There’s a saying in Kentucky that “you need to make hay while the sun is shining” and during the previous month, the sun definitely shined brightly in the Commonwealth. Kentucky’s seasonally adjusted preliminary unemployment rate for August 2016 was 4.9 percent from a revised 5 percent in July 2016, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.
The preliminary August 2016 jobless rate was 0.4 percentage points lower than the 5.3 percent rate recorded for the state in August 2015.
The U.S. seasonally adjusted jobless rate for August 2016 was 4.9 percent, according to the U.S. Department of Labor. Read More