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Unemployment rate surges to 12.5 percent

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Rate now among worst in Bluegrass Region

By Ben Carlson

Anderson County’s unemployment rate skyrocketed to 12.5 percent in October, according to statistics released recently by the Kentucky Office of Employment and Training.

Anderson’s rate is 25 percent higher than the average for the Bluegrass District (9.3 percent) and well above the state average of 10.7 percent.

Anderson’s rate rose from 10.9 percent in September, and is up 4.4 percent from last October.

With the exception of Mercer County (11.4 percent) Anderson’s rate was considerably worse than that of neighboring counties. Fayette County posted the state’s lowest rate at 7.8 percent, and Woodford County was among the state’s lowest at 8.9 percent.

Franklin County posted a 9 percent unemployment rate, Spencer County was at 10.6 and Shelby County was at 9.9 percent.

Charlie Cammack, chairman of the Lawrenceburg-Anderson County Economic Development Authority, said the reason Anderson’s rate is so much higher than the region’s average is because 64.2 percent over the age of 16 work outside of the county.

“Therefore, Anderson County residents may have been dislocated from other counties they work in but still reside in Anderson County,” Cammack said.

He added that 44 Anderson residents were displaced by their employers here and in other counties and 154 new job seekers entered the workforce.

“This increase could be from individuals seeking first-time employment to season employment,” he said.

Cammack added that the authority continues to work to bring jobs and industry to Anderson County and works with local employers to preserve jobs already here.

“Economic Development Authority representatives make regular contacts with existing employers in the county to ensure that their questions and concerns get addressed and to show appreciation to their commitment as an employer in Anderson County,” Cammack said.

“The authority is sensitive to those Anderson County residents that work outside of the of the county and have been dislocated.”

E-mail Ben Carlson at bcarlson@theandersonnews.com.