Kentucky’s annual unemployment rate saw an increase in 2024.
The Kentucky Center for Statistics says the state’s annual unemployment rate for 2024 was 5.1 percent. That is up from the 4.3 percent annual rate for 2023, and trends higher than the national annual unemployment rate of 4 percent.
The U.S. Bureau of Labor Statistics estimates that the Kentucky civilian labor force saw an increase in 2024 of about 37,000 people. The estimated number of Kentuckians in the labor force is 2,093,848, with an estimated 106,205 of them unemployed.
Kentucky’s annual unemployment rate for 2024 ranked 48th in the country. Nevada posted the highest annual unemployment rate for 2024 at 5.6 percent while South Dakota posted the lowest at 1.8 percent. 21 states experienced significant increases in annual unemployment rates from 2023 to 2024.
Kentucky’s Education and Health Services, Government, Construction, Manufacturing, Leisure and Hospitality, and Trade, Transportation, and Utilities sectors saw increases in 2024. The Mining and Logging, Financial Activities, Information, and Professional and Business Services sectors saw decreases.
Find more unemployment and labor market information at kystats.ky.gov.
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