KY Jobless Rate Falls Below Eight Percent
FRANKFORT, KY - Kentucky's unemployment rate has fallen below 8 percent for the first time in four years.
The Office of Employment and Training reported Thursday that the January rate was 7.9 percent.
The last time the state's jobless rate was below 8 percent was November 2008 when it was 7.8 percent.
State economist Manoj Shanker said the jobless rate has been improving steadily over the past year in Kentucky where the civilian labor force reached 2,085,509 in January.
The state's manufacturing sector added 1,500 jobs in January, leading all other sectors. The construction sector was second with 600 additional jobs.
The transportation and utilities sector had the most dramatic losses, shedding 3,700 jobs in January. And the leisure and hospitality sector lost 1,000 jobs.