UNEMPLOYMENT DROPS SLIGHTLY AS MORE JOBS ARE CREATED IN SEPTEMBER PDF Print
Friday, 19 October 2012 04:22

 

Kentucky’s seasonally adjusted preliminary unemployment rate in September 2012 decreased to 8.4 percent from a revised 8.5 percent in August 2012, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.

 

The preliminary September 2012 jobless rate was 1.1 percentage points below the 9.5 percent rate recorded for the state in September 2011.

 

The U.S. seasonally adjusted jobless rate fell to 7.8 percent in September 2012 from 8.1 percent in August 2012, according to the U.S. Department of Labor.

 

Kim Brannock with the Workforce Development Cabinet, says any good news is reason for excitement:

 

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Labor force statistics, including the unemployment rate, are based on estimates and are compiled to measure trends rather than actually to count people working.

 

 

 

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