 rate was 6.6 percent. The Kentucky Education and Workforce Development Cabinet announced the rate Thursday. Spokeswoman Kim Brannock says Kentucky tied with Florida and Tennessee for the 8th highest unemployment rate for 2009. The U.S. unemployment rate climbed to 9.3 percent in 2009, also making it the highest annual U.S. unemployment rate since 1983, when it was 9.6 percent.
# posted by Homer Owens @ 3:13 PM 
