Ky. jobless rate rises to 8 percent in March
FRANKFORT, Ky. (AP) -- The Kentucky Office of Employment and Training is reporting that the state's jobless rate increased slightly in March to 8 percent from 7.9 percent in February.
State economist Manoj Shanker said in a statement Thursday that the rise is not a reason for concern, especially coming on the heels of six months of employment growth.
The trade, transportation and utilities sector lost 2,200 jobs in March. Among other major declines, the retail sector lost 1,900 positions, the leisure and hospitality sector shed 1,800, and the professional and business services sector lost 1,300.
The construction sector also was a big loser with 1,100 fewer jobs in March. The manufacturing sector lost 500 jobs. And the mining and logging sector lost 400 jobs.
The educational and health services sector added 600 jobs.