Thursday, October 21, 2010
Kentucky's Unemployment Rate Remains In Double Figures
KENTUCKY....
Kentucky's unemployment rate is still in double figures but is lower than a year ago.
The state Office of Employment and Training said Thursday that the jobless rate was 10.1 percent in September, up from a revised rate of 10 percent in August. But last month's rate is down from the 10.8 percent figure in September 2009.
Justine Detzel, chief labor market analyst for the state, says Kentucky's economy remained stagnate last month. Detzel says the slight increase in the jobless rate from August to September is due to government cutbacks and layoffs at administrative and support businesses.
Last month's joblessness matches the unemployment rate in March 2009 and is the highest since May 2010 when the rate was 10.4 percent.
# posted by Homer Owens @ 7:01 PM 
