ACCORDING TO THE KENTUCKY CENTER FOR STATISTICS……THE COMMONWEALTH’S OCTOBER UNEMPLOYMENT RATE WAS FOUR-POINT-TWO PERCENT WHICH
WAS UP ONE-TENTH OF A PERCENTAGE POINT FROM SEPTEMBER…..AND WAS UP TWO-TENTHS OF A PERCENTAGE POINT FROM A YEAR AGO…..
ALTHOUGH THE COMMONWEALTH’S JOBLESS RATE REMAINS FAIRLY LOW….THE NUMBER OF PEOPLE EMPLOYED IN KENTUCKY HAS DECREASED IN EACH OF THE
PAST FOUR MONTHS……AND WHILE MANY OF THESE INDIVDUALS ARE SEARCHING FOR A NEW JOB…..THE MAJORITY APPEAR TO HAVE LEFT THE LABOR MARKET…..
THE NUMBER OF PEOPLE EXITING THE LABOR FORCE WAS EQUAL TO 63-PERCENT OF THE DECREASE IN EMPLOYMENT OVER THE PAST FOUR MONTHS……