KY Jobless Rate Improves Slightly in August

By: Associated Press
By: Associated Press

FRANKFORT, Ky. (AP) — The state unemployment rate declined slightly in August despite significant job losses in some key labor market sectors.

The Kentucky Office of Employment and Training reported Thursday that the rate fell to 8.4 percent, down from 8.5 percent in July.

State economist Manoj Shanker said the trade, transportation and utilities sector shed 2,100 jobs in August. The financial services sector lost 700 jobs. The government sector fell by 500 positions. The information sector, which includes newspapers, lost another 500 workers. And the mining and logging sector declined by another 100.

Those losses were offset by gains in the state's professional and business services sector, which added 2,700 jobs. The construction sector added 1,700 jobs. The manufacturing sector grew by 1,500 jobs. Education and health services increased by 1,300 jobs.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 224422591 - wbko.com/a?a=224422591
Gray Television, Inc.