Overall unemployment rate moved up to 5.3% with the biggest shift in Restaurants & Hotels, which gained 2,900 roles, based on the most recently available information published in July 2021.
Total employment in the Louisville/Jefferson County, KY-IN market declined by 5,068 jobs in June and the unemployment rate increased compared to the prior month by 160 bps to 5.3%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Louisville/Jefferson County, KY-IN unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Transportation & Utilities: 155,600; +1,700
- Education & Healthcare: 95,800; -1,600
- Business Services: 81,800; -300
- Manufacturing: 80,200; -2,300
- Government: 68,000; -1,900
- Restaurants & Hotels: 65,900; +2,900
- Financial Services: 47,300; no change
- Construction, Mining: 27,800; +1,000
- Other Jobs: 23,600; +100
- IT & Development: 8,200; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.