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Business and the Economy

Kentucky Jobless Rate Falls to 6.7 Percent

bizjournals.com

Kentucky officials say the state's unemployment rate in September dropped to its lowest rate in more than six years.

The Kentucky Office of Employment and Training said Thursday the seasonally adjusted jobless rate fell to 6.7 percent last month, down from 7.1 percent in August. It's the lowest statewide jobless rate since July 2008, when the rate was 6.6 percent.

Officials say last month's decline was the biggest one-month drop in unemployment rates since 1976.

The preliminary rate for September was 1.6 percentage points below the 8.3 percent jobless rate in September 2013.

Officials say job gains occurred in a number of sectors last month, including leisure and hospitality, educational and health services, professional and business services and construction. They say employment in the government and mining sectors remained flat.

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Business and the Economy KY unemploymentunemployment rate
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