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Kentucky's Unemployment Rate Falls to 5 Percent

Kentucky's Unemployment Rate Falls to 5 Percent
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By The Associated Press
May. 21, 2015 | FRANKFORT, KY
By The Associated Press May. 21, 2015 | 09:52 AM | FRANKFORT, KY
Kentucky's unemployment rate fell to 5 percent in April, the lowest it has been in 14 years.
 
It is the ninth straight month Kentucky's unemployment rate has been lower than the national average, which was 5.4 percent in April.
 
Kentucky's labor force increased by more than 3,500 people in April while an extra 4,984 people found work. State government jobs jumped 1.7 percent, with one-third of those in administration jobs and the rest in state educational institutions and hospitals. Construction added an extra 1,900 jobs while manufacturing added an additional 1,100 jobs.
 
The unemployment rate is based on an estimate of the state's current population survey of households and is designed to measure trends and not say definitively how many people are working. The rate includes those who are self-employed and work in agriculture.


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