While nearly one in 10 Kentuckians looking for work are having no luck in doing that, the jobless rate is actually dropping — though very slightly.
The just-reported unemployment rate for July in Kentucky is 9.5 percent, down from 9.6 percent the month prior. In the seven months since the year began, unemployment has slowly dropped from 10.4 percent, a dip of only 0.9 percent through July. Though the improvement has not been dramatic, the rate has continued to fall and has not increased from month-to-month at any time during 2011.
In July 2010, the jobless rate was 10.2 percent.
Each month, the Office of Employment and Training, an agency of the Kentucky Education and Workforce Development Cabinet, reports the seasonally-adjusted preliminary jobless rate in Kentucky. Figures for individual counties will be released next week.
