Daily Independent (Ashland, KY)

Local News

July 28, 2013

Unemployment rates up in FIVCO

Only Boyd sees improvement

ASHLAND — Unemployment rates rose in June across most FIVCO area as compared to a year ago.

The Kentucky Office of Employment and Training reported last week that unemployment rates among individuals who are actively seeking work increased in 88 of Kentucky’s 120 counties during June 2013, as compared to the same month in 2012.

Unemployment rates were lower for the month in 26 counties and stayed the same in just six counties. The figures are not seasonally adjusted because of the small sample size, and should be compared to the same month in previous years, officials said.

The unemployment rate across the FIVCO region rose to 9.8 percent in June 2013, up from 9.6 percent a year ago.

Only Boyd County saw an improvement in unemployment rates for the month, as compared to a year ago. Boyd County unemployment was recorded in June to be 8.1 percent, down from 8.3 percent.

Carter County continued to have the highest rate of unemployed residents at 12.4 percent, up from 12.2 percent a year ago. Elliott County’s rate of unemployment was 12 percent in June, up from 11.4 percent. Greenup County’s rate also rose to 9.1 percent in June up from 8.6 percent in June 2011.

Lawrence County saw the largest increase as compared to a year ago. The June unemployment rate there jumped from 10.2 percent in June 2012 to 11.5 percent in June 2013.

Unemployment statistics are based on estimates and are compiled to measure trends rather than actually count people working, according to officials.  The figures do not include unemployed Kentuckians who have not been searching for work in the last four weeks.

CARRIE STAMBAUGH can be reached at (606) 326-2653 or by email at cstambaugh@dailyindependent.com

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