State jobless rate ticks up to 3.6 percent, remains below US
Apr 20 2017 by Kathy Alvarado
Kentucky's seasonally adjusted preliminary March unemployment rate remained unchanged from February at 5 percent, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.
US employers added just 98,000 jobs last month, the fewest in a year, though the unemployment rate fell to a almost 10-year low of 4.5 percent.
In March a year ago, the statewide unemployment rate was 5.6 percent.
The national unemployment rate for March was 4.5 percent.
The number of employed workers increased by 19,093, as the labor force grew by 9,627 to 5,020,332.
The unemployment rate is based on a survey of households, while the jobs figures are based on a survey of employers, and both are subject to revision.
Gov. Brian Sandoval said Nevada is now fourth in the nation in job growth and first-time filings for jobless benefits are the lowest in 20 years. And the leisure and hospitality sector reported 351,000 employed, down 900 from the previous month.
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Nonfarm employment increased over the year by 63,500 jobs. The labor participation rate is the percentage of all Georgia residents at least 16 years old who are in the labor force.
Information sector jobs increased by 200 in March 2017 and has risen by 1,300 jobs or 5.7 percent since March 2016. The largest increases occurred in professional/business services, leisure/hospitality, and trade/transportation/utilities.
The labor department urges that those searching for work take a look at its site, www.employgeorgia.com, which had just over 85,000 new job postings in March. Year over year, new claims are down by 2,963 from 27,982.
The mining and logging sector gained 100 jobs in March 2017.
Other Services added 700 (+0.5%) jobs over the month. Valdosta also saw a slight increase in filings, with every other Georgia metro area experiencing declines over the past year.