Business and the Economy
Kentucky's Jobless Rate Below 10%
For the first time in more than two years, Kentucky's unemployment rate fell below 10 percent. The measure dropped to 9.8 percent in May from 10 percent in April. However, a different measure of the state's employment continued to show weakness: The state lost 6,000 non-farm jobs during the month. The state's unemployment rate of 9.8 percent matched the rate in February 2009, the most recent time Kentucky's rate was below 10 percent. The state continued to lag behind the national rate, which was 9.1 percent in May, up from 9 percent in April.