Kentucky’s seasonally adjusted preliminary unemployment rate fell to 9.4 percent in November 2011 from 9.6 percent in October 2011, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.
The preliminary November 2011 jobless rate was 0.8 percentage point below the 10.2 percent rate recorded for the state in November 2010. The state’s November 2011 rate is the lowest since the January 2009 rate of 9.2 percent.
The U.S. seasonally adjusted jobless rate dropped to 8.6 percent in November 2011 from nine percent in October 2011, according to the U.S. Department of Labor.
“The year-to-year data shows a positive growth trend with the unemployment rate dropping nearly one percent over the past year. In the last month, a decline in the civilian labor force was the main factor in the decrease in the unemployment rate as people dropped out of the workforce, which is contrary to the trend over the year,” said Ron Crouch, OET director of Research and Statistics.
Unemployment statistics are based on estimates and are compiled to measure trends rather than actually to count people working.
