Kentucky’s Annual Jobless Rate Falls To 9.5 Percent In 2011

By Lane Report Staff

Kentucky’s annual unemployment rate declined to 9.5 percent in 2011 from 10.2 percent in 2010, while nonfarm employment gained 21,200 jobs, according to the Kentucky Office of Employment and Training. The U.S. annual unemployment rate fell to 8.9 percent in 2011 from 9.6 percent in 2010.

“In 2011, the Kentucky economy clearly made strides in recovering from the recession. All three components of Kentucky’s labor force made significant shifts in the right direction: the civilian labor force expanded, employment went up and the number of unemployed declined by more than 13,000,” said Manoj Shanker, an economist with OET.

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