Kentucky’s jobless rate dips to 4.9 percent in October 2015

Kentucky’s preliminary October 2015 unemployment rate dipped to 4.9 percent from a seasonally adjusted 5 percent in September 2015, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet. Kentucky’s jobless rate had not been that low since May 2001 when it was 4.9 percent.

The state rate in October 2015 was 0.7 percent below the 5.6 percent rate recorded in October 2014. The U.S. seasonally adjusted jobless rate was 5 percent in October 2015 compared to 5.1 percent in September 2015, according to the U.S. Department of Labor. Read More