In March 10 Issue
A preliminary estimate of Russell County's unemployment rate ends the year at 11.2 percent, according to state statistics released this week.
December's rate was up .2 percent from November's and a full percentage point above October's 10.2 percent unemployment rate.
After a continual trend downward in unemployment from the January, 2010 rate of 13.9 percent, the highest of the year, to the lowest point of 10.1 percent in July, the trend has reversed itself with rising rates, albeit at a much slower pace.
According to Kentucky's Office of Employment and Training labor force statistics, the years unemployment rates for Russell County have been as follows: Jan 13.9 percent, Feb 13.7 percent, Mar 12.7 percent, Apr 11.2 percent, May 11.4 percent, Jun 10.3 percent, Jul 10.1 percent, Aug 10.6 percent, Sep 10.3 percent, Oct 10.2 percent, Nov 11.0 percent, and Dec 11.2 percent.
Overall the unemployment rate for 2010 is then 11.4 percent for Russell County. The state's unemployment rate averaged 10.5 percent over the year and was at 9.5 percent nationally for 2010.
Magoffin County in Eastern Central Kentucky ended the year with the highest December unemployment rate in the state at 18.8 percent, continuing their trend throughout the year, while Fayette and Woodford County's tied for lowest unemployment rate at 7.5 percent for December.