Kentucky Unemployment Rate is at 3.70%, compared to 3.80% last month and 4.80% last year. This is lower than the long term average of 6.65%.
Basic Info.
| Region | Kentucky |
|---|---|
| Source | Bureau of Labor Statistics |
Where does Ky rank in unemployment?
Unemployment Rates for States
| State | May 2022(p) rate | Rank |
|---|---|---|
| Kentucky | 3.8 | 31 |
| Massachusetts | 3.9 | 32 |
| New Jersey | 3.9 | 32 |
| Ohio | 3.9 | 32 |
What state has the highest unemployment rate right now?
Here are the 10 states with the highest unemployment rate: New Mexico (5.30%) Nevada (5.00%) Alaska (4.90%)
Unemployment Rate by State 2022.
| State | Unemployment Rate |
|---|---|
| California | 4.60% |
| Illinois | 4.60% |
| Delaware | 4.50% |
| New York | 4.50% |
How many people are in Kentucky unemployment?
The number of unemployed Kentuckians for 2021 was 95,205, down 34,598 or 26.7% from the 129,803 unemployed in 2020. There were 98,127 fewer individuals or 50.8% less unemployed in 2021 than 10 years ago. In 2021, the estimated number of Kentuckians in the civilian labor force was 2,036,942.
What state has the lowest unemployment rate right now?
Minnesota had the lowest rate at 1.8%, followed by Nebraska at 1.9%. The map below shows the most recent unemployment rate for every state, according to BLS data.
Is Kentucky rich or poor?
Kentucky is the fortieth richest state in the United States of America, with a per capita income of $26,779 (2017).
Is Kentucky a poor state?
Overall, out of Americans for whom the Census Bureau was able to determine poverty status, 42.31 million lived below the poverty line (or 13.15% of the total population).
List.
| State or Territory | Kentucky |
|---|---|
| Population | 4,322,881 |
| Population under Poverty Line | 717,895 |
| Poverty Rate | 16.61% |
What state has the most job opportunities 2022?
States with the Highest Employment Rates
- South Carolina. South Carolina has the highest employment rate in the United States of 97.7% (an unemployment rate of 2.3%).
- Utah. Utah is tied with South Carolina for the highest employment rate of 97.7%.
- Vermont.
- North Dakota.
- Colorado.
- Alaska.
- Mississippi.
- District of Columbia.
Which state has the worst unemployment?
Unemployment rate by jurisdiction
| Rank | Rank (50 states) | State federal district or territory |
|---|---|---|
| 1 | — | American Samoa |
| — | — | Northern Mariana Islands |
| 2 | — | Puerto Rico |
| 3 | 1 | Nevada |
What states have the worst unemployment?
Wyoming
| Rank | State | Unemployment rate |
|---|---|---|
| 1 | NORTH DAKOTA | 2.8 |
| 2 | NEBRASKA | 3.6 |
| 2 | UTAH | 3.6 |
| 4 | SOUTH DAKOTA | 3.7 |
Where does Kentucky’s economy rank?
Kentucky ranked 42nd worst economy in US.
Does Kentucky have the highest unemployment rate?
In April 2020, the U.S. Bureau of Labor Statistics reported Kentucky’s unemployment rate at 16.5 percent — a steep jump from 4.1 percent in March 2020 and, thus far, remains the highest unemployment rate in the state’s history. Gov.
What is the inflation rate in Kentucky?
August 2022
| Prices (BLS/Haver, AAA) | ||
|---|---|---|
| CPI-U Inflation | 6.8% | 6.2% |
| “Core” CPI Inflation | 4.9% | 4.6% |
| National Gas/gal. Updated 8/10/22 12:00 AM | $4.01 | $4.68 |
| Kentucky Gas/gal. | $3.61 | $4.38 |
Which states have the most job growth?
Job growth is reported each month as part of the Bureau of Labor Statistics’ Employment Situation Summary.
Here are the 10 states with the largest change in jobs:
- Nevada (1.03%)
- Utah (1.03%)
- Washington (1.03%)
- Idaho (1.03%)
- Florida (1.03%)
- Texas (1.03%)
- Arizona (1.03%)
- New Mexico (1.02%)
What is the real unemployment rate 2022?
June Unemployment Numbers: Stable in 38 States
| State | Jan. | April |
|---|---|---|
| California | 5.8 | 4.6 |
| Colorado | 4.1 | 3.6 |
| Connecticut | 5.3 | 4.4 |
| Delaware | 4.8 | 4.5 |
Which is worse inflation or unemployment?
Is Inflation More Important Than Unemployment? On a general scale, unemployment is more important than inflation. That’s because it makes more sense to keep people working. As long as they’re employed, people have a chance to keep up with inflation, even if prices are higher.
What is the richest town in KY?
According to the report, the wealthiest city in Kentucky is Indian Hills.
What is the poorest city in KY?
The poorest town in Kentucky is Franklin, which is near the Kentucky-Tennessee border off of Interstate 65. According to the website, the town of 8,563 has median household income of $30,398 and a poverty rate of 26.2 percent.
What is a good salary in Kentucky?
While ZipRecruiter is seeing salaries as high as $134,623 and as low as $18,478, the majority of salaries within the Average jobs category currently range between $43,554 (25th percentile) to $65,991 (75th percentile) with top earners (90th percentile) making $87,988 annually in Kentucky.
How much do you need to live comfortably in Kentucky?
Kentucky’s living wage for an individual is $14.16 an hour, or $29,459 a year. Housing costs an individual $6,907 annually. A family of four requires $20.16 an hour, or $83,274 a year, to cover their basic needs. Annually, they will spend $9,708 on housing, $12,965 on transportation, and $14,955 on childcare.
What is America’s poorest state?
Mississippi
Mississippi. Mississippi is the poorest U.S. state, with 18.8% of its residents living in poverty. The state also has the highest child poverty rate, with 27.9% of its under-18 population meeting federal poverty guidelines. Fifteen percent of residents are food insecure.