Unemployment Rate at 4 Year Low; Down in 100 Counties
FRANKFORT, KY: Governor Ernie Fletcher voiced his pleasure with the county-by county unemployment rates for September, which were released by the Kentucky Office of Employment and Training, an agency of the Education Cabinet.
“I am distinctly pleased with the fact that unemployment rates fell in 100 of our 120 Kentucky counties between September 2003 and September 2004. Today, only two Kentucky counties have jobless rates at or above 10 percent and a year ago, there were eight counties in that situation,” stated Governor Fletcher. “At the same time, this progress also reminds us that there is hard work to be done. I am determined to continue our focus on economic development efforts to improve the unemployment rates across the state.”
On Oct. 26, Kentucky’s statewide seasonally adjusted unemployment rate for the month of September was announced at 4.6 percent. It was the first time since 2001 that the rate was below the 5 percent level. The national seasonally adjusted unemployment rate for September is 5.4 percent.
“Creating new jobs is a top priority of this Administration. If we can continue to grow jobs and reduce unemployment, we will make Kentucky a better place to live, work and raise a family,” Governor Fletcher concluded.
Metcalfe County’s rate of 1.9 percent was the lowest in the state. Magoffin County recorded the highest unemployment rate at 13.1 percent.
For more information about Kentucky’s seasonally adjusted unemployment rate, please contact Kim Saylor Brannock in the Kentucky Education Cabinet at (502)-564-6606.