Kentucky Payrolls Hold Flat in July as U.S. Unemployment Stays at 4.1%
Updated
Updated · The Lane Report · Aug 21
Kentucky Payrolls Hold Flat in July as U.S. Unemployment Stays at 4.1%
3 articles · Updated · The Lane Report · Aug 21
Summary
Kentucky’s nonfarm payroll employment was essentially unchanged from June to July, placing it among 48 states where hiring showed little statistically significant movement.
Only Maryland posted a significant monthly job gain, adding 11,700 positions, while New Jersey lost 25,600, underscoring how broadly national hiring had stalled.
Kentucky’s unemployment rate was also statistically stable in July and over the past year, while the national rate held at 4.1% and 10 states recorded monthly declines.
Ohio stood out near Kentucky: its unemployment rate fell to 3.4% from 3.6% in June and from 4.5% a year earlier, while Tennessee also posted 3.4%, both below the U.S. rate.
The BLS said benchmark revisions due Aug. 28 could change state payroll estimates, with the next state labor-market report scheduled for Sept. 18.