Labor Market Area
  [HLink_LM]  
  Labor market counties are composed of counties which significantly exist within the sixty (60) minute drive range of the originating county’s county seat. A county will be included within the radius if the centroid point of a county (a point representing the center of the geographic area of a county) falls within the drive zone. Additionally, all contiguous counties will be classified as part of the labor market with the exception of non-Kentucky contiguous counties which have been excluded by the above mentioned 60-minute drive range and have a border with the Mississippi and/or Ohio Rivers.  
  Total Available Labor  
    Available Labor, 2012 Future Labor:
Becoming 18 Years of Age
(2014-2017)
 
  Total Unemployed Potential Labor Supply  
  Labor Market Area 21,809 20,361 1,448 27,929  
  Daviess & Hancock Counties 3,684 3,684 N/A 5,691  
  Source: U.S. Department of Labor, Bureau of Labor Statistics; Kentucky Cabinet for Economic Development (KCED); U.S. Department of Commerce, Bureau of the Census.
Note: Total Available Labor = Unemployed + Potential Labor Supply.
Unemployed - people currently not employed, but actively seeking work.
Potential Labor Supply: Determined by the national labor force participation rate minus each county’s labor force participation rate. Labor force participation rates are calculated by dividing the labor force by the population. NA (Not Applicable) applies to counties with a labor force participation rate greater than the national average.
Future Labor - people becoming 18 years of age (not part of the total available labor statistics).
 
  Civilian Labor Force  
    Daviess & Hancock Counties Labor Market Area  
  2017 Jun. 2018 2017 Jun. 2018  
  Civilian Labor Force 51,453 52,604 263,316 273,259  
  Employed 49,149 50,203 252,611 261,875  
  Unemployed 2,304 2,401 10,705 11,384  
  Unemployment Rate (%) 4.5 4.6 4.1 4.2  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Daviess & Hancock Counties Labor Market Area Kentucky U.S.  
  2013 6.9 7.2 8.3 7.4  
  2014 5.7 5.9 6.5 6.2  
  2015 4.7 4.7 5.4 5.3  
  2016 4.6 4.6 5 4.9  
  2017 4.5 4.1 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Daviess & Hancock Counties 2015 Percent  
  Working and Residing In County 30,669 70.1  
  Commuting Out of County 13,053 29.9  
  Total Residents 43,722 100.0  
  Employees in Daviess & Hancock Counties  
  Working and Residing In County 30,669 64.6  
  Commuting Into County 16,831 35.4  
  Total Employees 47,500 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Average Weekly Wage, 2013  
    Daviess & Hancock Counties Kentucky (Statewide) U.S. Ohio  
  All Industries $741 $784 $957 $859  
  Agriculture, Forestry, Fishing and Hunting 647 631 568 566  
  Mining 1,190 1,318 1,888 1,237  
  Construction 908 911 1,019 1,000  
  Manufacturing 1,095 1,030 1,176 1,072  
  Trade, Transportation, and Utilities 686 722 817 807  
  Information 847 853 1,616 1,219  
  Financial Activities 811 1,069 1,549 1,614  
  Services 499 692 857 783  
  Public Administration 757 813 1,097 1,032  
  Other 0 1,109 987 713  
     
    Indiana Illinois Tennessee Virginia  
  All Industries $801 $1,011 $848 $998  
  Agriculture, Forestry, Fishing and Hunting 658 646 568 571  
  Mining 1,295 1,342 1,225 1,309  
  Construction 1,030 1,185 901 939  
  Manufacturing 1,084 1,221 1,052 1,058  
  Trade, Transportation, and Utilities 703 880 800 764  
  Information 940 1,359 1,125 1,591  
  Financial Activities 1,057 1,714 1,251 1,385  
  Services 687 907 768 977  
  Public Administration 822 1,175 842 1,342  
  Other 400 717 1,170 757  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.