Kentucky’s seasonally adjusted preliminary January 2024 unemployment rate was 4.3 percent, according to the Kentucky Center for Statistics.
According to a news release, the preliminary January 2024 jobless rate was unchanged from December 2023 and was up 0.2 percentage point from one year ago, so the rate has stayed fairly stagnant.
The U.S. seasonally adjusted jobless rate for January 2024 was 3.7 percent, which was also unchanged from December 2023, according to the U.S. Department of Labor.
Labor force statistics, including the unemployment rate, are based upon estimates from the Current Population Survey of households. The survey is designed to measure trends in the number of people working and includes jobs in agriculture and individuals who are self-employed.
The number of people employed in January fell by 1,580 to 1,936,885 while the number unemployed increased by 358 to 87,062.