Kentucky’s Unemployment Rises to 10.7%
Not to add any more negativity to an already bleak situation, but Kentucky’s unemployment rose slightly in December. Not that this is a big shock to most people, but everyone, I know, was hopeful that people would at least have some seasonal work. But that doesn’t seem to be the case. From the Education and Workforce Development Cabinet:
“Kentucky’s seasonally adjusted preliminary unemployment rate rose to 10.7 percent in December 2009 from a revised 10.6 percent in November 2009, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.
December 2009’s jobless rate is 3.1 percentage points higher than the 7.6 percent rate recorded in December 2008 for Kentucky. The 10.7 percent rate recorded in December 2009 is the highest since October 2009 when the unemployment rate reached 11.3 percent.”
The rest of the press release discusses where we have added jobs, but particularly, where we have lost jobs. Clearly, we have a long way to go in creating jobs.
What have you seen in your county?
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